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IPHC Church Manual - Extension Loan Fund

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Bylaws<br />

Article III. Organizational Structure – Local <strong>Church</strong>es<br />

3) Treasurer<br />

a) Overview<br />

Senior Pastor, on the forms required by the<br />

Conference. Failure to comply shall be<br />

grounds for dismissal as secretary.<br />

The treasurer has the responsibility for<br />

maintaining the official financial records of the<br />

church and providing periodic financial reports.<br />

When necessary, the treasurer serves as the<br />

chief financial officer of the church.<br />

b) The Authority and Duties of the Treasurer<br />

(1) The treasurer shall keep an accurate<br />

record of all receipts, accounts, and<br />

disbursements of monies.<br />

(2) Two persons shall be appointed to count<br />

and record all offerings received by the<br />

local church.<br />

(3) The treasurer shall deposit all monies of<br />

the local church in a bank in the name of<br />

the church.<br />

(4) The treasurer shall disburse funds as<br />

authorized by the Senior Pastor, church, or<br />

Local <strong>Church</strong> Administrative Council. All<br />

expenditures shall be properly<br />

documented.<br />

(5) The treasurer shall provide monthly<br />

financial statements, accompanied by the<br />

most recent bank statement, to the Senior<br />

Pastor and Local <strong>Church</strong> Administrative<br />

Council. Failure to comply shall be grounds<br />

for dismissal as treasurer.<br />

139

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