10-3845. Officers' authority to execute
documents


Any contract or other instrument in writing executed or entered into between a
corporation and any other person is not invalidated as to the corporation by any lack of
authority of the signing officers in the absence of actual knowledge on the part of the
other person that the signing officers had no authority to execute the contract or other
instrument if it is signed by two individuals who are either:


1. Both the presiding officer of the board of directors and the president.


2. Either the presiding officer of the board of directors or the president, and one
of the following:


(a) A vice-president.


(b) The secretary.


(c) The treasurer.


(d) The executive director.