Sec. 1. The Treasurer shall have custody of all corporate funds and securities and shall keep in books belonging to the Association full and accurate accounts of all receipts and disbursements; he shall deposit all monies, securities and other valuable effects in the name of the Association in such depositories as may be designated for that purpose by the Board of Directors. He shall disburse the funds of the Association as may be ordered by the Board, taking proper vouchers for such disbursements, and shall render to the President and to the Board of Directors at its regular meeting, and whenever requested by them, an account of all his transactions as treasurer and of the financial conditions of the Association.

Sec. 2. The Treasurer may delegate any or all of his duties to the Executive Manager, except as may be otherwise provided by the Board of Directors.

Sec. 3. All checks, drafts and orders for payment of money shall be signed in the name of the Association in such manner and by such officers or the Executive Manager as the Board of Directors shall from time to time designate for that purpose.

Sec. 1. An Executive Manager shall be employed by the Board of Directors. He shall receive such salary and other compensation and benefits as may be determined by the Board of Directors from time to time.

Sec. 2. The Executive Manager shall keep a record of all the member carriers participating in the tariffs published by the Association, and shall keep a ledger account of the dues and assessments and shall invoice members when any such amounts are due. All money shall be paid to the Association through the Executive Manager, who will credit such amounts to the account of the member making the payments and will deposit such monies with the Treasurer or in a bank, as determined by the Board of Directors, mailing duplicate deposit slips to the Treasurer.

Sec. 3. The Executive Manager shall attend al meetings of the Association and of the Board of Directors, both regular and special, and shall keep in a book suitable for that purpose complete minutes of the proceedings of the Association and said Board. He shall also attend all meetings of committees of the Association and record the minutes of such meetings. He shall further have charge of all books, records, documents and papers which belong to the Association, and shall from time to time issue bulletins to the various members of the Association of the proceedings of the Association and of the Board of Directors, and of such other information as may be, in the judgment of the Board of Directors or President, of general interest to its members of the Association. The books, records, documents and papers of the Association in his custody shall be open for inspection by any member of the Association during normal business hours.

Sec. 4. The Executive Manager shall give, or cause to be given, notice of all meetings of the Association, the Board of Directors and committees of the Association for which notice is required, and shall perform such other duties as may from time to time be delegated to him by the Board of Directors, President, Secretary or Treasurer of the Association.

Sec. 1. The annual dues and any assessments shall be determined by the Board of Directors and submitted to the annual meeting of the members each year for approval.

Sec. 2. Each Active and Associate Member shall pay the annual dues and any assessments as approved at the annual membership meeting, on or before December 1 of each year.

Sec. 1. The Association shall purchase a bond in an amount determined by the Board of Directors, to cover all persons or employees handling funds or valuable documents of the Association.

Sec. 1. The rules contained in Robert's Rules of Order Revised, shall govern this Association in all cases to which they are applicable, and in which they are not inconsistent with these By-Laws.

Sec. 1. These By-Laws may be amended, altered, changed, added to or repealed by an affirmative vote of a majority of the Active Members of this Association present at a meeting held for that purpose. Any alteration, change addition, amendment or repeal of these By-Laws may be proposed by an Active Member by written request or at a regular or special meeting of the membership provided that there be a quorum of the membership present at such meeting and provided further that written notice of said meeting setting forth the proposed change of these By-Laws is mailed to each Active Member not less than ten (10) days before such meeting.