HomeMy WebLinkAbout00 091 Bank Sign Authorities
THE CORPORATION OF THE MUNICIPALITY OF KINCARDINE
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BY-LAW
NO. 2000 - 91
BEING A BY-LAW TO APPOINT SIGNING OFFICERS
FOR THE MUNICIPAL BANK ACCOUNTS
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WHEREAS the Municipal Act R.S.O. 1990 c. M.45 Section 79 sets out
regulations for signing cheques.
AND WHEREAS we wish to appoint signing authorities for various bank
accounts.
NOW THEREFORE the Council for The Corporation of the Municipality of
Kincardine ENACTS as follows:
1. The signing officers on the general chequing bank account shall be one of
the Mayor or Deputy Mayor and one of the Treasurer or Chief
Administrative Officer.
2. The signing officers on the payroll chequing bank account shall be one of
the Treasurer or Chief Administrative Officer.
3.
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5.
Inter-account transfers between the payroll, reserve funds or trust funds
bank accounts and the general chequing bank account shall be made by
one of the Treasurer or Chief Administrative Officer.
This by-law shall come into full force and effect on its final passing.
This by-law may be cited as the "Bank Signing Authorities, By-law".
READ a FIRST, SECOND, and a THIRD time and DEEMED TO BE PASSED
this 12111 day of July, 2000.
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Mayor
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