PhilWiki Community/Board Meetings/2020/Resolution 2020-2
|2019 Resolutions||Official Depositary Banks
|This resolution was approved by vote on 12 January 2020.|
RESOLVED, the Board shall identify and recommend an official depositary bank which shall maintain all the accounts of PhilWiki Community (PH-WC);
RESOLVED, that the Treasurer AND the President be, as they are hereby, authorized to sign, for and on behalf of PH-WC any documents, withdrawal slips, checks or contracts as may be appropriate and/or required for the implementation of the foregoing transactions;
RESOLVED, that the Secretary be authorized, as he is hereby authorized, to submit to the official depositary bank the updated list of the incumbent officers occupying the above-mentioned positions, from time to time;
RESOLVED FURTHER, a joint-account between Ramon Olaño, Jr. and Irvin Sto. Tomas who is the current Treasurer and President of PH-WC, respectively, may temporarily maintain all the fees and annual dues of PH-WC members, in lieu of the official depositary bank;
RESOLVED FINALLY, that this Resolution shall remain valid, subsisting and enforceable unless subsequently modified, revoked, or superseded by a resolution of the Board of Trustees and a copy of such resolution is actually received by the official depositary bank.