Chapter 13: Finances
ARTICLE 13-1. FINANCIAL YEAR:
The financial year of the National Organization shall be the calendar year.
BYLAW 13-2. BOOKKEEPING:
The cashbook, ledger and other bookkeeping records of the National Organization shall be maintained by the Treasurer under the supervision of the Board of Directors.
BYLAW 13.3. BUDGET:
The Treasurer shall submit a proposed budget for the ensuing year to the Board of Directors at its meeting during the National Organization Convention for its consideration. The proposed budget, with the recommendations of the Board of Directors, shall then be submitted for its approval to the General Assembly at the Convention.
- COMMENTS ON BYLAW 13 3:
- If there is an Executive Committee, Bylaw 13.3 will refer to Article 11.2, point d.
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