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Policy:

1. The signature of the Treasurer is sufficient on checks up to $3,000.
2. The signatures of the Treasurer and President are both required on checks above $3,000.
3. No checks are to be written without paper documentation of the expense.
4. The signature on an EASFAA check cannot be the same as the payee.

Procedures:

1. The Treasurer is responsible for paying all bills of the Association. Thus, the Treasurer collects and keeps all paper documentation (bills, travel vouchers, etc), enters amounts to the account ledger and prepares checks.
2. As necessary, the Treasurer forwards checks to the President for signature with whatever documentation the President needs to see to justify her/his countersignature.

Approved:

February 1994; Revised November 1998

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