Leading the Way - New York State Association for College Admission Counseling

Article VII: Fiscal Policies

Section 1: The dues of the Association shall be established by the Executive Board in consultation with the Treasurer and the Finance Committee, and assessed on an annual basis.

Section 2: The fiscal year shall be from January 1 through December 31.

Section 3: Upon dissolution of NYSACAC, all assets will be contributed to the National Association for College Admission Counselors (NACAC), a tax exempt organization as recognized by the Internal Revenue Service.

Section 4: The Executive Board, VP for Finance and Finance Committee will handle NYSACAC’s finances in the best interest of the Association and in accordance with the fiscal policies of NACAC.