2009-09-16.mcs.1: Establishing an additional SPI bank account
This resolution was adopted by the Board of Directors of SPI at their meeting of September 16, 2009.
- SPI's deposits on hand at its current bank are approaching the limit of FDIC insured funds.
THE SPI BOARD RESOLVES THAT
The Treasurer is authorized to open a checking account for Software in the Public Interest, Inc. at an additional bank to ensure SPI's balances are below the FDIC insurance limits.
The signatories on the account will include the following:
- Michael Schultheiss (Treasurer)
- James R. Kaplowitz (Director)