Resolution 2018-09-10.mzh.1: Establishing additional SPI bank accounts

This resolution was adopted by the Board of Directors of SPI at their meeting of September 10, 2018.

  1. SPI's deposits on hand at its current banks are approaching the limit of FDIC insured funds.

THE SPI BOARD RESOLVES THAT

  1. The Treasurer is authorized to open new checking, savings, and other accounts for Software in the Public Interest, Inc. (SPI) at additional financial institutions to meet the financial needs of SPI.

  2. The signatories on the account will include the following:

    • James R. Kaplowitz (President)
    • Michael Schultheiss (Treasurer)
    • Martin Zobel-Helas (Director)