The Treasurer shall have charge of the funds, receipts and disbursements of
the association. He/she shall keep all moneys and other valuables of the association in
such banks as the Board of Trustees may designate. He/she shall keep and have charge
of the books of accounts. He/she shall also perform such other duties and functions as
may be assigned from time to time by the Board of Trustees. He/She shall post a bond
in such amount as may be fixed by the Board of Trustees. He/She may delegate some of
his duties and responsibilities to a senior officer of the management staff or any
member of the Board of Trustees.