Attach to Form 990 or 990-EZ.
Information about Schedule O (Form 990 or 990-EZ) and its instructions is at| Return Reference | Explanation |
|---|---|
| FORM 990, PAGE 6, PART VI, LINE 6 | THE MEMBERS OF THE ASSOCIATION SHALL CONSIST OF QUALIFIED INDIVIDUALS, PARTNERSHIPS, TRUSTS OR CORPORATIONS ENGAGED IN THE RETAIL AND/OR WHOLESALE DISTRIBUTION OF PETROLEUM PRODUCTS, OR THOSE INDIVIDUALS, PARTNERSHIPS, TRUSTS OF CORPORATIONS ENGAGED IN THE SERVICING, INSTALLATION, MANUFACTURE, MAINTENANCE OF SALE OF RESIDENTIAL, COMMERCIAL OR INDUSTRIAL PETROLEUM- FUELED HEATING EQUIPMENT AND/OR SYSTEMS, OR THOSE INDIVIDUALS, PARTNERSHIPS, TRUSTS OR CORPORATIONS ENGAGED IN THE SALE, SERVICING, INSTALLATION, MANUFACTURE OR DISTRIBUTION OF PRODUCTS FOR USE BY THE PETROLEUM INDUSTRY. |
| FORM 990, PAGE 6, PART VI, LINE 7A | ALL MEMBERS HAVE THE AUTHORITY TO ELECT THE BOARD OF DIRECTORS AT THE ANNUAL MEETING. EACH MEMBER HOLDS ONE VOTE. MEMBERS ARE ALSO ALLOWED TO VOTE BY PROXY. |
| FORM 990, PAGE 6, PART VI, LINE 7B | ANY ACTIONS CONDUCTED BY THE BOARD OF DIRECTORS MAY BE OVERRULED BY A TWO- THIRDS (2/3) VOTE OF THE ELIGIBLE VOTING MEMBERSHIP AT ANY REGULAR MEETING OF THE ASSOCIATION. |
| FORM 990, PAGE 6, PART VI, LINE 11B | THE 990 WILL BE REVIEWED AND SIGNED BY THE EXECUTIVE DIRECTOR. AT THE NEXT SCHEDULED BOARD MEETING THE 990 WILL BE MADE AVAILABLE TO THE ENTIRE BOARD. |
| FORM 990, PAGE 6, PART VI, LINE 12C | THE ORGANIZATION HAS PROVIDED THE POLICY TO ALL BOARD MEMBERS AND STAFF. IF ANYONE HAS AN ISSUE THAT THEY BELIEVE IS A CONFLICT OF INTEREST THEN IT IS BROUGHT TO THE ATTENTION OF THE EXECUTIVE DIRECTOR. |
| FORM 990, PAGE 6, PART VI, LINE 15A | THE COMPENSATION OF THE EXECUTIVE DIRECTOR IS ESTABLISHED BY THE BOARD OF DIRECTORS ANNUALLY. |
| FORM 990, PAGE 6, PART VI, LINE 15B | THE EXECUTIVE DIRECTOR DETERMINES THEIR COMPENSATION ANNUALLY. |
| FORM 990, PAGE 6, PART VI, LINE 19 | THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS AND POLICIES AVAILABLE TO THE GENERAL PUBLIC UPON EACH INDIVIDUAL REQUEST. |
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