Article VII-Finance and Dues
Section 1. All monies collected by the Association shall be received by the Vice President of
Exchequer and deposited in the account set up exclusively for the Association.
Section 2. Dues for each year will be voted on with the Budget at the first G.A. meeting of each
school year.
A. The Vice President of Exchequer has the authority to set when the dues shall
be paid.
B. Per Article V, Section 2 of this constitution, if a Quorum is not achieved, the
Executive Council retains the power to set the dues schedule.
Section 3. Each semester a petty cash fund shall be set up for exclusive use by the Executive
Council
A. The fund shall not exceed $300 for the entire semester or 10% of the
treasury, whichever is less.
B. Any use of funds from the petty cash fund must be documented with the
Vice President of Exchequer and requires the approval of the Executive
Council.
C. Any use of funds from the petty cash fund must be reported at the following
G.A. meeting.