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There have been changes to the IRS code and state laws recently that may
have an effect on your organization's Bylaws. 1. Non-discrimination:
Must be explicitly stated that organization does not discriminate against
anybody joining as a member or in providing services to the public. 2. Conflict
of Interest: Must be explicitly stated in Bylaws and in financial operating
guidelines as to what is conflict of interest, how it is avoided, and how it is
detected and sanctioned by the organization. 3. Dissolution:
If the organization ceases to function its bills must be paid and assets
transferred to another similar organization (same tax status or a 501c3).
This transfer is supervised differently in many states but is often required to be approved by in the Bylaws and shall include under what conditions
dissolution can be considered. 4. If you are considered an employer you should
require that members be legal residents of the country and eligible for
employment. In the I have several sets of bylaws I can e-mail or send via CD. Irv Lichtenstein -----Original Message----- |
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