Announcement of changing the check signing process for the HCA

The HCA Board voted on November 15, 2011 to change the language in the HCA bylaws as it applies to check signing.  The change is to Article IV – Annual Dues and Banking, Section 4 – Checks

The following language:

OLD language:

All checks or demands for money and notes of the Association shall be signed by both the President and the Treasurer.  In the absence of one of the above officers, the Vice President or one other approved Board Member shall be authorized to co-sign.  A check register shall be published to Board Members at each Board meeting covering checks issued since the previous meeting.

Was replaced by :NEW language:

Any checks and demands for money and notes of the Association up to $5,000 shall be signed by the Treasurer.  Any checks and demands for money and notes of the Association equal to or greater than $5,000 shall be signed by the Treasurer and President.  In the absence of one of the above officers, the Vice President or one other approved Board Member shall be authorized to co-sign. 

This change is effective 30 days after notice is posed on the website.

Posted: 11/21/11