Section 17.1. Contracts.
Except for such as are to be executed by the Executive Vice President, the Board of Regents may authorize any officer or officers, agent or agents, to enter into any contract or to execute and deliver any instrument in the name of and on behalf of ICAB, and such authority may be general or confined to specific instances
Section 17.2. Loans.
No loans (not requiring action by Member Organizations) shall be contracted on behalf of ICAB and no evidence of indebtedness shall be issued in the name of ICAB unless authorized by a resolution of the Board of Regents.
Section 17.3. Checks, Drafts, etc.
All checks, drafts or other orders for the payment of money, notes or other evidences of indebtedness issued in the name of ICAB shall be signed by such ICAB officer or officers, agent or agents, in such manner as shall from time to time be determined by these Bylaws or by resolution of the Board of Regents.
Section 17.4. Amended and Restated Bylaws.
These amended and restated bylaws are referred to herein as the Bylaws.
Section 17.5. Deposits.
All funds shall be deposited from time to time to the credit of ICAB in such banks, trust companies or other depositories as the Board of Regents may authorize.
Section 17.6. Seal.
The Board of Regents shall provide a corporate seal which shall be in the form of a circle and shall have inscribed thereon the name of ICAB and the words "Corporation Seal, Illinois".
Section 17.7. Singular Shall Include Plural.
In all instances where the context so requires the singular shall include the plural.
Section 17.8. Ex Officio.
When the term "ex officio" is used in these bylaws, it means, in part, that the person who is "ex officio" shall not be entitled to vote.
Section 17.9 Robert's Rules of Order.
The rules contained in the latest revised edition of Robert's Rules of Order in effect at the time the meeting is held shall govern the conduct of all ICAB meetings where they are applicable and are not inconsistent with the Bylaws or Illinois law.