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Certified List 2011 - International Academy of Matrimonial Lawyers

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Article XIV.<br />

PARLIAMENTARY AUTHORITY<br />

14. Interpretation <strong>of</strong> these Bylaws and in parliamentary situations that are not covered by<br />

these Bylaws, (in which event Roberts Rules <strong>of</strong> Order, newly revised, shall apply)<br />

shall be by the President. The Board, the Fellowship meeting or Executive<br />

Committee, as the case may be, shall have the right to overrule the parliamentary<br />

decision <strong>of</strong> the President.<br />

Article XV.<br />

COMPENSATION<br />

15 Except as may be specifically authorized by the Board:<br />

a<br />

b<br />

no salary or compensation for services shall be paid to or by any Fellow; and<br />

Board and committee members may not be reimbursed for the expenses <strong>of</strong><br />

attendance at meetings and other activities, except in accordance with policies<br />

adopted by the Board.<br />

16.1 FISCAL YEAR<br />

Article XVI.<br />

FINANCES<br />

The fiscal year <strong>of</strong> the <strong>Academy</strong> shall begin on the first <strong>of</strong> January and end on the<br />

thirty-first <strong>of</strong> December in each year.<br />

16.2 FUNDS<br />

All checks, drafts or other orders for payment <strong>of</strong> money, notes or other evidence <strong>of</strong><br />

indebtedness issued in the name <strong>of</strong> the <strong>Academy</strong>, shall be signed by such <strong>of</strong>ficer(s)<br />

or agent(s) <strong>of</strong> the <strong>Academy</strong> and in such manner, as shall from time to time, be<br />

determined by resolution <strong>of</strong> the Board. In the absence <strong>of</strong> such determination, such<br />

instruments shall be signed by the Treasurer.<br />

16.3 DEPOSITS<br />

All funds <strong>of</strong> the <strong>Academy</strong> shall be deposited from time to time to the credit <strong>of</strong> the<br />

<strong>Academy</strong> in such banks, trust companies or other depositories and in such<br />

currencies as the Treasurer may select with the consent <strong>of</strong> the Executive Committee.<br />

Bylaws 21

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