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corporatio . and shall be responsible for the day by day activities of <br /> the corpor tion. The Executive Director shall prepare an annual. Program <br /> of Work, aid annual Budget, such other documents and reports as may be <br /> prescribed by the Board of Directors for presentation to the Board. The <br /> Executive Director shall work under the general supervision of the <br /> afd of d shall be responsible to the Board of Directors for all <br /> correspondence, recruitment, and other general duties and responsibilities <br /> t <br /> as prescribed. Under the direction of the Treasurer or the Secretary, <br /> the Executive Director shall maintain any records, financial records <br /> or other material or documents of the corporation. All employees <br /> authorizedlor approved by the Board of Directors shall be the <br /> responsibility of the Executive Director for employment and supervision. <br /> The Executive Direttor may be elected Secretary to the Board of Directors <br /> but shall Told no other elected offices slept for $ Uffl.ele membership <br /> ea all acme1.tiees. <br /> ARTICLE V <br /> Contracts and Finance <br /> Section 1. Authorization. The Board may authorize any officer, agent, <br /> or employee to enter into contract with or execute and deliver an <br /> instrument, including such notes or bonds in the name of or on behalf <br /> of the corporation and such authority may be general or confined to <br /> specific instances. All checks, drafts or other orders for payment or <br /> notes or other evidences of indebtedness issued in the name of the <br /> corporation shall be signed by such officer or agent and in such manner <br /> as shall be authorized by resolution of the Board. <br /> Section 2. Funds. All funds of the corporation shall be deposited to the <br /> credit of the corporation in such banks or other depositories <br /> designated by the Board of Directors or other officer or agents so <br /> designated nd authorized by the Board of Directors. <br /> Section 3. Gifts. The Board of Directors or any officer or agent of the <br /> Board so designated, shall be empoweEed to accept any gift, bequest <br /> or contribution on behalf of the corporation for any general or special <br /> purpose of the corporation permitted by the Charter or these bylaws. <br /> Section 4. Audits. Annually, or upon request of a majority of the Board, <br /> (6) <br />