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35 <br /> (d) The accounts of the corporation shill be audited by <br /> a certified public accountant annually, as soon as practical <br /> after the close of the fiscal year. The audit shall be <br /> available at all times to the Board of Directors for <br /> examination. <br /> (e) The President, Secretary, Treasurer, and such others <br /> as may be designated by the Board of Directors or Executive <br /> Committee, shall be bonded under terms and through an agency <br /> approved by the Board of Directors. The premium of any and <br /> all bonds shall be paid by the corporation. <br /> ARTICLE VII <br /> General Provisions <br /> Section 1. Corporate Seal. The corporate seal shall be in <br /> such form as shall be approved from time to time by the Board of <br /> Directors. <br /> Section 2. Fiscal Year. The fiscal year of the corporation <br /> shall be determined, and may be changed, by resolution of the Board <br /> of Directors. <br /> Section 3 . Waiver of Notice. Whenever any notice whatever is <br /> required to be given under the provisions of the North Carolina <br /> Nonprofit Corporation Act or under the provisions of the Articles <br /> of Incorporation or the by-laws of the corporation, a waiver <br /> thereof in writing signed by the person or persons entitled to such <br /> notice, whether before or after the time stated therein, shall be <br /> deemed equivalent to the giving of such notice. <br /> Ra12\R55090-006\0047496.06\10-07-94 26 <br />