Collection › LCMS Convention Workbook (St. Louis, Missouri) › 1981 · 54th Convention › Page 68

LCMS Convention Workbook St. Louis, Missouri — 1981, Page 68

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68

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2.45 A Layman
The Treasurer shall be a layman.

2.47 General Duties

The Treasurer shall administer his office in ac-
cordance with the rules and regulations adopted by
the Synod and as directed by the Synod’s Board of
Directors. He shall receive and disburse the Synod’s
moneys and keep accurate account of them under
instructions of the Board of Directors.

2.51 As Depositary

The Treasurer shall act as the depositary for all
funds in the hands of the Synod’s boards, commis-
sions, officers, and employees who by virtue of their
office act as custodians or trustees of such funds.

2.61 Missouri Synod Foundation

The above sections 2.45 to 2.59 shall not apply to
the office of the treasurer of The Lutheran Church—
Missouri Synod Foundation, a subsidiary corporation
of The Lutheran Church—Missouri Synod, nor to the
funds, devises, bequests, legacies, endowments,
foundations, annuity gifts, investments, and trust
funds of The Lutheran Church—Missouri Synod
Foundation.

2.53 As Trust Officer

a. The Treasurer shall be ex officio the Trust
Officer of the Synod.

b. He shall keep on file a correct list of all devises
and bequests which directly or indirectly have been
given to the Synod. In such list there shall be recorded
the name of the testator, the amount of money or the
real estate (including description) devised or be-
queathed, the stipulations of the will, if such have
been made by the testator, and the name of the
executor or executors. New legacies and bequests
made to the Synod, to its institutions and for any of
its activities, shall be reported to the Treasurer as
soon as possible.

2.59 Fireproof Vaults

The Synod’s books and records and its non-nego-
tiable securities shall be deposited in fireproof vaults
provided by the Synod.

2.57 Safe-Deposit Boxes

The Treasurer shall rent such adequate safe-
deposit boxes in the name of the Synod as may be
approved by the Board of Directors. The Synod’s
bonds and other negotiable securities shall be stored
in such boxes. Access to these boxes shall be regulated
by the Board of Directors.

2.53
c. He shall at every convention of the Synod

p. (Same as present 2.39 1)

2.143 Vacancy
(Same as present 2.41)

4, The Treasurer
2.161 Appointment

The Treasurer, who shall be a layperson, shall be
appointed by the Board of Directors in consultation
with, and subject to the approval of, the President of
the Synod. The term of office shall be for a period of
three years, with no limitation of reappointment to
successive terms. The term shall begin on Jan. 1
following the election of the President.

2.163 General Duties

The Treasurer shall administer his office in ac-
cordance with the rules and regulations adopted by
the Synod and as directed by the Synod’s Board of
Directors. The Treasurer shall receive and disburse
the Synod’s moneys and keep accurate account of
them under the instruction of the Board of Directors.
He shall be ex officio a nonvoting member of the
Board of Directors.

2.165 Specific Duties

The Treasurer shall—

a. act as the depositary for all funds in the hands
of the Synod’s boards, commissions, officers, and
employees who by virtue of their office act as custo-
dians or trustees of such funds;

b. be the Trust Officer of the Synod, in which
capacity he shall be a voting member of the boards of
the Lutheran Church—Missouri Synod Foundation,
the Lutheran Church Extension Fund—Missouri
Synod, and the Worker Benefit Plans, and shall
function under their respective policies as well as
those of the Board of Directors of the Synod;

c. keep on file a correct list of all devises and
bequests which directly or indirectly have been given
to the Synod. In such list there shall be recorded the
name of the testator, the amount of money or the real
estate (including description) devised or bequeathed,
the stipulations of the will, if such have been made by
the testator, and the name of the executor or executors.
New legacies and bequests made to the Synod, to its
institutions and for any of its activities, shall be
reported to the Treasurer as soon as possible.

d. rent adequate safe-deposit boxes in the name of
the Synod as may be approved by the Board of
Directors for the safekeeping of bonds and other
negotiable securities, with access to these boxes
regulated by the Board of Directors;

e. report regularly to the Synod through the of-