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Attachment A <br />member of the Association; <br />e. For the payment of the fees, dues and assessments to the <br />Minnesota State Fire Department Association and to the State <br />Volunteer Firefighters Benefit Association in order to entitle this <br />Association's members to membership in, and the benefits of the <br />state associations; and <br />f. For the payment of administrative expenses of the Association, <br />including the following necessary, reasonable and direct expenses <br />when approved by the Board of Trustees: <br />1. Office expense including but not limited to rent, utilities, <br />equipment, supplies, postage, periodical subscriptions, <br />furniture, fixtures and salaries of administrative <br />personnel; <br />2. Salaries and itemized expenses for Trustees the <br />President, Secretary and Treasurer of the Association, <br />or their designees, incurred as a result of fulfilling their <br />responsibilities as administrators of the Special and <br />General Funds. <br />3. Tuition, registration fees, organizational dues and other <br />authorized expenses of the officers or members of the <br />Board of Trustees incurred in attending educational <br />conferences, seminars or classes relating to the <br />administration of the Association; <br />4. Audit, actuarial, medical, legal and investment <br />expenses; <br />5. Reimbursement to the officers and members of the <br />Board of Trustees, or their designees, for reasonable <br />and necessary expenses actually paid and incurred in <br />the performance of their duties as officers or members <br />of the Board; and <br />6. Premiums on fiduciary liability insurance and official <br />bonds for the officers, members of the Board of <br />Trustees and employees of the Association. <br />Section 60 Investment of Funds <br />The Board of Trustees may select and appoint investment agencies or advisors to act for <br />and in behalf of the Association. Upon recommendation of the agent or agency so <br />selected, the Board of Trustees may invest such of its funds as it deems appropriate, not <br />in derogation or contrary to any law of the State of Minnesota governing the investment of <br />Association monies. The Board of Trustees may delegate its absolute authority regarding <br />the investment of funds to the Treasurer of the Association. <br />Section 61 Amendment of the Bylaws <br />The members of this Association by a two-thirds vote of the members present and voting <br />at a noticed meeting of the members, shall have full power to adopt, amend, and enact all <br />23 <br />