1. The GC shall have the authority to approve and review an investment strategy as proposed by the Executive Director, which will allow the association to both maximize potential market returns and limit potential losses.

2. The Scholarship Board shall work with the Executive Director to develop an investment strategy for accounts held in the name of the MSCSA Scholarship Fund to recommend to the GC for approval.

3. The investment strategy for both general association funds and the Scholarship Fund will be reviewed on an annual basis by the GC.