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Business office seeks updates to MBS authorizations amid personnel changes
Summary
CFO Ben Eberlan told trustees that changes in business-office personnel require updates to Multi-Bank Securities, Inc. (MBS) authorizations; the item was informational at this agenda-review meeting.
Ben Eberlan explained that due to personnel changes in the business office, authorizations for Multi-Bank Securities, Inc. (MBS) need to be updated and presented a non-corporate resolution to make those updates.
The board reviewed the resolution during the agenda review. No formal action was taken at this session; the minutes reflect the explanation and the need to update signatory records but do not include the updated authorization language or signatures in the agenda-review minutes.
