deposit in accordance with the investment policy approved by the Board of Governors all funds received by the State Bar in a bank or banks, or investment firm or firms, designated by the Board of Governors;
disburse all funds of the State Bar pursuant to the budget by means of checks or vouchers signed by the Treasurer and by one of the following: the Secretary, the President, the Immediate Past President, the President-elect, the Executive Director, the Acting Executive Director, the Assistant Executive Director or the General Counsel; however, in the absence of the Treasurer, the President or the Secretary shall sign all checks or vouchers;
keep regular accounts which at all times shall be open to inspection by the members of the State Bar;
report annually, and more frequently if required by the President or the Board of Governors, with regard to the financial affairs of the State Bar; and
direct an annual audit of all funds, property and accounts of the State Bar performed by an independent certified public accountant selected by the Board of Governors, the report of which shall be delivered to the officers and made available to the membership.