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Risk Management - Hazing & etc. This forum covers Risk Management topics such as: Hazing, Alcohol Abuse/Awareness, Date Rape Awareness, Eating Disorder Prevention, Liability, etc.

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  #1  
Old 10-17-2017, 12:28 AM
naraht naraht is offline
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Originally Posted by aephi alum View Post
^ OK, apparently I was an active in the late Mesozoic Era. Four signatures for one check?? I didn't think banks were even set up for printing checks with four signature lines. Two, yes; four, where would you fit all the signature lines on something as small as a check??

(Of course, we're in different lanes here.)

Then again, I remember the days when checks were printed with a date line that read ___________, 19__. Changes can be made.

#getoffmylawn
Which of us above mentioned four signatures? I remember marking out 19 and replacing it with 20...
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  #2  
Old 10-17-2017, 08:54 PM
aephi alum aephi alum is offline
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Originally Posted by naraht View Post
Which of us above mentioned four signatures? I remember marking out 19 and replacing it with 20...
Maybe I misunderstood you. You said that checks "had to be signed by two out of three of the Chairman of the Advisory Committee, chapter President and chapter Treasurer." Two chairmen, one president, and one treasurer = 4 people.

I never actually had to do the "cross out 19 and write in 20 on the date line" thing. When I opened my first checking account, the checks did have 19's on the date line, but I closed that account in the late 1990s because I had moved and changed banks, so by the time the year 2000 arrived, I had checks with the current standard date line that doesn't specify a century.
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  #3  
Old 10-18-2017, 06:59 AM
ComradesTrue ComradesTrue is offline
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Originally Posted by aephi alum View Post
Maybe I misunderstood you. You said that checks "had to be signed by two out of three of the Chairman of the Advisory Committee, chapter President and chapter Treasurer." Two chairmen, one president, and one treasurer = 4 people.
Two out of the following 3 people:
-- Chairman of the Advisory Committee
-- Chapter President
-- Chapter Treasurer

NOT 2 out of 3 Chairman of the Advisory Committee, plus the others
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  #4  
Old 10-18-2017, 10:43 AM
naraht naraht is offline
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Quote:
Originally Posted by aephi alum View Post
Maybe I misunderstood you. You said that checks "had to be signed by two out of three of the Chairman of the Advisory Committee, chapter President and chapter Treasurer." Two chairmen, one president, and one treasurer = 4 people.

I never actually had to do the "cross out 19 and write in 20 on the date line" thing. When I opened my first checking account, the checks did have 19's on the date line, but I closed that account in the late 1990s because I had moved and changed banks, so by the time the year 2000 arrived, I had checks with the current standard date line that doesn't specify a century.
Person A: Chairman of the Advisory Cmte
Person B: Chapter President
Person C: Chapter Treasurer.
Pick 2. But I agree it could have been read the other way.

I'm in an even goofier situation now where my bank got taken over about 3 years ago and I'm still *successfully* using the checks that I got under the old name. (my account still uses the same routing number, so no one cares.
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Last edited by naraht; 10-18-2017 at 10:43 AM. Reason: agreement
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  #5  
Old 10-18-2017, 02:58 PM
dukedg dukedg is offline
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It has been my experience that while we require two signatures, the banks don't care and I don't think they look for that before paying out on a check. Of course, I've also been seeing banks paying on checks that are two+ years old even though they clearly say on the checks only valid for 6 months.
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  #6  
Old 10-18-2017, 10:22 PM
aephi alum aephi alum is offline
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Originally Posted by naraht View Post
Person A: Chairman of the Advisory Cmte
Person B: Chapter President
Person C: Chapter Treasurer.
Pick 2. But I agree it could have been read the other way.
Ah... I see. That makes a lot more sense. Thank you, and thank you ComradesTrue, for the clarification.
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