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Bylaws
of
CLIQ Services Cooperative, Incorporated
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Adopted May 19, 1997
By the Board of Directors
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Article V
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Corporate Records and Reports
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Section 5.1
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Required Records
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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.
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Section 5.2
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Disclosure Document
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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.
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Section 5.3
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Annual Report
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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:
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(1)
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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
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(2)
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a statement of the place where the names and addresses of the current members are located
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(3)
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an annual statement of transactions and indemnifications to "interested persons," as defined by law
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Site contents ©1994-2003 by CLIQ Services Cooperative, Inc.
Last Modified: 2003-02-19, webmaster@cliq.com
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