Guest susan Posted April 6, 2011 at 11:36 PM Report Share Posted April 6, 2011 at 11:36 PM Can the Treasurer suddenly solely decide who she/he wants to sign checks and go to the bank and take the other Executive Directors off of the signature cards and put non-executive bod members on the signature cards? The reason for this is the Treasurer is angry because the President wants to sign all checks and then it is up to the Treasurer, VP, or Secretary as to who wants to be the second signature. Link to comment Share on other sites More sharing options...
Josh Martin Posted April 6, 2011 at 11:38 PM Report Share Posted April 6, 2011 at 11:38 PM Can the Treasurer suddenly solely decide who she/he wants to sign checks and go to the bank and take the other Executive Directors off of the signature cards and put non-executive bod members on the signature cards?No, unless your Bylaws state otherwise.The reason for this is the Treasurer is angry because the President wants to sign all checks and then it is up to the Treasurer, VP, or Secretary as to who wants to be the second signature.Well, the President doesn't have the authority to make those sorts of decisions either, unless your Bylaws state otherwise. Link to comment Share on other sites More sharing options...
hmtcastle Posted April 6, 2011 at 11:40 PM Report Share Posted April 6, 2011 at 11:40 PM Can the Treasurer suddenly solely decide who she/he wants to sign checks and go to the bank and take the other Executive Directors off of the signature cards and put non-executive bod members on the signature cards?Only if your bylaws (or other rules) give your treasurer this authority. Frankly, it seems unlikely.Generally such decisions are not left to any one officer but are made by the membership as a whole (or by a board acting on behalf of the membership). Link to comment Share on other sites More sharing options...
Guest susan Posted April 7, 2011 at 12:03 AM Report Share Posted April 7, 2011 at 12:03 AM What is our recourse should the Treasurer go to the bank and change the signatures cards and has other non-executive BOD members sign the checks. Here are what our by-laws state regarding the President and Treasurer is there anything in here that would give the Treasurer permission to make the changes as discussed in the previous messages? The President shall preside at all meetings of the Board and membership, countersign all papers and documents requiring such actions, appoint, along with his or her fellow Board members, such committees as may be deemed necessary by the Board and have general supervision of the overall affairs of the total Corporation.The Treasurer shall, Ensure that the books and accounts of the corporation are audited annually by a qualified person or accounting service as approved by majority of the BoardBe responsible for preparing an annual budget for the following fisca year to be submitted to the Board for approval prior to the end of the fiscal year.Ensure the timely preparation and filing of tax returns and reports as may be requiredensure that donations are acknowledged in a timely manner in accordance with the current Internal Revenue regulationsSubmit and present to the membership meeting an annual income statement and balance sheet for the preceding year that has been prepared by an accountant or accounting firm and approved by the BoardAlong with members of the Finance committee, if any, may at any time, review the financial paperwork of the Corporation, including the checkbook, bank statements, bills, and investments.Supervise the payment of the Corporation's billsReport the Corporation's financial status at each meeting of the BoardAs these are written do the by-laws give the treasurer Link to comment Share on other sites More sharing options...
hmtcastle Posted April 7, 2011 at 12:07 AM Report Share Posted April 7, 2011 at 12:07 AM What is our recourse should the Treasurer go to the bank and change the signatures cards and has other non-executive BOD members sign the checks. Get to the bank first and tell them that the treasurer does not have the authority to change the names on the signature card. Link to comment Share on other sites More sharing options...
Guest Mike Posted April 7, 2011 at 01:37 AM Report Share Posted April 7, 2011 at 01:37 AM Get to the bank first and tell them that the treasurer does not have the authority to change the names on the signature card. Ever think that the Treasurers actions should be looked into? Link to comment Share on other sites More sharing options...
Guest Susan Posted April 7, 2011 at 01:49 AM Report Share Posted April 7, 2011 at 01:49 AM Thank you to all. I have forwarded your responses on. H Wm Mountcastle our President will be contacting the bank first thing in the morning. Are there any other suggestions on how we may be able to handle this situation in case she has gone to the bank today and changed them? Link to comment Share on other sites More sharing options...
