Resolution 2018-09-10.mzh.1: Establishing additional SPI banks accounts

Martin Zobel-Helas zobel at spi-inc.org
Wed Sep 5 21:05:34 UTC 2018


Hi, 

On Wed Sep 05, 2018 at 15:16:31 -0400, Michael Schultheiss wrote:
> Martin Zobel-Helas wrote:
> > I'd like to propose the following resolution for the September meeting:
> > 
> > Resolution 2018-09-10.mzh.1: Establishing additional SPI banks
> > 
> > WHEREAS
> > 1. SPI's deposits on hand at its current banks are approaching the limit
> >    of FDIC insured funds.
> > 
> > THE SPI BOARD RESOLVES THAT
> > 
> > 1. The Treasurer is authorized to open new checking and savings accounts
> >    for Software in the Public Interest, Inc. at  additional banks to ensure
> >    SPI's balances are below the FDIC insurance limits.
> 
> I suggest replacing the above paragraph with:
> 
> 1. The Treasurer is authorized to open new checking, savings, and other
> accounts for Software in the Public Interest, Inc. (SPI) at additional
> financial institutions to meet the financial needs of SPI.

I accept this rewording.

Best regards,
Martin

-- 
 Martin Zobel-Helas <zobel at spi-inc.org>
 Software in the Public Interest, Inc. | Member of the Board of Directors
 GPG Fingerprint:  6B18 5642 8E41 EC89 3D5D  BDBB 53B1 AC6D B11B 627B 


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