Constitution and Bylaws

Bylaws

Chapter V—The Treasurer

Section 1

The Treasurer shall oversee the receipt of all moneys coming from any source to the Pharmacopeial Convention and shall ensure that the payment of moneys is made only on the authorization of and in accordance with the procedures adopted by the Board of Trustees.

Section 2

The Treasurer shall present annually to the Board of Trustees an audited financial statement. The Treasurer shall present at the stated meeting of the Pharmacopeial Convention a complete financial statement for the period since the preceding stated meeting.

Section 3

The Treasurer shall be a member, ex officio, of the Board of Trustees.

Section 4

During any temporary disability or absence of the Treasurer, an Acting Treasurer may be appointed by the Board of Trustees to serve in place of the Treasurer.

Section 5

The Treasurer shall act as Treasurer until his or her successor shall have been elected and installed.

Section 6

No person shall be eligible for election as Treasurer if, at the adjournment of the stated meeting, he or she shall have served two successive elected terms as Treasurer.

Section 7

A vacancy in the office of Treasurer shall be filled by the Board of Trustees from the membership of the Convention.