Articles

Can we report in-kind support we receive in the way of supplies, health insurance, liability insurance?

Legal Questions Answered

May (c)(3) group hold elections at ticketed banquet?

Legal Questions Answered

May public inspect booster club records?

Legal Questions Answered

May club give scholarships to members’ kids first?

Legal Questions Answered

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SAY THAT AGAIN?

May 30, 2025

The loan agreement says: “All contractual rates of interest chargeable on the outstanding Term Loans shall continue to accrue and be paid even after default, maturity, acceleration, judgment, bankruptcy, insolvency proceedings of any kind or the happening of any event or occurrence similar or dissimilar.”

A former banker friend says that “any event or occurrence similar or dissimilar” is some lawyer “fancy talk” for “the kitchen sink!”

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Must we notify directors of special meeting to remove them?

Can this voice vote be overturned?

Can board permanently restrict funds?

Do these questions breach confidentiality?

May we give “rebate” for contribution?

Can we protect naming rights in perpetuity?

May church set up (c)(3) to flip houses?

How do we value advertising for sponsors?

Is agreement to buy only sponsor’s products a sponsorship?

Can we keep dad’s name off their building?

May booster club share surplus with participants?

Should CEO be ex officio on the board?

How do we report income from members’ activity?

May two people share officer’s position?

May officers use reward points personally?

Are offerings for church gift to (c)(4) deductible?

Can we report in-kind support we receive in the way of supplies, health insurance, liability insurance?

May (c)(3) group hold elections at ticketed banquet?

May public inspect booster club records?

May club give scholarships to members’ kids first?