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Defined contribution <br /> <br />The books of the Secretary shall, at all times, be subject to inspection by any member of <br />the Association and by the public examiner of the State. <br /> <br />If requested by the Board of Trustees, the Secretary shall make a report, in wdting, <br />showing the names of all persons who have become or ceased to be members since <br />his/her last report, the names of all persons to whom benefits or pensions have been <br />paid and the amount paid to each, the amount of money received since his/her last <br />report and the source thereof, the amount of money paid out and expended during such <br />time and for what purpose, the amount of money on hand and where the same is <br />invested or deposited and such other information as shall show the general condition of <br />the Association. The Secretary shall turn over all monies received by him/her to the <br />Treasurer within a period of ten days and shall obtain a receipt. Prior to August 1 of <br />each year, the Secretary and Association Officers shall determine and file a report with <br />the City certifying the City's obligation to the Special Fund for the next calendar year. <br /> <br />SECTION 6. TREASURER'S DUTY <br /> <br />It shall be the duty of the Treasurer to receive and receipt for all monies belonging to the <br />Association and to disburse the same only by draft signed by two Board members and <br />the Treasurer of the Association; to keep a correct account in the books kept for that <br />purpose, of all monies received and disbursed by him/her; to keep a separate and <br />distinct account of the two funds of the Association and to prepare for and present to the <br />Board of Trustees at each regular meeting thereof and at such other times as the Board <br />shall direct, a complete and detailed statement in writing of the assets of the Association <br />and the amount belonging to each of the funds and to collect all interests on certificates <br />of deposit, bonds and other obligations held and owned by the Association. <br /> <br />The Treasurer shall deposit within ten days after receipt thereof to the credit of the <br />Association all money received by him/her in such bank or banks as shall be <br />designated by the Board of Trustees. <br /> <br />The Treasurer shall be the custodian of and responsible for the safekeeping of all bank <br />books, certificates of deposit, notes, bonds, securities and other obligations for the <br />payment of money belonging to or held in trust by the Association and shall deliver <br />same and all monies and all other properties in his/her possession belonging to the <br />Association to his/her successor in office or to any person or committee authorized to <br /> <br />RELIEF ASSN. BY-LAWS Page 3 <br /> <br /> <br />