David A Foulkes Posted April 7, 2011 at 02:05 AM Report Share Posted April 7, 2011 at 02:05 AM Thank you to all. I have forwarded your responses on. H Wm Mountcastle our President will be contacting the bank first thing in the morning. Are there any other suggestions on how we may be able to handle this situation in case she has gone to the bank today and changed them?Get the President and other officers, and perhaps even members, and go to the bank and ask the manager what the hey? Close the accounts, then open a new account at a different bank and do all you can to keep the money out of the Treasurer's hands and in those of someone trustworthy. Follow whatever procedures your bylaws may include for removing officers (i.e. the Treasurer), and take a look at FAQ #20 on this site as well as take a slow, thorough read through Chapter XX of RONR (10th Edition). Pursue legal avenues if there's any possible criminal wrongdoing. Link to comment Share on other sites More sharing options...
Gary Novosielski Posted April 7, 2011 at 03:03 AM Report Share Posted April 7, 2011 at 03:03 AM Can the Treasurer suddenly solely decide who she/he wants to sign checks and go to the bank and take the other Executive Directors off of the signature cards and put non-executive bod members on the signature cards? The reason for this is the Treasurer is angry because the President wants to sign all checks and then it is up to the Treasurer, VP, or Secretary as to who wants to be the second signature.Last time I was at a bank changing signature cards for a society, I had to sign a statement on a form supplied by the bank, separate from the signature card itself, listing the names of the people, and certifying that this list of names authorized to sign checks was approved by the society "by a resolution duly adopted at a properly called meeting at which a quorum was present, and recorded in the minutes." (They weren't taking any chances.) If your secretary signed one of those forms, and it wasn't true, then somebody got some 'splainin' to do. Link to comment Share on other sites More sharing options...
David A Foulkes Posted April 7, 2011 at 10:33 AM Report Share Posted April 7, 2011 at 10:33 AM If your secretary signed one of those forms, and it wasn't true, then somebody got some 'splainin' to do.I don't say it often, but LOL. Link to comment Share on other sites More sharing options...
Guest Susan Posted April 26, 2011 at 08:57 PM Report Share Posted April 26, 2011 at 08:57 PM Our secretary went through with it several weeks before we knew she was up to something. The president went to the bank the following morning after the original conversations above and found out we had already been removed from the signature cards. The Treasurer provided the bank minutes from a meeting she called with some of the Board of Directors but not all. We were not told of this meeting or given minutes from said meeting. When discussing with the bank what happened we were told that the Treasurer followed bank protocol with minutes from a meeting and a reason as to why we were to be removed. That was all the bank could tell us since we were no longer on the signature cards. The bank said we would have to do our own internal investigation. How do we handle this situation? Link to comment Share on other sites More sharing options...
hmtcastle Posted April 26, 2011 at 08:59 PM Report Share Posted April 26, 2011 at 08:59 PM How do we handle this situation?Sounds like you might need a lawyer. Or at least the advice of a lawyer (which would probably be that you need a lawyer). Link to comment Share on other sites More sharing options...
Guest Guest Posted April 26, 2011 at 10:11 PM Report Share Posted April 26, 2011 at 10:11 PM Would we use the attorney for the shelter or do we have to hire our own attorney? Link to comment Share on other sites More sharing options...
hmtcastle Posted April 26, 2011 at 10:14 PM Report Share Posted April 26, 2011 at 10:14 PM Would we use the attorney for the shelter or do we have to hire our own attorney?I would assume you'd consult your organization's attorney. Otherwise, who is this "we" you're talking about? Link to comment Share on other sites More sharing options...
Guest Guest Posted April 26, 2011 at 10:16 PM Report Share Posted April 26, 2011 at 10:16 PM The President, myself (VP), and the Secretary. We are the ones that the Treasurer has removed from sig cards. Link to comment Share on other sites More sharing options...
hmtcastle Posted April 26, 2011 at 10:17 PM Report Share Posted April 26, 2011 at 10:17 PM The President, myself (VP), and the Secretary. We are the ones that the Treasurer has removed from sig cards.Yes, but I assume you want to do the right thing as officers and members of the organization, not as individuals who feel they've been wronged. Link to comment Share on other sites More sharing options...
Guest Guest Posted April 26, 2011 at 10:35 PM Report Share Posted April 26, 2011 at 10:35 PM Yes, we want to do the right thing as officers but more importantly the right thing for the members and the organization. I am sorry I said something to mislead you. Link to comment Share on other sites More sharing options...
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