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202505976 <br />The Vice President shall take the place of the President and perform his/her duties <br />whenever the President shall be absent or unable to act. If neither the President nor the <br />Vice President is able to act, the Board of Administrators shall appoint some other <br />member of the Board of Administrators to act in place of the President, on an interim <br />basis. The Vice President shall also perform such other duties as shall from time to time <br />be imposed upon him/her by the Board of Administrators or by the President. <br />Section 6. Secretary. <br />The Secretary shall take the minutes of all meetings of the Association and of the <br />Board of Administrators, and shall keep same at the principal office of the Association <br />unless otherwise instructed by the Board of Administrators; he shall have charge of such <br />books and papers as the Board of Administrators may direct; and he/she shall, in general, <br />perform all the duties incident to the office of secretary of a nonprofit corporation <br />organized under the laws of the State of Nebraska. <br />Section 7. Treasurer. <br />The Treasurer shall have the responsibility for Association funds and securities <br />and shall be responsible for keeping full and accurate financial records and books of <br />account showing all receipts and disbursements, and for the preparation of all required <br />financial data. He/she shall be responsible for the depository of all monies and other <br />valuable effects in the name of the Board of Administrators, or the managing agent, in <br />such depositories as may from time to time be designated by the Board of Administrators, <br />and he/she shall, in general, perform all the duties incident to the office of treasurer of a <br />nonprofit corporation organized under the laws of the State of Nebraska. <br />Section 8. Compensation. <br />Compensation of officers shall be fixed by the Board of Administrators and shall <br />be reasonable compensation considering the duties of the office. Any Administrator who <br />is also an officer shall not have a vote in the setting of compensation for the office or <br />offices held by said Administrator. <br />Section 9. Agreements, Contract, Etc. <br />All agreements, checks, contracts and other instruments shall be signed by two <br />officers of the Association or by such other person or persons as may be designated by <br />the Board of Administrators. <br />ARTICLE V. BUDGET AND ASSESSMENTS <br />Section 1. Budget. <br />9 <br />