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shall be selected in accordance with the provisions of Article V of these By-laws; and (c) in <br /> general perform all of the duties incident to the office of Treasurer and such other duties as from <br /> time to time may be assigned to him or her by the President or by the Board of Directors. <br /> Section 4.9 - ASSISTANT SECRETARIES AND ASSISTANT TREASURERS. The <br /> Assistant Secretaries and Assistant Treasurers, in general, shall perform such duties as shall be <br /> assigned to them by the Secretary or the Treasurer, respectively, or by the President or the Board <br /> of Directors. <br /> Section 4.10 - BONDS. If the Board of Directors by resolution shall so require, any <br /> officer or agent of the corporation shall give bond to the corporation in such amount and with <br /> such surety as the Board of Directors may deem sufficient, conditioned upon the faithful <br /> performance of their respective duties and offices. <br /> Section 4.11 - SALARIES. The salaries of the officers shall be fixed from time to time by <br /> the Board of Directors and no officer shall be prevented from receiving such salary by reason of <br /> the fact that he is also a director of the corporation. <br /> Section 4.12 - LOANS TO OFFICERS. No loans shall be made by the corporation to any <br /> officer or director of the corporation. <br /> ARTICLE V <br /> CONTRACTS,LOANS, CHECKS AND DEPOSITS <br /> Section 5.1 - CONTRACTS. The Board of Directors may authorize any officer or <br /> officers, agent or agents, to enter into any contract or execute and deliver any instrument in the <br /> name of and on behalf of the corporation, and such authority may be general or confined to <br /> specific instances. <br /> Section 5.2 - LOANS. No loans shall be contracted on behalf of the corporation and no <br /> evidences of indebtedness shall be issued in its name unless authorized by a resolution of the <br /> Board of Directors,Such authority may be general or confined to specific instances. <br /> Section 5.3 — CHECKS AND DRAFTS. All checks, drafts or other orders for the <br /> payment of money, notes or other evidences of indebtedness issued in the name of the <br /> corporation shall be signed by such officer or officers, agent or agents of the corporation and in <br /> such manner as shall from time to time be determined by resolution of the Board of Directors. <br /> Section 5.4 - DEPOSITS. All funds of the corporation not otherwise employed shall be <br /> deposited from time to time to the credit of the corporation in such banks, trust companies or <br /> other depositories as the Board of Directors may select. <br /> Section 5.5 - GIFTS. The Board of Directors may accept on behalf of the corporation any <br /> contribution, gift, bequest or devise for the general purposes of or for any special purposes of the <br /> corporation. <br /> 7 <br />