Gentoo Archives: gentoo-nfp

From: Mike Frysinger <vapier@g.o>
To: gentoo-nfp@l.g.o
Subject: Re: [gentoo-nfp] Tax return and accounting discrepancies
Date: Thu, 24 Mar 2011 04:02:33
Message-Id: AANLkTi=WMvs72Mm859zAO1AY_GZApH=3dcRjkHp1vTFy@mail.gmail.com
In Reply to: Re: [gentoo-nfp] Tax return and accounting discrepancies by "William L. Thomson Jr."
On Wed, Mar 23, 2011 at 11:58 PM, William L. Thomson Jr. wrote:
> On Wed, 2011-03-23 at 23:44 -0400, Mike Frysinger wrote: >> On Wed, Mar 23, 2011 at 11:41 PM, William L. Thomson Jr. wrote: >> > On Wed, 2011-03-23 at 23:34 -0400, Mike Frysinger wrote: >> >> On Wed, Mar 23, 2011 at 10:02 PM, William L. Thomson Jr. wrote: >> >> > Its good to have a empty seat filled. But if the person filling it can't >> >> > get the tasks at hand done. There is not much difference to the seat >> >> > being empty. :) >> >> >> >> there is when the legal requirements are that we have X trustees >> > >> > There is no such law or any legal requirement. A company can be a single >> > person which includes a Corporation in any form, C, S, etc ;) >> >> the law says the bylaws must be followed.  our bylaws say we need X >> people.  ergo we are legally required to seat X people. > > What law says that? Bylaws are for internal operations. We made the > bylaws, and there is no entity that will ever enforce breaching bylaws.
sorry, i didnt mean bylaws, but rather the charter, or whatever document that describes the non-profit. it used to say we needed 7 trustees, but it has since been changed to 5. -mike

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Re: [gentoo-nfp] Tax return and accounting discrepancies "William L. Thomson Jr." <wlt@××××××××××××××××.com>