By-Laws of Market Center Association, Inc.

Article I | Article II | Article III | Article IV | Article V | Article VI | Article VII | Article VIII | Article IX | Article X

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ARTICLE VI
BANK ACCOUNTS
Section1. Bank Accounts. Such Officers or agents of the Association as from time to time shall be designated by the Board of directors shall have authority to deposit any funds of the Association in such banks or trust companies as from time to time shall be designated by the Board of Directors. Such Officers or agents of the Association as from time to time shall be authorized by the Board of directors may withdraw any or all of the funds of the Association so deposited in any bank or trust company, upon checks, drafts or other instruments or orders for the payment of money, drawn against the account or in the name or behalf of the Association, and made or signed by such Officers or agents; and each bank or trust company with which funds of the Association are so deposited is authorized to accept, honor, cash and pay, without limit as to amount, all check, drafts or other instruments or orders for the payment of money, when drawn, made or signed by the Officers or agents so designated by the Board of Directors until written notice of the revocation of the authority of such Officers or agents by the Board of Directors shall have been received by such bank or trust company. From time to time there shall be certified to the banks or trust companies in which funds of the Association are deposited, the signatures of the Officers or agents of the Association so authorized to draw against the same. In the event that the Board of directors shall fail to designate the persons by whom checks, drafts and other instruments or orders for the payment of money shall be signed, as hereinabove provided in this Section, all of such checks, drafts and other instruments or orders for the payment of money shall be signed by two officers of the Association.




Bylaws 2009 version 4/22/09