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HIGHER REACH
REACHING HIGHER
NON PROFIT FAITH BASED ORGANIZATION,INC.
While the Articles of Incorporation define the basic structure of the non profit, the "bylaws" are used to further define this structure. The bylaws can contain any provisions not inconsistent with state law or the Articles, relating to the business of the non profit, the conduct of its affairs, and the rights and powers of the directors, directors, officers and employees.
A typical set of bylaws will include the following topics, unless such topics have already been addressed in the Articles:
- Fix the number of directors, and whether they will be separated into classes.
- Specify the quorum and other voting requirements for the director's meetings.
- Allow the directors to delegate power to a committee of directors.
- Specify whether the directors -- or directors in a for profit non profit -- can take action by written consent without a meeting.
- Deny the directors the ability to establish their own compensation.
- Appoint the officers, describe their duties, specify whether an individual may hold multiple officer positions, and prescribe the method of appointing officers and filling vacancies.
- Indemnify the directors against personal liability.
- Restrict the transfer of stock to outside parties.
- Designate the date, time and location of the annual meeting of the board and/or directors.
- Specify the quorum and other voting requirements for the board and/or directors' meetings.
- Specify whether the non profit will have a corporate seal.
- Restrict the transfer of stock to outside parties (for profit non profits).
- State whether the non profit will issue stock certificates (for profit non profits only). If you desire to have your own Non-Profit Program with resources under Higher Reach, Inc. please email us at hrrh@higherreach.org for more details.
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