BACK

PROPOSED CHANGES TO THE TDC BY-LAWS

 

 

ARTICLE II. MEMBERS (Current Rules)

Section 1. Membership: Any person may become a member by payment of a fee and by accepting conditions to be determined from time to time by the Board of Directors. There shall be three classes of membership.

A.     Regular: Full voting privileges; USDF associate membership.

B.     Family: Consists of three individuals of the same family and each additional member shall pay one-half the single membership fee with regular member privileges.

C.     Associate: Non-voting, no USDF associate membership.

 

ARTICLE II. MEMBERS (Proposed Rules)

Section 1. Membership: Any person may become a member by payment of a fee and by accepting conditions to be determined from time to time by the Board of Directors. There shall be three classes of membership

A.     Regular: Full TDC voting privileges; USDF group membership

B.     Family: Individual TDC membership plus each additional family member shall pay one-half the singleTDC membership fee with regular TDC membership privileges.

C.     Newsletter: No TDC voting privileges, no USDF group membership.

 

JUSTIFICATION:

The proposed changes would bring the TDC By-Laws in line with current, and past, Board policy as well as correct the language to match USDF. USDF no longer offers an associate membership. Instead, membership in TDC accords the individual membership in USDF as a group member. As a USDF group member, one receives a subscription to the USDF Connection and is eligible for USDF rider awards. We are offering a newsletter only membership for individuals who want to keep apprised of the events in the Tucson area without paying for a group membership to USDF.

 

 

ARTICLE III. OFFICERS (Current rules)

Section 7. Treasurer: The treasurer shall have charge and custody of and be responsible for all funds and securities of the corporation, receive and give receipts for moneys due and payable to the corporation from any source whatsoever, and deposit all such moneys in the name of the corporation in such banks, trust companies, or other depositories as shall be selected by the Board of Directors. He shall pay all debts of the corporation, and, in general, perform all duties as from time to time may be assigned to him. All checks are to be countersigned by the President or another cosigner. A yearly report must be presented at the Annual Meeting.

 

 

ARTICLE III. OFFICERS (Proposed rules)

Section 7. Treasurer: The treasurer shall have charge and custody of and be responsible for all funds and securities of the corporation, receive and give receipts for moneys due and payable to the corporation from any source whatsoever, and deposit all such moneys in the name of the corporation in such banks, trust companies, or other depositories as shall be selected by the Board of Directors. He shall pay all debts of the corporation, and, in general, perform all duties as from time to time may be assigned to him. All checks of $1000 or more are to be countersigned by the Treasurer and one other officer of the Board. Checks less than $1000 will only require the signature of the Treasurer. A yearly report must be presented at the Annual Meeting.

 

JUSTIFICATION:

 

After consulting with two accountants who reviewed the TDC By-Laws and practices, it was recommended that we remove the requirement of dual signatures for every check. Checks of less than $1000 would continue to be signed by the Treasurer, but these checks would not require the signature of another board member. No check is written without a receipt. Most of the checks written for TDC are below $100. The majority of checks written for $1,000 or more are for the expenses of the recognized shows. In addition, there is an audit committee, composed of three people from outside the TDC Board, who will review TDC finances on a quarterly basis. There will also be a financial report given at the Annual Meeting.