On 11/2/07, Bill McGonigle <[EMAIL PROTECTED]> wrote: > Do we want two signatures on a check or two signers on an account?
As I recall, the decision made at the last board meeting was for two-signature checks. That is, checks printed such that there are spaces for two signatures on the front, with the idea being that without two proper signatures, the check is not authorized and should not be paid. (Whether or not signatures are actually given any scrutiny by the banking industry before clearing the check being a separate issue.) The plan is/was also for there to be a "pool" (my term) of possible signatories, namely, the President, Secretary, and Treasurer. So no one person can issue an authorized check, but any two people from the "pool" can. On 11/2/07, Jon 'maddog' Hall <[EMAIL PROTECTED]> wrote: > Trying to get two people (particularly in a far-flung organization) to > sign each and every check is TOO HARD. Where were you "single signature" people at the last board meeting? (<-- Rhetorical.) :) -- Ben _______________________________________________ gnhlug-org mailing list gnhlug-org@mail.gnhlug.org http://mail.gnhlug.org/mailman/listinfo/gnhlug-org/
