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Old 05-30-2011, 04:59 PM   #21
Recycles dryer sheets
Join Date: Apr 2005
Location: World Citizen
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Sell your fellow bd mems on a fidelity bond, requires the " faithful performance" by the treasurer position.
Purchased from an insurance co, based on amt of money handled.
A great way to protect the org.
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Old 05-30-2011, 05:41 PM   #22
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Yes, our board now has a bonded treasurer, but had to learn the hard way. Cost of the annual bonding is not large, and obviously well worth it.
I thought growing old would take longer.
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Old 05-30-2011, 07:59 PM   #23
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In 1 word..No
In 2 words...No way
In 3 words...Don't handle money.

Next question?
"All our dreams can come true, if we have the courage to pursue them." - Walt Disney
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Old 05-31-2011, 12:18 PM   #24
Recycles dryer sheets
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Join Date: Jun 2007
Posts: 413
Originally Posted by freebird5825
In 1 word..No
In 2 words...No way
In 3 words...Don't handle money.

Next question?
You might want to change that to 'don't handle sensitive information'. Of course that becomes very restrictive. Misappropriation of sensitive info often is more damaging than embezzlement.
Retired - Class of 2011
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