ARTICLE VI. CONTRACTS, CHECKS, BANK ACCOUNTS & INVESTMENTS
Section 1. Checks and Contracts
The Board of Directors is authorized to select such depositories as it shall deem proper for the funds of the Corporation and shall determine who shall be authorized in the Corporation’s behalf to sign bills, notes, receipts, acceptances, endorsements, checks, releases, contracts and documents.
Section 2. Investments
The funds of the Corporation may be retained in whole or in part in cash or be invested and reinvested from time to time in investment vehicles such as (but not limited to) savings accounts or CDs, stocks, bonds or mutual funds, as the Board of Directors may deem desirable and consistent with prudent investment practices.