The President shall be the chief executive officer of the Corporation and shall have general supervision over the business of the Corporation and over its several officers, subject to the control of the Board. He or she shall preside at all meetings of the Board of Directors at which he or she shall be present. Except as otherwise hereinafter provided by these By-laws, or by resolution duly adopted at any meeting, the President shall have power to sign for the Corporation all deeds and other agreements and formal instruments and shall be a member ex officio of all committees. The President is a non-voting member of the board except when board votes result in a deadlock, in which case the President may cast the deciding vote.
The Vice Presidents shall discharge such functions as may be assigned to them by the President or by the Board. In the absence of the President, the Vice Presidents shall, in the order of their appointments, preside at meetings of the Board of Directors, and during the absence or disability of the President shall have the powers and perform the duties of the President. In the absence or disability of the President and the Vice President, another director of the corporation may be appointed by the Board of Directors to discharge the President's functions, or any of them, specified by the Board.
The Secretary shall take true minutes of all meetings of the Board of Directors, shall have the custody of the corporate seal, and shall have authority to fix the same to any instrument requiring it, and when so affixed, it may be attested by his or her signature. The Secretary shall notify directors of their election; shall, under the general direction of the President, prepare and present the business to be acted upon at such meetings; shall in general perform all duties incident to the office of Secretary; and shall perform such other duties as may be designated to him or her by the Board or the President.
The Treasurer, subject to the provisions of the By-laws, and to such regulations as may from time to time be prescribed by the Board, shall have the custody of the funds and securities of the Corporation, and shall be in charge of the disbursement of its money, and shall keep full and accurate accounts of receipts and disbursements in books belonging to the Corporation; he or she shall exhibit such books of account and records to any of the directors at any time upon request at the office of the Corporation and shall render a detailed statement to the directors as often as they shall require it.
The Treasurer shall deposit the funds of the Corporation in such banks or trust companies as may from time to time be designated by the Board, and shall deposit any securities of the corporation with such banks or trust companies as may from time to time be designated by the Board. The withdrawal of such funds or securities shall be made only on the signature or signatures of such one or more of the directors, officers, or employees of the Corporation as may be designated from time to time by the Board for such purpose.
The Treasurer shall, in general, perform all the duties incident to the office of the Treasurer and such other duties as from time to time may be assigned to him by the Board.
The Treasurer, if required to do so by the Board, shall give a bond for the faithful discharge of his duties in such sum, and with such securities, as the Board shall require. The Corporation shall pay the expense of any such bond.
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