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Check Signers?

11 years 7 months ago #157988 by barb_r
Check Signers? was created by barb_r
Our by-laws stipulate 4 signers on the checking account. Treasurer, President, Principal and Vice Principal. Is it normal for a principal and vp to be signers?

Who are the signers on your account?
11 years 7 months ago #157991 by foxmom
Replied by foxmom on topic Re:Check Signers?
We do not have the principal, vice principal or any teacher as a check signer- in fact any employee from the school can not be a check signer-- all checks must have 2 signatures-- but it is either the president, vice president, either of the 2 treasurers and the sec/publicity chair-- this allows all checks to be written on a timely basis-- and all requests have to be approved by the president or vice president to be paid-- that way one of the 2 of us knows whats going on.
11 years 7 months ago #157995 by Lisa @ PTO Today
Replied by Lisa @ PTO Today on topic Re:Check Signers?
barb-r,
We suggest that you have 2 designated check-signers in our 5 Smart Financial Controls article.
Maybe you could show this article to your board and amend your bylaws?

~Lisa


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