Legal Question in Business Law in Indiana
I belong to a club which bylaws say the treasurer shall have access to all funds and the checking account can be signed by treasurer or president (only one signature). Shortly after I became treasurer and got both names so we could write checks if needed the chairman withdrew a sum and put it in a certificate in the club's name but only with his signature. I have NO access to this amount......don't know length or % and bank can give me no info since my name isn't on the account What can we do?
He lives in Oregon and made bylaws in that state and I live in Indiana. Money is in bank with offices in both states. Thanks for any help!
1 Answer from Attorneys
If your recitation of the facts is correct, the chairman (which I assume you mean to be president) is in violation of the bylaws. If he won't honor a request to abide by the rules, you need to consult with an attorney. You also need to determine whether the amount involved is worth the legal proceeding.
Related Questions & Answers
-
Is it legal for an employer to hold your paycheck if you do not consent to a... Asked 7/18/14, 1:03 pm in United States Indiana Business Law
-
What is the penalty for calling someone whose number you got through work if it's... Asked 7/15/14, 3:29 pm in United States Indiana Business Law
-
A consulting client recently asked to provide a service which we don't specialize... Asked 6/22/14, 7:40 am in United States Indiana Business Law
Looking for something else?
10,200 active attorneys ready to answer your legal questions today.
Featured Attorneys
Earn additional revenue and grow your business.
