| Return Reference | Explanation |
|---|---|
| FORM 990, PART VI, SECTION A, LINE 1A | THE EXECUTIVE COMMITTEE MAY EXERCISE ALL POWERS OF THE BOARD WHEN THE BOARD IS NOT IN SESSION. IT WILL MAKE DECISIONS BETWEEN MEETINGS OF THE CLUBS AND BETWEEN MEETINGS OF THE BOARD ON BEHALF OF THE DISTRICT ON MATTERS REQUIRING IMMEDIATE ATTENTION. |
| FORM 990, PART VI, SECTION B, LINE 11B | THE DISTRICT GOVERNOR IS GIVEN THE FORM 990 FOR REVIEW AND SIGNATURE. THE FORM 990 IS PROVIDED TO THE BOARD OF DIRECTORS PRIOR TO FILING OF THE FORM. |
| FORM 990, PART VI, SECTION B, LINE 12C | A CONFLICT OF INTEREST POLICY IS INCLUDED IN THE BYLAWS AND STATES THAT A DIRECTOR MUST DISCLOSE ANY CONFLICT OF INTEREST AND IN ORDER FOR A TRANSACTION IN WHICH A DIRECTOR HAS A CONFLICT OF INTEREST MAY ONLY BE APPROVED IF: 1) THE MATERIAL FACTS OF THE TRANSACTION AND THE DIRECTOR'S INTEREST WERE DISCLOSED OR KNOWN TO THE BOARD OR A COMMITTEE OF THE BOARD AND THE BOARD OR COMMITTEE AUTHORIZED, APPROVED, OR RATIFIED THE TRANSACTION; OR 2) THE MATERIAL FACTS OF THE TRANSACTION AND DIRECTOR'S INTEREST WERE DISCLOSED OR KNOWN TO THE MEMBERS AND THEY AUTHORIZED, APPROVED OR RATIFIED THE TRANSACTION. A CONFLICT OF INTEREST TRANSACTION IS AUTHORIZED, APPROVED, OR RATIFIED IF IT RECEIVES THE AFFIRMITIVE VOTE OF A MAJORITY OF THE DIRECTORS ON THE BOARD OR ON THE COMMITTEE WHO HAVE NO DIRECT OR INDIRECT INTEREST IN THE TRANSACTION, BUT A TRANSACTION MAY NOT BE AUTHORIZED, APPROVED, OR RATIFIED UNDER THIS POLICY BY A SINGLE DIRECTOR. |
| FORM 990, PART VI, SECTION C, LINE 19 | THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE POSTED ON THE DISTRICT WEBSITE AND AVAILABLE TO THE PUBLIC AT ANY TIME. |
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