Section 1: Fiscal Year.The fiscal year of the corporation shall be June 1 through May 30.
Section 2: Budget Approval. Adoption of the budget shall require a 2/3 vote of the entire of the members of the Board of Directors.
Section 3: Disbursement & Payments. All requests for funds in excess of $500, not budgeted, and all requests for any chamber event where gross expenses may exceed $500, not budgeted, must be approved at a meeting of the Board of Directors by a majority present. All payments must be made by check or bank draft with not less than the signature of two (2) executive directors or, by two (2) officers if those powers have been delegated to officers