Section 8. Duties

FCHOA Bylaws - Revision Date: 2022-05-20

The officers of the Association shall each have such powers and duties as generally pertain to their respective offices, as well as such powers and duties as may from time to time be specifically conferred or imposed by the Board. The duties of the officers shall also include the following:

(a)      President. The President shall preside at all meetings of the Members and of the Board of Directors; shall see that orders and resolutions of the Board are carried out; shall sign all leases, mortgages, deeds, promissory notes, and other written instruments and shall have authority to sign all checks.

(b)      Vice President. The Vice President shall exercise the authority of the President in the President’s absence, and shall exercise and discharge such other duties as may be required by the Board.

(c)      Secretary. The Secretary shall record the votes and keep the minutes of all meetings and proceedings of the Board and of the Members; shall cause to be served or delegate service of notice of meetings of the Board and of the Members; cause to be kept appropriate current records showing the Members of the Association together with their addresses, and shall perform such other duties as required by the Board or by the Nonstock Corporation Act.

(d)       Treasurer. The Treasurer shall be responsible for reviewing all financial statements prepared by the Management Agent or Manager; shall coordinate with the Management Agent or Manager the opening of all accounts; shall have the authority to sign checks; coordinate the annual preparation of tax returns; and monitor the proper deposit and disbursement of funds by the Management Agent or Manager. The Treasurer shall oversee the keeping of proper books of account and shall provide such financial reports as requested by the President or the Board. The Treasurer shall have the power to delegate administrative responsibilities as necessary to fulfill the responsibilities herein.