2007-01-19.jmb.2: Moving SPI bank account
As an organization with international scope, SPI needs the services of at least a national if not an international bank
Our current bank has only one physical location, which is not convenient to any board member
The Board hereby
authorizes the Treasurer and Assistant Treasurer to open a checking account for Software In The Public Interest, Inc. at a bank to be selected by consensus of the Treasurer, Assistant Treasurer and Secretary after discussion on the "spi-private" mailing list.
Up to $30,000 will be initally transferred to the account.
The signatories on the account will include the following, according to to the signatory rights previously discussed on board@ and ratified at the 2006-09-19 meeting:
|Michael Schultheiss||Assistant Treasurer|
Given the President's travel schedule, his signature may be added to the account after initial account opening.