Article G- Finance

Section 1. Authorization of Expenditures.
The Treasurer may authorize expenditures for supplies or services for the Association in an amount not in excess of Twenty- five-Hundred Dollars ($2,500) in any one transaction without the prior approval of the Board of Directors, provided the general program or project for which this expenditure is made had previously been approved by the Board of Directors.

Section 2. Expenditures Requiring Prior Approval
by Board of Directors.
All new ventures of the Association, such as the publication of a booklet, book or film, the handling of any sales item, the purchase of objects for donation, the development of interpretative facilities in any National Park Service area, or the purchase or alienation of land, shall be approved by the Board of Directors, and expenditures for such purposes must be specifically approved by the Board before the Treasurer may make disbursements in these matters.

Section 3. Obligating Documents.
When the execution of any contract, conveyance, or other instrument has been authorized without specification as to the interest of the Association in such instrument or instruments, the President, or Vice President and the Secretary may execute the same in the name and in behalf of the Association and may affix the Association's seal thereto. The Board of Directors shall have power to designate the officers and agents who shall have authority to execute any instrument in behalf of the Association.

Section 4. Deposits.
All funds of the Association shall be deposited by the Treasurer in a Federally-chartered bank or banks, or the Treasury Department Federal Credit Union, as approved by the Board of Directors and in the name of the Association. The Treasurer shall not invest the Association's monies without the approval of the Board of Directors.

Continuation of Article G