CORRESPONDENCE_2003 - Laserfiche WebLink

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RESOLUTION REGARDING LICENSES ETC The Secretary informed the Board of Directors that it may be necessary for the Corporation to obtain governmental authorization, qualification and permission to engage in its business. Upon a motion duly made and seconded,the Board of Directors unanimously RESOLVED,that the appropriate officers and employees of this Corporation be authorized and directed to make such applications and comply with such laws,regulations and rules as are necessary and appropriate for the Corporation to obtain any and all permits, licenses, authorizations and certificates (whether issued by federal, state, county, city or any other governmental agency) as may be necessary or appropriate for the Corporation to engage in its business in the State of California, in compliance with all relevant laws,regulations and rules. RESOLUTION DESIGNATING BANK FOR DEPOSIT OF FUNDS The Chief Financial Officer informed the Board of Directors that it would be necessary to select a depository for the funds of the Corporation. Upon a motion,the following resolutions were adopted: RESOLVED, that the funds of the Corporation shall be deposited with Union Bank of California located in Modesto, California; RESOLVED FURTHER, that any officer of the Corporation is authorized to endorse checks, drafts or other evidences of indebtedness made payable to the Corporation,but only for the purpose of deposit; and RESOLVED FURTHER, that all checks, drafts and other instruments obligating the Corporation to pay money, including instruments payable to officers or other persons authorized to sign them, shall be signed on behalf of the Corporation by any one of the officers of the Corporation. Also,the Board of Directors unanimously RESOLVED, that the President and the Secretary of the Corporation, acting together, are authorized: (a) To designate one or more banks,trust companies, or other similar institutions as depositories of the funds, including without limitation, cash and cash equivalents of this Corporation; (b) To open, keep and close general and special bank accounts, including general deposit accounts,payroll accounts and working fund accounts with any such depository; (c) To cause to be deposited in such accounts with any such depository, from time to time, such funds, including without limitation, cash and cash equivalents of this Corporation as such officers deem necessary or advisable, and to designate or change the designation of the officer or officers and agent or agents of this Corporation who will be authorized to make such deposits and to endorse checks,drafts or other instruments for such deposit; (d) From time to time to designate or change the designation of the officer or officers and agent or agents of this Corporation who will be authorized to sign or countersign -4-