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About CLIQ Services

Bylaws

of

CLIQ Services Cooperative, Incorporated

Adopted May 19, 1997

By the Board of Directors

Article I Membership Article II Termination of Membership
Article III Board of Directors/Membership Meetings Article IV Officers
Article V Corporate Records and Reports Article VI Inspection Rights
Article VII Surplus and Allocations Article VIII Bylaws Changes

Article V

Corporate Records and Reports

Section 5.1 Required Records
The corporation shall keep adequate and correct books and records of accounts and minutes of the proceedings of its members, Board, and committees of the Board. It shall also keep a record of the members, including their names and addresses. The minutes, other books and records shall be kept either in written form or in any other form capable of being converted into written form.
Section 5.2 Disclosure Document
Prior to becoming a member, an applicant will be provided with a Disclosure Document containing the information required by Section 12401 of the California Corporations Code.
Section 5.3 Annual Report
An annual report shall be prepared not later than 120 days after the close of the corporation's fiscal year and distributed to members by electronic means. The annual report shall contain in appropriate details all the following:
(1) a balance sheet as of the end of the fiscal year, an income statement, and statement of changes in financial position of the fiscal year
(2) a statement of the place where the names and addresses of the current members are located
(3) an annual statement of transactions and indemnifications to "interested persons," as defined by law

Article I Membership Article II Termination of Membership
Article III Board of Directors/Membership Meetings Article IV Officers
Article V Corporate Records and Reports Article VI Inspection Rights
Article VII Surplus and Allocations Article VIII Bylaws Changes

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Last Modified: 2003-02-19, webmaster@cliq.com