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III. The Reserve Bank
 
  3.1 Structure of Bank  
  Article 24- Treasurer  
24.1 Treasurer  
  The Board of Governors shall hand the day to day executive authority and responsibility of the Bank to a Treasurer and a Board of Directors of Divisions.  
24.2 Functions and Powers  
  The Treasurer is the chief executive officer of the Bank and prime representative to the world. The office of the Treasurer is the highest Officer of the Bank and at all times should be considered with the greatest dignity and respect.  
  By virtue of this Charter, the Treasurer is vested with the executive authority to manage the needs and affairs of the Bank through the selection or dismissal of wise counsel in the form of the Board of Directors of Divisions, the departments (divisions), officials and administration of the Bank, subject to the approval of the Board of Governors.  
  The Treasurer shall have the authority over all divisions, agencies and Directors as Chairman of the Globe Board of Directors of Divisions. As Chairman, the Treasurer may choose to overrule motions of the Board and select the agenda and minutes of the Board meetings.  
  The Treasurer shall also be a permanent non-voting member of the Board of Governors, responsible for providing all secretariat duties for the Board of Governors.  
24.3 Oath of Office  
  Prior to the commencement of their term of office, the Treasurer shall make the following public oath- “--"I do solemnly swear (or affirm) that I will faithfully execute the Office of Treasurer of the Americas Union Reserve Bank and will to the best of my Ability, preserve, protect and defend its Charter for the benefit of all member states and for all of the world”
 
24.4 Term of Office  
  The Treasurer shall hold their Office during the Term of six (6) years corresponding to the election cycle of the Board of Governors, chosen by the members of the Bank for the same Term following the procedures for elections contained within this charter.  
  By this Charter a Treasurer is ineligible to serve beyond a total of two terms (12) years.  
24.5 Payment of Office  
  The Treasurer shall, at stated Times, receive for their Services, a Compensation, which shall neither be increased nor diminished during the Period for which they shall have been elected, and shall not receive any other income during their term.  
     
     
     
 
 

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