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Catalog of Sample Policies for Pennsylvania's Conservation DistrictsBank Account Initiation & Closure Approval of the Board of Directors is necessary for the opening or closing of District bank accounts, with the exception of PA INVEST sub-accounts, which may be initiated by the District Manager under the Conservation District's participant name and account number to accommodate individual grants for which a separate interest-bearing account is required. Similarly, individual grant sub-accounts may by closed by the District Manager upon completion of grant projects. Notification of sub-account initiation or closure will be provided to the Board of Directors at the monthly meeting following the transaction. The County auditors must be notified in writing when new accounts are
established or existing accounts closed.
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