Orange County NC Website
of the Board and of the members; keep appropriate <br /> current records showing the members of the Association <br /> together with their, addresses, and shall perform such <br /> other duties as required by the Board. <br /> (d) Treasurer: The Treasurer shall receive and <br /> deposit in apppropriate bank accounts all monies of <br /> the Association and shall disburse such funds as <br /> directed by resolution of the Board of Directors; <br /> • <br /> shall sign all checks and promissory notes of the <br /> Association; keep proper books of account; cause an <br /> annual audit of the Association's books to be made by <br /> a public accountant at the completion of each fiscal <br /> year; and shall prepare an annual budget and statement. <br /> of income and expenditures to be presented to the <br /> membership at its regular annual meeting, and deliver <br /> a copy of each to the members. <br /> ARTICLE IX <br /> COMMITTEES <br /> The Association shall appoint an Architectural Control <br /> Committee, as provided in the Declaration, and a Nominating <br /> COmmittee, as provided in these By-Laws. In addition, the Board <br /> of Directors shall appoint other committees as deemed appropri- <br /> ate in carrying out its purpose. 4 <br /> ARTICLE X <br /> BOOKS AND RECORDS <br /> The books, records and papers of the Association. <br /> shall, at all times during reasonable business hours, be subject <br /> -11- <br />