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mayappointdirectorstoanyothercommitteesasaredeemednecessarytoperformanyfunctionsof <br />theCorporation. <br />Section8.Themeetingsandactionsofeachcommitteeshallbegovernedby,noticed,heldand <br />takeninaccordancewiththeprovisionsofthesebylawsconcerningmeetingsoftheBoard,withsuch <br />changesinthecontextofsuchbylawprovisionsasarenecessarytosubstitutethecommitteeandits <br />membersfortheBoardanditsmembers,exceptthatthetimeforregularmeetingsofcommitteesmay <br />befixedbyresolutionoftheBoardorbythecommittee.Thetimeforspecialmeetingsofcommittees <br />mayalsobefixedbytheBoard.TheBoardmayalsoadoptrulesandregulationspertainingtothe <br />conductofthemeetingsofcommitteestotheextentthatsuchrulesandregulationsarenot <br />inconsistentwiththeprovisionsofthesebylaws. <br />ArticleVI <br />Funds <br />Section1.Allmembershipdues,gifts,bequests,subscriptions,anddonationstotheCorporation <br />willbemadeouttotheLouisvilleHistoricMuseumFoundation.Suchfundsmaybedepositedin <br />depositoryinstitutionsorinstitutionsdeemedprudentbyamajorityofBoardofDirectors. <br />Section2.Allchecks,drafts,otherordersforpaymentofmoney,notes,orotherevidenceof <br />indebtednessissuedinthenameoftheCorporationshallbesignedbytheTreasurerorotherBoard <br />membersodesignatedtosign,subjecttoapprovaloftheBoardofDirectors.Checksorother <br />expendituresof$500orgreatershallrequirethesignatureoftwoauthorizedpersons;theChairand <br />anotherBoardmemberwhoisgivensignatureauthority. <br />Section3.IncasetheCorporationceasestoexist,allassetsoftheCorporationremainingafter <br />paymentofdebtsshallbedistributedbytheBoardofDirectorstoitssuccessorsoranotherinstitutionor <br />institutionssharingsimilargoalsandpurposes.Atnotime,indissolutionorduringtheoperationofthe <br />Corporation,shallanyassetsorearningsoftheCorporationinuretothebenefitofanyofficerordirector <br />oftheCorporation. <br />Section4.TheBoardofDirectorsmayadoptinvestmentandspendingpoliciesorguidelinesasthe <br />Boarddeemsappropriate. <br />ArticleVII <br />NoticesandWaivers <br />Section1.Whenevernoticeisrequiredtobegiventoanyperson,suchnoticemaybegivenin <br />writing,bymail,includingelectronicmail,addressedtosuchpersonatsuchaddressasappearsonthe <br />booksoftheCorporation,andsuchnoticeshallbedeemedtobegivenatthetimewhenthesameshall <br />bethusmailed. <br />Section2.Actionstakenatameetingthatwasimproperlynoticedshallbeasvalidasifhaving <br />takenplaceatameetingregularlycalledandnoticed,providedthataquorumwaspresentatsuch <br />4 <br />