Matt Schafer Posted October 6, 2010 at 09:07 PM Report Share Posted October 6, 2010 at 09:07 PM Our bylaws authorize the board to adopt an annual budget (though there is some ambiguity whether the board has exclusive authority to do so), and the members must then ratify it at the annual meeting.When the question of ratifying the budget is considered at the annual meeting, are motions to amend the budget in order? Does it make a difference if the board has exclusive authority to adopt the budget or not? Link to comment Share on other sites More sharing options...
jstackpo Posted October 6, 2010 at 09:14 PM Report Share Posted October 6, 2010 at 09:14 PM Your use of the word "ratify" is not the same as RONR's. See p. 119.You will have to define what you mean by "ratify". Link to comment Share on other sites More sharing options...
hmtcastle Posted October 6, 2010 at 09:15 PM Report Share Posted October 6, 2010 at 09:15 PM Does it make a difference if the board has exclusive authority to adopt the budget or not?Yes. Link to comment Share on other sites More sharing options...
Recommended Posts
Archived
This topic is now archived and is closed to further replies.