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CANADIAN ASSOCIATION OF
PHYSICAL MEDICINE AND REHABILITATION
Signing Authority
Effective Date: Feb. 2, 2004 Approved by: Executive Feb. 2, 2004
Background
The Association maintains appropriate records of financial
transactions and business accounts. While the Executive is the legal authority
of the Association, Executive members are not individually able to contract with
external agents on behalf of CAPM&R, or sign on behalf of CAPM&R as per the
Association's by-laws.
From time to time, the CAPM&R Secretariat may need to
acknowledge receipt of materials, make expenditures on behalf of CAPM&R to
replenish supplies for CAPM&R's office, and incur minor costs of a similar
nature.
Policy
Secretariat
The Association permits the CAPM&R Secretariat to have
signing authority for expenditures on CAPM&R's behalf up to the amount of $5,000
without requiring prior approval of a CAPM&R Executive member. Any proposed
expenditures on behalf of CAPM&R over $5,000 must be approved by a signing
officer of the Executive.
Executive Member
The Association may permit a CAPM&R Executive member to sign a preliminary
contractual agreement for an expenditure on behalf of CAPM&R only when:
- CAPM&R's Executive has designated the authority to enter
into a specific contractual agreement to this specific Executive member
- CAPM&R's Executive have examined and approved the contract
- The Executive member is acting as CAPM&R's local agent
- The agreement/contract is approved by CAPM&R's President
and one other signing officer by signature.
Corporate Liaison Officer
The Association permits the Corporate Liaison Officer to enter into negotiations
for standard CAPM&R business agreements/contracts as its designated agent. The
Corporate Liaison Officer does not hold signing authority for CAPM&R. All
business agreements must be signed by CAPM&R's President and one other signing
officer in order to be valid.
From time to time, CAPM&R may wish to issue a press release,
arrange a press meeting, or similar items. The Corporate Liaison Officer may
proceed to enter into these arrangements on instruction by the Executive.
Preliminary estimates of such item costs to CAPM&R must be approved by CAPM&R's
President prior to execution. In matters such as these, the Corporate Liaison
Officer is deemed to act as CAPM&R's agent and may sign prerequisite documents
pertaining to the approved specific item.
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