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tent basis , an appropriate accountina system for the <br /> The Board loa rd sha 1 cause the records and bocks acco1j n,{_ <br /> corporation to be audited at least once i n each fiscal -i ea r any a <br /> such other times as it may deem necessary:- cr apprcpriate any -nav <br /> retain such person or firm for such purposes as it may deem appro- <br /> priate . <br /> Section 6. 4 . Fiscal Year. The fiscal year of thero�ra- <br /> t ion shall be determined by the Board of Iii reo tors . + <br /> Section 6.5+ Checks Drafts and Other Matters. All checks , <br /> drafts, or other orders for the payment of bonds , or 0 t.her <br /> evidences of indebtedness issued in the this corporation shall. �e <br /> signed by such officer or officers , agent or agents , emp lcv;ee <br /> employees of the corporation and in such manner as may f rcm <br /> time be determined by resolution of the Board of Directors . <br /> ARTICLE VII <br /> INDEMNIFICATION <br /> Section 7. 1 . In General . Subject to Lett ion 7 . !-;ereof , � 4� <br /> corporation shalt indemnify* each person who is or was a direpter �r <br /> off; cer of the corporation or a member of any committee apoc�r tee <br /> by the Board of Directors Logether with each person who is or ojas <br /> serving the corporation as an appointed representative to somea <br /> other corporation or entity, for actions taken and decisions made <br /> by such persons on behalf of this corporation, to the full eter:ti <br /> required by the laws of the State of Minnesota . The corps r a t i^.. <br /> may provide and maintain insurance on behalf of any person sc <br /> indemnified . <br /> Section 7. 2. Limitation on Indemn i f i ca t i on. I n e m n f i c a <br /> pursuant to Section 7 . 1 hereof shall be for the sole and e c l us i' e <br /> benefit of the persons expressly identified therein{ and no other <br /> person, corporation oL legal entity of whatever nature shall have <br /> any rights thereunder by wad- of voluntary or involuntary assign- <br /> ment , subrogation, or otherwise. <br /> ARTICLE VIII <br /> AMENDMENTS <br /> Section 8. 1. Adoption by Board of Directors. The rose d�I V- <br /> for amendment of these Bylaws shall be as follows : <br /> (a ) an amendment may be adopted at an'.- meeting of <br /> the Board of Directors ; <br /> (b) notice of the meeting , stating the purpose ard <br /> including therewith a copy* of the proposed amendment , <br /> shall be given to each director - and <br /> 8 <br />