5. Troops MUST opt out of overdraft protection for the debit card if it is offered by the bank.
6. An annual year-end Financial Report, along with a copy of the May bank statement and receipts, must be submitted to council by June 30th of each year. Failure to provide the year-end Financial Report may result in closure of the account.
7. Non-sufficient funds activity is not allowed on any Girl Scout account and may result in account closure. A signer’s name may be removed from the account at the discretion of the council.
8. All money raised, earned and other assets received in the name of and for the benefit of Girl Scouting must be authorized by a Girl Scout Council or GSUSA and used for the purpose of Girl Scouting. Such monies and assets become the property of and are administered by the Girl Scout Council or GSUSA. Such assets are not the property of individuals, geographic units or communities within a Girl Scout Council. Adapted from Girl Scout Leader’s Digest Blue Book