3.0 Financial Year and Signing Authority, CYO By-laws (St Catharines CYO Minor Hockey)

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3.0 FINANCIAL YEAR AND SIGNING AUTHORITY

3.1 The financial year of the Corporation shall terminate on the 31st day of May in each year or on such other date as the directors may from time to time by resolution determine.

3.2 All cheques, drafts or orders for the payment of money, and all notes and acceptances, and bills of exchange shall require two signatures, one being that of the President and/or the Treasurer, and the other of any one director.

3.3 Subject to any resolution of the Corporation, contracts, documents or instruments in writing requiring the signature of the Corporation require two signatures, one being that of the President and the other of any one director. All contracts, documents and instruments in writing so signed shall be binding on the corporation without any further authorization or formality.