1. INVESTMENTS COMMITTEE

34.1 Charged with reviewing the financial investments of the Society and, subject to Executive Council approval, developing investment policies and procedures to guide the selection of Society investments.

34.2 Composed of no more than six members plus the President and Treasurer as ex-officio members. At least one such member should have financial executive experience. In addition, meetings of the Committee should be attended by a non-voting professional investment advisor. The Chair of the Acoustical Society Foundation Board shall be a member of the Committee and no more than one additional member of the Acoustical Society Foundation Board shall serve simultaneously on the Society’s Committee on Investments, and those persons shall not serve as the Chair of the Committee.

34.3 The Chair of the Investments Committee is authorized to conduct transactions with the Society's investment accounts in coordination with the Treasurer and Executive Director.

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