2021Bylaws

Bylaws (Colorado)

a voting member or chairman of a standing committee; but such appoint- ment shall be one of the total membership authorized for each committee. Amend. 1989 § 510.3 Special Committees. The chairman of the board of directors or the chairman of the board of trustees, as the situation may require, may appoint any special committees advisable for the orderly conduct of the business and affairs of this corporation under the control of their respective boards. § 511.1 Bonds. At the expense of this corporation, fidelity bonds shall be obtained, from a surety company and in a form and amount approved by the chairman of the board of directors and the General Counsel, indem- nifying this corporation against losses resulting from infidelity, defalca- tion, and misappropriation by officers, employees and agents, of funds, property and securities owned by or under the control of this corporation. § 511.2 Accounts. Checks and Payment or Transfer of Funds. Transfers of funds and payment of obligations of this corporation shall be made into and from depositories approved by the board of directors, pur- suant to procedures adopted by the board of directors. These may include: (a) Wire and other electronic receipt and transfer of funds between, or among, depositories of this corporation; or (b) Wire and other electronic transfer of remittances for payment of obligations of this corporation; or (c) Voucher, imprest or payroll check disbursement signatories for payment of obligations of this corporation. Amend. 1979, 1996, 1999 § 511.3 Imperial Auditor, Auditing Firm and Audit Reports. (a) Imperial Auditor. (1) The Imperial Auditor shall be a Noble and a certified public or chartered accountant. (2) As requested by the board of directors or board of trustees, he shall advise and consult with the officers and agents of this corporation concerning accounting, auditing and related matters, perform special and internal audits, render independent financial advice, and perform other appropriate duties. (3) He shall be the chairman of the Finance and Audit Committee of this corporation. Amend. 1999 (4) He shall act as liaison between the auditing firm, the Finance and Audit Committee and the board of directors and the board of trustees. ARTICLE 11 Fiscal and Legal

BYLAWS (COLORADO)

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