If needed, the Association may borrow funds by Board of Directors resolution in order to achieve its purpose and conduct its operations. Such borrowing may be in the form of purchase of goods and services on credit as well as in cash. However, such borrowing may not be in sums which exceed income sources of the Association and in such a way to cause financial difficulty for the Association. The Board of Directors may borrow in sums which do not exceed the final settlement of accounts for the previous year.