Section 1—Fiscal Year

The fiscal year of the Society shall be the calendar year.

Section 2—Fiscal Authority

The Board may receive by devise, bequest, donation, or otherwise, either real or personal property or both, and hold the same absolutely or in trust, and invest, reinvest, and manage the same, and apply said property and the income arising therefrom to the purposes of the Society except where restricted by these Bylaws.

Section 3—Funds

The Board may establish and maintain designated funds as set forth in Board policy.

Section 4—Annual Budget

The Board shall adopt a budget each fiscal year.

Section 5—Non-Compensation

No Officer, Officer-elect, or Director-at-large shall receive compensation for services rendered while acting in their capacity as a member of the Board. Travel expenses personally incurred by a Board member attending to the business of the Society shall be paid by the Society in accordance with rules and procedures adopted by the Board.

Section 6—Annual Financial Report and Audit

The Board shall appoint an independent Certified Public Accountant to audit the financial records of the Society and submit an annual audit report. An annual financial report shall be published by the Board.

Section 7—Deficit Financing

No financial obligation in excess of funds available in the treasury shall be assumed by the Board or by any Officer on behalf of the Society except when approved by two-thirds of all voting members of the Board.

Section 8—Legal Counsel

The Board may designate general legal counsel to advise in the affairs of the Society.

Section 9—Indemnification

Every Board member, employee of the Society, and such others as specified by the Board shall be indemnified by the Society against all expenses and liabilities, including counsel fees, reasonably incurred or imposed upon them in connection with any proceeding to which they may be a party or in which they may become involved, by reason of being or having been a Board member or employee of the Society, or any settlement thereof, whether the person is a Board member or employee at the time such expenses are incurred, except in such cases wherein the Board member or employee is adjudged guilty of willful misfeasance or malfeasance in the performance of duties. The foregoing right of indemnification shall be in addition to, and not exclusive of, all other rights to which the indemnified may be entitled.


ATTENTION! BEWARE OF HOUSING POACHERS!

The Society for American Archaeology (SAA) has learned of a company that is attempting to do business with SAA exhibitors and attendees by soliciting them for sleeping rooms in regard to the SAA Annual Meeting. The SAA does not endorse booking hotel reservations via another company or source. The only authorized sources for making hotel room reservations for the annual meeting is the SAA website and with the hotel directly.

If you receive any solicitations either via email or telephone from other third parties/vendors incorrectly identifying themselves as an official SAA housing representative or member of exhibition services, we ask that you please delete the message immediately, ignore any further requests, and contact the SAA’s executive director immediately at +1 (202) 559-4580.