2021Bylaws

Bylaws (Iowa)

(e) Imperial Treasurer. (1) He shall arrange for the payment of all obligations of this corpora- tion out of authorized appropriations in accordance with a budget adopted by the corporation and in a manner consistent with these bylaws. Amend. 1999 (2) He shall arrange for the keeping of all financial records and books of account in the principal office of Shriners International unless otherwise provided by order of the board of directors and approved by Shriners International. (3) He shall collect and receive all revenues of Shriners International, and shall deposit them to the credit of Shriners International in the depositories approved by the board of directors. Amend. 1976 (4) He shall provide for the maintenance of adequate and complete records and books of account, showing the details of all revenues received by him and the sources thereof, and account for the deposit of the same as required by this section, keeping separate the revenues of Shriners International and receipts for the Hospitals. (5) He shall keep and maintain all budget control records. (6) As soon as practicable after the end of each fiscal year, he shall cause to be prepared from the records and books and shall submit to the board of directors: Amend. 2017 (i) an annual statement of the financial condition of Shriners International, showing its assets, its revenues and sources thereof, its liabilities, and its net worth; (ii) an annual operating statement; and (iii) any other or supplementary report or statement necessary to disclose its true financial condition, the nature and current estimated value of its assets, its operating results, its income and the sources thereof, and its reserves and purposes thereof. (7) He also shall submit his annual report, prepared in accordance with paragraph (6), to the next annual Imperial Session of Shriners International. (8) He shall, with the approval of the board of directors, arrange for the prudent investment of all idle current funds of the corporation not needed for immediate payment of obligations under current appropriations. Amend. 1972, 1999 (9) He shall receive notice of, and may attend, all meetings of the Finance and Audit Committee and he shall receive copies of all records thereof. Amend. 1999 (10) He shall perform any other duties assigned to him by these bylaws or the board of directors.

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