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AG 2011 07 18
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AG 2011 07 18
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Last modified
7/19/2011 2:20:33 PM
Creation date
11/27/2017 11:16:10 AM
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Meeting Minutes
Doc Type
Agenda
Meeting Minutes - Date
7/18/2011
Board
Board of Commissioners
Meeting Type
Regular
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4. Further Resolved, that endorsements for deposit may be evidenced by the <br />name of the Association being written or stamped on the check or other <br />instrument deposited, without designation of the party making the <br />endorsement, and Bank is authorized to supply an endorsement on any <br />instrument tendered for deposit or collection; and <br />5. Further Resolved, that the Clerk to the Board or other duly authorized <br />officer of this Association shall certify to the Bank names and <br />signatures of persons authorized to act on behalf of this Association <br />under the foregoing resolutions and shall from time to time hereafter, <br />as changes in the identity of said Authorized Representatives are made, <br />immediately report, furnish and certify such changes to Bank and shall <br />submit to Bank a new account signature card reflecting such change in <br />order to make such changes effective and Bank shall be fully protected <br />in relying on such certifications and shall be indemnified and saved <br />harmless from any claims, demands, expenses, losses or damages <br />resulting from, or growing out of, honoring the signature of any <br />Authorized Representative so certified, or refusing to honor any <br />signature not so certified; and <br />6. Further Resolved, that the foregoing resolutions shall remain in full <br />force and effect and the authority herein given to all of said persons <br />shall remain irrevocable as far as Bank is concerned until three (3) <br />business days after Bank is notified in writing of the revocation of <br />such authority and that receipt of such notice shall not affect any <br />action taken by the Bank prior thereto; and <br />V. Further Resolved, that all transactions by any Authorized <br />Representative, officer or employee of this Association on its behalf <br />and in its name with Bank prior to the delivery to Bank of a certified <br />copy of the foregoing resolutions are, in all respects, hereby <br />ratified, confirmed, approved and adopted; and <br />8. Further Resolved, that the Clerk to the Board be and hereby is, <br />authorized and directed to certify these resolutions to Bank and that <br />the provisions hereof are in conformity with the Articles of <br />Association Charter, Rules and Bylaws of this Association. <br />In Witness Thereof, and intending to bind the Association, I have hereunto <br />subscribed my name, as the Cleric to the Board of Commissioners, this 14" day <br />of June 2004. <br />i <br />Aaa <br />Frankie F. Bonds, Clerk to the Board <br />3 <br />Attachment number 1 <br />F -4 Page 88 <br />
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