SIGNING AUTHORITY: There are at least three kinds of "signing authority" that may often be confused:
- The bank has a concept of who has signing authority on the club's bank account. This is (present practice) the President, VP, Treasurer, and Secretary, with two of those signatures needed to make a cheque valid.
- FEDS has a concept of "signing authority", which is supposed to be the two people (exactly two) who have authority to sign FEDS documents for the club and withdraw money from the FEDS "club account" which we don't appear to actually have because we have our own separate bank account.
- There is a concept of "signing authority" for contracts and documents described in section 3.13 of our constitution, which also appears to describe the bank cheque-signing authority mentioned above. The claim has been made that this raises issues for things like the FEDS Event Form, and that general meetings need to make a whole bunch of extra resolutions to hand out signing authority for those forms to be signed. My (Matt Skala's) position is that that kind of special authority is only meant to be for things like creating the FEDS Agreement and isn't a hinderance to our general operations.