Code No.: 204.2
Purpose: To provide guidelines for the annual meeting of the Board.
Policy: The annual meeting of the Board shall be held every year after August 31 and prior to the Boards organizational meeting.
The Board shall follow its regular order of business as defined elsewhere in these policies, and under the heading “Unfinished Business” shall audit the reports of the Secretary and Treasurer for the fiscal year ending the preceding June 30.
The Board shall examine, reconcile, and approve, if in order, the reports, and the President and Secretary shall affix their signatures thereto.
The Board shall also designate a depository bank and appoint legal counsel.
Legal Refs.: Iowa Code Section 279.33