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Corporation a bond in such sum and with such surety or sureties as the Board may <br />direct, conditioned upon the faithful performance of his/her duties to the <br />Corporation including responsibility for negligence and the accounting for all <br />property, moneys or securities of the Corporation which may come into his/her <br />hands. <br /> <br /> ARTICLE VII <br /> CONIqlTTEKS <br /> <br /> The Board of Directors may by resolution adopted by a majority of the <br />Directors, designate one or more committees. The committee's delegated <br />authority to make any management decisions relating to loan making and servicing <br />shall be subject to the same restrictions that apply to the Directors. Such <br />committee shall hsve at least five (5) Directors, meet monthly and have a quorum <br />of five (5). <br /> <br /> ARTICLE VIII <br /> <br /> STAFF <br /> <br /> Section 1: ~eneral. The Corporation shall at all times as specified and <br /> directed by the Bosrd of Directors make available a full-time professional staff <br /> as needed for carrying out the purposes of this Corporation. <br /> <br /> Section 2: Capability. The staff shall have the capability to package, <br /> process, closed and service small business financial assistance transactions <br /> which the Corporation may participate in while pursuing the purposes of the <br /> Corporation. <br /> <br /> The staff shall be available to receive visitors or respond to business <br /> matters over the telephone during normal business hours. <br /> <br /> The staff shall have the capability to provide management advice and <br /> services to small business concerns in the territory of the Corporation, which <br /> assistance, when provided, shall further the purposes of the Corporation. <br /> <br /> <br />