-2C9-


lovelfies Industry, and Shop-Doing Bags, Bathing Bags, etc. Industry,
rich are soon to bo included under the administration of this Code
Luthority.



LOTECTION OF FUNDS:

 (a).Designation of the person or persons who will receive and account
 for all funds.
 Answer: Executive Director, Compliance Director, Treasurer and
 Secretary.

 (b) The giving of adequate security by him or them.
 Answer: Adequate bonds.

 (c) The segregation of Code Authority funds from all others, separate
 bank accounts being necessary.
 Answer: Funds are deposited in two banks and those deposits are
 rmads up of Code Authority funds only.

 (d) The keeping of accurate records or records and disbursements, of
 amounts levied, of amounts receivable, of amounts payable, and of
 commitments.
 Answer: Comulete detailed and accurate accounting records made of
 all income and expenditures.

 (e) The submission of periodic reOorts to NRA,
 Answer: Monthly audited statements by independent outside firms
 of Certified Public Accountants submitted to NRA.

 (f) An annual audit by independent outside competent agency.
 Answer: Annual audit made by independent outside firm of Certi-
 fied Public Accountants submitted to NRA.