The Unitarian Universalist Community Church of Santa Monica

Savings and/or Investment Accounts - Establishment and Signatories

Approved by the Board of Directors July 11, 2006

RESOLVED that the Administrator or the Treasurer is hereby authorized to establish and to terminate savings and/or investment accounts in the name of the Unitarian Universalist Community Church of Santa Monica in such banks, savings and loan associations, brokerage firms, or other investment organizations as she/he may deem necessary or prudent, subject to policy direction from the Finance Committee and/or the Board of Directors.

For each of such accounts, the individuals authorized to place investment orders, subject to policy direction from the Investment Committee and/or the Finance Committee, shall be the Administrator and the Treasurer. Orders to transfer any or all of the assets to another account in the name of the Church may be placed by the Administrator, the Treasurer, or Warren E. Mathews. Checks on, or orders to withdraw any or all of the assets from, such accounts shall be signed by any two of the Administrator, the President, the Treasurer, and Warren E. Mathews.

Any resolutions required by the financial institution involved, pertaining to the establishment of such accounts and the authorization of transactions therein, are hereby incorporated by reference into this resolution and are adopted verbatim as though they had been considered separately and individually.

This resolution supersedes the similar resolution adopted by the Board of Directors on 12/9/03.

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