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The NICE Bylaws
Article 6: Execution of Instruments, Deposits, and Funds
- 6.1 Execution of Instruments
- 6.2 Checks and notes
- 6.3 Deposits
- 6.4 Gifts
- Section 6.1 Execution of instruments
- The Board of Directors, except as otherwise provided in these
Bylaws, may by resolution authorize any officer or agent of NICE to
enter into any contract or execute and deliver any instrument in
the name of and on behalf of NICE, and such authority may be
general or confined to specific instances. Unless so authorized, no
officer, agent, or employee shall have any power or authority to
bind NICE by any contract or engagement or to pledge its credit or
to render it liable monetarily for any purpose or in any
amount.
- Section 6.2 Checks and notes
- Except as otherwise specifically determined by resolution of the
Board of Directors, or as otherwise required by law, checks,
drafts, promissory notes, orders for the payment of money, and
other evidence of indebtedness of NICE shall be signed by the
- Treasurer and countersigned by the President or, if there is no
President, the Chairperson.
- Section 6.3 Deposits
- All funds of NICE shall be deposited from time to time to the
credit of NICE in such banks, trust companies, or other
depositories as the Board of Directors may select.
- Section 6.4 Gifts
- The Board of Directors may accept on behalf of NICE any
contribution, gift, bequest, or devise for the charitable or public
purposes of NICE.
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