Path: utzoo!utgpu!news-server.csri.toronto.edu!mailrus!cs.utexas.edu!uunet!willett!ForthNet
From: ForthNet@willett.UUCP (ForthNet articles from GEnie)
Newsgroups: comp.lang.forth
Subject: Time to sell Forth Dimensions?
Message-ID: <754.UUL1.3#5129@willett.UUCP>
Date: 9 Apr 90 01:28:34 GMT
Organization: Latest link in the ForthNet chain.  (Pgh, PA)
Lines: 45

Category 8,  Topic 25
Message 8         Sat Apr 07, 1990
D.RUFFER [Dennis]            at 23:19 EDT
 
Re: STEVE PALINCSAR

No matter how much I morally agree with you Steve, the FIG bylaws do not
require us to publish annual or financial reports:

        Article XIV: Records and Reports
        Section 4. Annual report to members

"The Annual Report to Members referred to in the California Nonprofit
Corporation Law is expressly dispensed with, but nothing in these Bylaws shall
be interpreted as prohibiting the Board of Directors from issuing annual or
other periodic reports to the members of the corporation as they consider
appropriate.  However, the corporation shall provide to the directors, and to
those members who request it in writing, within one hundred twenty (120) days
of the close of its fiscal year, a report containing the following information
in resonable detail:

  (1)  The assets and liabilities, including the trust fund, of the
        corporation as of the end of the fiscal year.

  (2)  The principle changes in assets and liabilities, including
        trust funds, during the fiscal year.

  (3)  The revenue or receipts of the corporation, both unrestricted
        and restricted to particular purposes for the fiscal year.

  (4)  The expenses or distributions of the corporation for both
        general and restricted purposes, during the fiscal year.

  (5)  Any information required by California Corporations Code
        section 6322."

At this point, we have not determined what we "consider appropriate", but we
have decided that some report is nessessary. We will publish it as soon as we
decide on the format.  If you, or anyone else is in need of the information, a
simple letter to FIG will get you the information.

DaR
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