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Section Committees Policy

Reference: By-law 1503



A report of the election of officers and executive committee shall be sent to the Chief Executive Officer of the Association immediately following the election.



2.1 CUSTODY OF SECTION FUNDS: Section funds shall be kept in such financial institutions which have been approved by the Section Board of Directors.

2.2 INVESTMENT OF SURPLUS FUNDS: Surplus funds of the Section may be invested in low-risk, non-speculative investments as approved by the Section Board of Directors.

2.3 DEPOSIT AND WITHDRAWAL OF SECTION FUNDS: Deposits and withdrawals of Section funds shall be made by such officers as the Section Board of Directors appoints for the purpose. A minimum of two signing officers shall be required for all transactions.

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