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ARTICLE VIII: DISBURSEMENT OF FUNDS

ALL checks require the signatures of BOTH the PRESIDENT and TREASURER. The PRESIDENT may authorize disbursements UP TO Fifty dollars ($50.00). Disbursements UP TO Two Hundred dollars ($200.00) require a meeting and vote of the Board. Disbursements over the amount of Two Hundred dollars ($200.00) require a vote of the general membership. Charitable donations will be discussed by the general membership for approval.