Policy C08 - Bank and Investment Accounts

Purpose

To establish a suitable location for bank and investment accounts.

Policy

SFL shall maintain a bank account with an FDIC insured bank that has a branch in the state of SFL's incorporation.

SFL shall maintain its investment account with a registered investment advisor selected by the Board with a location it deems appropriate, and the advisor's performance shall be reviewed by the Budget and Finance Committee annually.

January 26, 2024