WHEREAS, for the purposes of renting vehicles and reserving hotel rooms and making airline reservations most businesses are requiring a credit card or a debit card, and
WHEREAS, recognizing the need for fiduciary responsibility and accountability, credit or debit transactions should have to go through the same vetting process as checks, and
WHEREAS, a requisition should be required and transactions should be authorized during Executive Committee meetings, and
THEREFORE, BE IT RESOLVED, that the President and CEO and the Chief Financial Officer of the National Association for the Advancement of Colored People shall review the Association's current policies concerning credit or debit transactions for the purpose for securing hotel reservations and airline tickets and online service providers; and
BE IT FINALLY RESOLVED, that the Finance Department shall develop and distribute appropriate guidance for the use of Credit and Debit Cards by the Units for the Association no later than January 1, 2008.