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OLD SEMINOLE HEIGHTS NEIGHBORHOOD ASSOCIATION, INC. Suggested revisions for the BYLAWS |
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| Existing Bylaws | Proposed Changes (12-28-2009) |
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Article XI Non-Profit Provisions
Section 1. OSHNA funds are not to be spent, committed or distributed in a manner which would or may invalidate the eligibility of OSHNA to meet Internal Revenue Service requirements for non-profit charitable organizations |
Article XI Non-Profit Provisions
OSHNA funds are not to be spent, committed, or distributed in any manner which would or may invalidate the eligibility of OSHNA to meet Internal Revenue Service requirements for 501(C)4 charitable organizations Rewritten to more closely comply with tax laws
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Article I - Name, Purpose and Membership
Article II - Meetings
Article III - Quorum
Article IV - Officers
Article V - Elections
Article VI - Executive Board
Article VII - Duties of Office
Article VIII - Committees
Article IX - Amendments to Bylaws
Article X - Non-Discrimination
Article XI - Non-Profit Provisions
Article XII -Control and Disbursement of Funds
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