The Treasurer and Assistant Treasurer. The Treasurer shall have the custody of the Company funds and securities and shall keep full and accurate accounts of receipts and disbursements in books belonging to the Company and shall deposit all moneys and other valuable effects in the name and to the credit of the Company in such depositories as may be designated by the Board. The Treasurer shall disburse the finds of the Company as may be ordered by the Board, taking proper vouchers for such disbursements, and shall render to the President and the Board, at its regular meetings, or when the Board so requires, an account of all the Treasurer’s transactions and of the financial condition of the Company. The Assistant Treasurer, or if there be more than one, the Assistant Treasurer in the order determined by the Board (or if there be no such determination, then in order of their election) shall, in the absence of the Secretary or in the event of the Treasurer’s inability to act, perform the duties and exercise the powers of the Secretary and shall perform such other duties and have such other powers as the Board may from time to time prescribe.
Appears in 3 contracts
Samples: Limited Liability Company Agreement (VPNet Technologies, Inc.), Limited Liability Company Agreement (VPNet Technologies, Inc.), Limited Liability Company Agreement (VPNet Technologies, Inc.)
The Treasurer and Assistant Treasurer. The Treasurer shall have the custody of the Company funds and securities and shall keep full and accurate accounts of receipts and disbursements in books belonging to the Company and shall deposit all moneys and other valuable effects in the name and to the credit of the Company in such depositories as may be designated by the Board. The Treasurer shall disburse the finds funds of the Company as may be ordered by the Board, taking proper vouchers for such disbursements, and shall render to the President and or the Board, at its regular meetings, or Board (when the Board so requires, ) an account of all of the Treasurer’s 's transactions and of the financial condition of the Company. The Assistant Treasurer, or if there shall be more than one, the Assistant Treasurer Treasurers in the order determined by the Board (or if there be no such determination, then in the order of their election) ), shall, in the absence of the Secretary Treasurer or in the event of the Treasurer’s 's inability to act, perform the duties and exercise the powers of the Secretary Treasurer and shall perform such other duties and have such other powers as the Board may from time to time prescribe.
Appears in 2 contracts
Samples: Limited Liability Company Agreement (Zany Brainy Inc), Limited Liability Company Agreement (Zany Brainy Inc)
The Treasurer and Assistant Treasurer. The Treasurer shall have the custody of the Company Company’s funds and securities and shall keep full and accurate accounts of receipts and disbursements in books belonging to the Company and shall deposit all moneys and other valuable effects in the name and to the credit of the Company in such depositories as may be designated by the Board. The Treasurer shall disburse the finds funds of the Company as may be ordered by the Board, taking proper vouchers for such disbursements, and shall render to the President President, under whose supervision the Treasurer shall be, and the Board, at its regular meetings, or when the Board so requires, an account of all of the Treasurer’s transactions and of the financial condition of the Company. The Assistant Treasurer, or if there shall be more than one, the Assistant Treasurer Treasurers in the order determined by the Board (or if there be no such determination, then in the order of their election) ), shall, in the absence of the Secretary Treasurer or in the event of the Treasurer’s inability to act, perform the duties and exercise the powers of the Secretary Treasurer and shall perform such other duties and have such other powers as the Board may from time to time prescribe.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Penske Automotive Group, Inc.)
The Treasurer and Assistant Treasurer. The Treasurer shall have the custody of the Company funds and securities and shall keep full and accurate accounts of receipts and disbursements in books belonging to the Company and shall deposit all moneys and other valuable effects in the name and to the credit of the Company in such depositories as may be designated by the Board. The Treasurer shall disburse the finds funds of the Company as may be ordered by the Board, taking proper vouchers for such disbursements, and shall render to the President and the Board, at its regular meetings, or when the Board so requires, an account of all of the Treasurer’s 's transactions and of the financial condition of the Company. The Assistant Treasurer, or if there shall be more than one, the Assistant Treasurer Treasurers in the order determined by the Board (or if there be no such determination, then in the order of their election) ), shall, in the absence of the Secretary Treasurer or in the event of the Treasurer’s 's inability to act, perform the duties and exercise the powers of the Secretary Treasurer and shall perform such other duties and have such other powers as the Board may from time to time prescribe.
Appears in 1 contract
Samples: Limited Liability Company Agreement (MAAX Holding Co.)
The Treasurer and Assistant Treasurer. The Treasurer shall have the custody of the Company funds and securities and shall keep full and accurate accounts of receipts and disbursements in books belonging to the Company and shall deposit all moneys and other valuable effects in the name and to the credit of the Company in such depositories as may be designated by the Board. The Treasurer shall disburse the finds funds of the Company as may be ordered by the Board, taking proper vouchers for such disbursements, and shall render to the President and the Board, at its regular meetings, or when the Board so requires, an account of all of the Treasurer’s transactions and of the financial condition of the Company. The Assistant Treasurer, or if there shall be more than one, the Assistant Treasurer Treasurers in the order determined by the Board (or if there be no such determination, then in the order of their election) ), shall, in the absence of the Secretary Treasurer or in the event of the Treasurer’s inability to act, perform the duties and exercise the powers of the Secretary Treasurer and shall perform such other duties and have such other powers as the Board may from time to time prescribe.
Appears in 1 contract