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Defined contribution approved by the membership at their Annual Association Meeting. Administrative expenses incurred by Board members in fulfilling their administrative responsibilities shall be paid from the Special Fund. SECTION 2. POWERS OF THE BOARD OF TRUSTEES The Board of Trustees shall have exclusive control al~d management of all funds received by the Association and shall constitute the governing body of said Association with full power and authority to carry out the objectives and purposes of the Association and pursuant to the laws of the State of Minnesota. A quorum for the Board of Trustees shall be two-thirds of its membership. All applications for relief or benefits shall be presented to the Secretary of the Association for action by the Board of Trustees. Such applications shall be made in the form and manner required by the Board. SECTION 3. PRESIDENT'S DUTY It shall be the duty of the President to preside at all meetings of this Association, to sign checks for the payment of benefits, expenses and investments authorized by the By- laws, Board of Trustees or properly voted by the Association, to sign all certificates and notices as may require his/her signature to authenticate them, and to have general supervision over the Association. SECTION 4. VICE PRESIDENT'S DUTY It shall be the duty of the Vice President to assist the President and in his/her absence to officiate for him/her. SECTION 5. SECRETARY'S DUTY It shall be the duty of the Secretary to keep a correct record of all the meetings of the Association and of the Board of Trustees and of all business transacted by the Association; to keep a list of all members of the Association, showing the date when each person became and ceased to be a member; and to keep a correct record of all monies received and disbursed by the Association. RELIEF ASSN. BY-LAWS Page 2