Ala. Admin. Code r. 280-X-1-.05

Current through Register Vol. 42, No. 12, September 30, 2024

Section 280-X-1-.05 - Duties Of Officers

(1) Chairman - The chairman is the ranking member of the Board and shall preside at all meetings. He shall be responsible for the agenda of each meeting. He shall sign all official documents, unless he delegates this authority to the vice chairman. He shall appoint the members of each permanent or ad hoc committee.

(2) Vice Chairman - The vice chairman shall preside at meetings when the chairman is absent. He shall assist the chairman in organizing the meetings and assembling information concerning the applicants for loans. He shall sign official documents as a representative of the Board when so delegated by the chairman. He shall assume any other duties assigned to him by the chairman.

(3) Treasurer - The treasurer shall be responsible for the disbursing of all funds appropriated to this Board. He shall be responsible for keeping accurate records of monies received and disbursed. He shall sign all checks and bank drafts against the account of the Board.

Author:

Ala. Admin. Code r. 280-X-1-.05

Filed September 22, 1982.

Statutory Authority:Code of Ala. 1975, §§ 16-47-81 through 16-47-81.