SECTION B – DUTIES
The annual budget estimate, prepared by the Committee on Budget and Finance, after its approval by the Council, shall be submitted to the Board of Trustees for its approval.
All resolutions or recommendations of the House of Delegates or Council pertaining to expenditures of money must be approved by the Board of Trustees before the same shall become effective.
Should the Board of Trustees disapprove of the expenditure of any funds voted for by the House of Delegates or the Council, then and in that event, the Board of Trustees shall return the matter to either the House of Delegates or the Council, if the House of Delegates is not in session, which may override such disapproval by a three-quarter vote and direct the expenditure of such funds. The Board of Trustees shall not vote on this issue at a meeting of the House of Delegates and the chairman of the Board of Trustees shall not vote on this issue at the Council.
The Board of Trustees shall make and execute all contracts for the Medical Society of the State of New York. The fiscal year shall begin January 1 and end December 31 of each calendar year.
All moneys of the Medical Society of the State of New York received by the Board of Trustees, Council, or any member or agent thereof, shall be paid to the treasurer of the State Society. The Board of Trustees shall approve the bond of the treasurer and the assistant treasurer as to amount, form, and surety, and shall employ a certified public accountant licensed by the State of New York to audit the accounts of the treasurer and secretary and other agents of the State Society and present a statement of the same in its annual report to the House of Delegates.
The chairman of the Board of Trustees shall make a report to the House of Delegates of its transactions for the year and of the amount of money belonging to the Medical Society of the State of New York under its control.
