Article VI: Executive Vice President & Treasurer

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ARTICLE VI
Executive Vice President & Treasurer

Section 1. In addition to the officers named in Article V, Section 1, there shall be the appointive offices of Executive Vice President and Treasurer of AQHA. These offices shall be filled by the Executive Committee by appointment of qualified individuals, the term of such appointment to be for a period of no greater than three years, with provision for termination of appointment for cause, which appointment may be renewed by the Executive Committee for successive three-year periods. Other provisions of said appointment, such as salary, shall be on such terms as the Executive Committee, at its discretion, may determine. The offices of Executive Vice President and Treasurer may be held by the same person.

Section 2. Duties of Executive Vice President and Treasurer

  1. Executive Vice President: The Executive Vice President is the chief operating officer of AQHA, and, pursuant to direction of the Executive Committee, shall implement the actions, decisions and directions of the Board of Directors and Executive Committee. The Executive Vice President shall be ex officio secretary of all committees appointed by the President or Board of Directors. The Executive Vice President shall make a report of his office to the Board of Directors when demanded and to the membership at the Annual Membership Meeting, and shall perform such other duties as may be prescribed by the Board of Directors from time to time.

  2. Treasurer: The Treasurer is the chief financial officer of AQHA, and, pursuant to direction of the Executive Committee, shall implement the actions, decisions and directions of the Board of Directors and Executive Committee. The Treasurer shall account for the financial condition of AQHA by presenting an independent audit of AQHA accounts at each Annual Membership Meeting and to the Board of Directors when demanded. Also, the Treasurer shall submit to the Executive Committee, at the first meeting following the Annual Membership Meeting, a detailed budget of the proposed and anticipated expenditures for the current fiscal year of AQHA. Upon approval of this said budget, or its modification, it becomes binding upon the officers of AQHA and cannot be exceeded in the total amount set forth by more than 10 percent without a majority vote of the Executive Committee.

Section 3. Surety Bonds: The Executive Vice President and the Treasurer and all other officers or employees of AQHA who may handle any funds of AQHA shall give a surety bond to be furnished at the expense of AQHA for the faithful discharge of his or her duties, if so required by the Executive Committee.

Section 4. Auditing of Accounts: AQHA shall conduct its affairs on the fiscal year basis, to begin October 1 and end September 30. An annual independent audit of the accounts of AQHA shall be made by a certified public accountant at the close of each fiscal year and shall be reported at the next Annual Membership Meeting following the close of such fiscal year. Such accountant shall be a disinterested person and not a member of AQHA.