RESPONSIBILITIES FOR FUNDS AND PROPERTY. The Secretary/Treasurer, or his or her designee, shall have the custody of and disburse CHAC’s funds. Proceeds of similar obligations of CHAC may be deposited with a trustee, agent or other depositary and shall not be considered CHAC’s funds for purposes of this Section. The Secretary/Treasurer may delegate disbursements to persons as may be authorized by the Board to perform that function.
Appears in 3 contracts
Samples: Joint Powers Agreement, Joint Powers Agreement, Joint Powers Agreement
RESPONSIBILITIES FOR FUNDS AND PROPERTY. The Secretary/Treasurer, or his or her designee, shall have the custody of and disburse CHAC’s funds. Proceeds of similar obligations of CHAC may be deposited with a trustee, agent or other depositary and shall not be considered CHAC’s funds for purposes of this Section. The Secretary/Treasurer may delegate disbursements to persons as may be authorized by the Board to perform that functionthem.
Appears in 1 contract
Samples: Joint Powers Agreement
