Article X Contracts

10.01 DELEGATION

The Board, except as otherwise provided in these by-laws, may authorize any Board member or other agent to enter into any contract or execute and deliver any instrument in the name of and on behalf of the Caucus. Such authority must be given in writing or recorded in the minutes of the meeting in which the vote to grant such authority took place. Such authority may be general or confined to a specific instance, and unless so authorized by the Board, no Board member or agent shall have any power or authority to bind the Caucus by any contract or engagement, or to pledge its credit, or render it liable for any purpose or any amount. Caucus members must be made aware of any such contracts or instruments at the next regularly scheduled general membership meeting following the vote, to include the name of the parties and the amount of the contract. The contract must be made available for review by any member in good standing upon request with reasonable advance notice.

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