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Old 06-06-2013, 12:56 PM   #8
Greenlight
Member
 
Join Date: Dec 2004
Posts: 215
Likes: 16
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Talking Re: What would Wally think ?

As "members" of the non-profit organization do we have any rights in saying how "our" organization is run?

Can we vote out/in people of the board of directors who are not aligned with it's members best interest?

Are we legally allowed to see how all of "our" money is being spent?

Will my car be torn down at every race I attend for the rest of my life because I posted this?


CALIFORNIA CORPORATIONS CODE

http://www.leginfo.ca.gov/.html/corp..._contents.html

PART 3. NONPROFIT MUTUAL BENEFIT CORPORATIONS
CHAPTER 1. ORGANIZATION AND BYLAWS
Article 1. Title and Purposes ............................... 7110-7111
Article 2. Formation ...................................... 7120-7122.3
Article 3. Articles of Incorporation ........................ 7130-7135
Article 4. Powers ........................................... 7140-7142
Article 5. Bylaws ........................................... 7150-7153
Article 6. Location and Inspection of Articles and Bylaws ...... 7160
CHAPTER 2. DIRECTORS AND MANAGEMENT
Article 1. General Provisions ............................... 7210-7215
Article 2. Selection, Removal and Resignation of Directors .. 7220-7225
Article 3. Standards of Conduct ............................. 7230-7238
Article 4. Examination by Attorney General ..................... 7240
CHAPTER 3. MEMBERS
Article 1. Issuance of Memberships .......................... 7310-7315
Article 2. Transfer of Memberships ............................. 7320
Article 3. Types of Memberships ............................. 7330-7333
Article 4. Termination of Memberships ....................... 7340-7341
Article 5. Rights and Obligations of Members and Creditors .. 7350-7354
CHAPTER 4. DISTRIBUTIONS
Article 1. Limitations ...................................... 7410-7414
Article 2. Liability of Members ................................ 7420
CHAPTER 5. MEETINGS AND VOTING
Article 1. General Provisions ............................... 7510-7517
Article 2. Additional Provisions Relating to Election of
Directors ........................................ 7520-7527
CHAPTER 6. VOTING OF MEMBERSHIPS ............................. 7610-7616
CHAPTER 7. MEMBERS' DERIVATIVE ACTIONS .......................... 7710
CHAPTER 8. AMENDMENT OF ARTICLES ............................. 7810-7820
CHAPTER 9. SALES OF ASSETS ................................... 7910-7914
CHAPTER 10. MERGERS
Article 1. Merger ......................................... 8010-8019.1
Article 2. Effect of Merger ................................. 8020-8022
CHAPTER 11. BANKRUPTCY REORGANIZATIONS AND ARRANGEMENTS ......... 8110
CHAPTER 12. REQUIRED FILINGS BY CORPORATION OR ITS AGENT ..... 8210-8217
CHAPTER 13. RECORDS, REPORTS, AND RIGHTS OF INSPECTION
Article 1. General Provisions ............................... 8310-8313
Article 2. Required Records, Reports to Directors and Members 8320-8325
Article 3. Rights of Inspection ............................. 8330-8338
CHAPTER 14. SERVICE OF PROCESS .................................. 8410
CHAPTER 15. INVOLUNTARY DISSOLUTION .......................... 8510-8519
CHAPTER 16. VOLUNTARY DISSOLUTION ............................ 8610-8618
CHAPTER 17. GENERAL PROVISIONS RELATING TO DISSOLUTION ....... 8710-8724
CHAPTER 18. CRIMES AND PENALTIES ............................. 8810-8817
CHAPTER 19. FOREIGN CORPORATIONS ................................ 8910
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