Rule IV-9 Finances

(a) Disbursement Authority. Any member of the Board so designated, or the Executive Director, shall sign checks for disbursements by the Alaska Bar from its funds. The Executive Director’s authority to sign checks is limited by the Board’s Standing Policies.

(b) Line-Item Budget. The Board annually shall adopt a line-item budget. Upon approval by the Board, the budget will be published in an official publication of the Bar as soon as practicable. The Association’s fiscal year is the calendar year.

(c) Regular Financial Statements. The Executive Director shall submit a financial statement at each regular meeting of the Board.