September 30, 2016 Leave a comment
The follow changes have been amended to the bylaws of Log Cabin Republicans of the District of Columbia:
To Section 6.03(b): At the beginning of each calendar year, the Vice President shall conduct, or designate a qualified third party to conduct, an audit of the finances of the Corporation for the previous calendar year. The Vice President, or the qualified third party designee, shall submit a report of any findings to the full Board of Directors
To Section 6.03(d): The Treasurer shall be responsible for all tax and legal filings required by the Internal Revenue Service and the laws of the District of Columbia and the United States of America
To Section 7.03: All cash donations collected for the Corporation shall be counted by at least two Board Members and the names of the board members shall be recorded with the collected sum on the subsequent Treasurer’s Report
To Section 7.04: At all times, both the Treasurer and the President must have authorized access to all financial accounts held by the Corporation at banks, trust companies and other depositories.