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treasurer questiom

22 years 11 months ago #56225 by ncpto
Replied by ncpto on topic RE: treasurer questiom
We don't, and never had to my knowledge our Principal authorized to sign PTO checks. Our Principal is a Board Member, but only the President and Treasurer are allowed to sign checks from PTO (we've had past trouble...).
22 years 11 months ago #56224 by JHB
Replied by JHB on topic RE: treasurer questiom
We have the same philosophy, but there was a similar post awhile back and some organizations are strongly opposed to having the Principal on the account. In our case, like those above, the Principal is an authorized signer, and frequently provides the second signature. It's a matter of convenience and consistency. (And the Principal is a Board Member.) However, we (i.e., the treasurer) control the account and physically keeps the checkbook.

The principal doesn't initiate any checks except in very rare circumstances when we have asked him to. (i.e., he filled in once when the treasurer was on vacation, and we knew we had something arriving at school that needed a check. And last year we had some limbo period when we elected new officers and there was a delay getting the new names on the account.)
22 years 11 months ago #56223 by Chrystal70
Replied by Chrystal70 on topic RE: treasurer questiom
Our PTO has the principal on our signature card as well as President and Treasurer. We also require two signatures to sign each check. We have found that many times he is easiest to track down when a signature is needed.
22 years 11 months ago #56222 by kevron
Replied by kevron on topic RE: treasurer questiom
We do have the principal on our signature card but only use him as a last resort.
we still require 2 signatures though, we do this because he is more or less a constant throughout the year and can be helpful in a tight spot
22 years 11 months ago #56221 by kevron
Replied by kevron on topic RE: treasurer questiom
We do have the principal on our signature card but only use him as a last resort.
we still require 2 signatures though, we do this because he is more or less a constant throughout the year and can be helpful in a tight spot
22 years 11 months ago #56220 by steve
treasurer questiom was created by steve
Is the principal suspose to sign on the pto account. I thought this was not to be so. I need to get this info asap.
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