TIP: Click on subject to list as thread! ANSI
echo: home_office
to: JAMES INKYO
from: DICK ROEBELT
date: 1996-09-26 02:36:00
subject: Need Information.

JAMES INKYO spoke thusly to: ALL 
JI>I am the treasurer of a small club or R/C racers.  We are in the
JI>process of  attempting to register our club as a Non-profit
JI>Organization.  The "powers  that be" have informed us that the
JI>require a copy of our by-laws in order to proceed...alas, therein
JI>lies the rub, none of the officers of the club in- cluding yours
JI>truly has any experience in these type of matters.  Any advice/
JI>help would be greatly appreciated.  Thanks in advance.
   I have set up (and registered) two not for profit corps.
   Your by-laws have to meet state muster.  But since those that are 
on file with the state are public records, get a handful and look them 
over.  They will be a good guide to setting up yours.
   Nothing beats having an atty draw up your first set.  They can 
always be amended at a later date.  But you need something to get you 
going.
   DO NOT lock too much in stone (by-laws).  By-laws should be 
amendable but not easily.  The club could have "rules" that take care 
of the day-to-day housekeeping chores.  Rules can be changed at any 
meeting by a majority vote.
   By-laws set up the purpose and structure of the organization.  And 
violating them could get your status as a corp. revoked by your Sec. 
of State (or whomever).
   Also be aware that you will have to file twice.  Once with the 
state and a second time with the IRS, should you be seeking tax exempt 
status.  Each requires separate paperwork.  That's why using an atty 
schooled in that area will valuable if you have no experience in this 
regard.
   Good luck
   Dick
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