Article VI – Contracts, Checks & Deposits

Section 1. Contracts

Except as otherwise provided in these bylaws, the directors may authorize any officer or officers, agent or agents to enter into any contract or execute and deliver any instrument in the name and on behalf of the Cooperative, and such authority may be general or confined to specific instances.

Section 2. Checks, Drafts, Notes & Other Evidence of Indebtedness

All checks, drafts or other orders for the payment of money, and all notes, bonds or other evidence of indebtedness issued in the name of the Cooperative shall be signed by such officers or employees of the Cooperative and in such manner as shall from time to time be determined by resolution of the directors.