Cash reserves are to be invested in such a manner as to assure the membership of a reasonable rate of return and acceptable level of security consistent with the organizational cash flow needs. The responsibility for investment of said funds shall reside with the Treasurer, with the concurrence of the Finance Committee.

Acceptable avenues of investment shall include savings accounts, savings certificates, Treasury Bills, money market funds and other such investments as may be approved in advance by the Treasurer and Executive Director. Investments which are fixed term in nature shall have terms consistent with the projected cash requirements of the organization.