ARTICLE 8: CHECKS, DRAFTS, FINANCIAL INSTRUMENTS AND FISCAL YEAR

Section 1.

All checks, drafts, or other orders for the payment of money, notes, or other evidence of indebtedness issued in the name of the Association, shall be signed by such officer or officers, agent or agents of the Association and in such manner as shall from time to time be determined by resolution of the Board of Directors.

Section 2.

All funds of the Association not otherwise employed shall be deposited from time to time to the credit of the Association in such banks, trust companies, or other depositories as the Board of Directors may select.

Section 3.

The fiscal year of the Association shall begin on the first day of September and end on the last day of August of each year.