Endowment talk:Bylaws: Difference between revisions
→Board standards paragraph missing re Investments: new section |
added wikilink for clarity; corrected which article this appears |
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== Board standards paragraph missing re Investments == |
== Board standards paragraph missing re Investments == |
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The following is the beginning of Article |
The following is the beginning of [[Endowment:Bylaws#Section_15:_Investments|Article III of the Bylaws, Section 15]]: Investments (emphasis mine): |
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<blockquote>"Except with respect to assets held for use or used directly in carrying out this corporation's public or charitable activities, '''''in managing and investing this corporation's investments, the Board shall adhere to the standards set forth in Paragraph A above,''''' and shall consider both the charitable purposes of this corporation, and: |
<blockquote>"Except with respect to assets held for use or used directly in carrying out this corporation's public or charitable activities, '''''in managing and investing this corporation's investments, the Board shall adhere to the standards set forth in Paragraph A above,''''' and shall consider both the charitable purposes of this corporation, and:<br/> |
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(i) general economic conditions...</blockquote> |
(i) general economic conditions..."</blockquote> |
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There is no Paragraph A in the document. I did a word search on the page. There '''is''' |
There is no Paragraph A in the document. I did a word search on the page. There '''is''' an item (a) in a previous section of Article III but it is merely one sentence in length; it doesn't pertain to standards as mentioned in the excerpt I copied. Is Paragraph A missing or still to be determined? Perhaps it is present but mislabeled?--[[User:FeralOink|FeralOink]] ([[User talk:FeralOink|talk]]) 15:33, 18 October 2023 (UTC) |
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Revision as of 15:39, 18 October 2023
Board standards paragraph missing re Investments
The following is the beginning of Article III of the Bylaws, Section 15: Investments (emphasis mine):
"Except with respect to assets held for use or used directly in carrying out this corporation's public or charitable activities, in managing and investing this corporation's investments, the Board shall adhere to the standards set forth in Paragraph A above, and shall consider both the charitable purposes of this corporation, and:
(i) general economic conditions..."
There is no Paragraph A in the document. I did a word search on the page. There is an item (a) in a previous section of Article III but it is merely one sentence in length; it doesn't pertain to standards as mentioned in the excerpt I copied. Is Paragraph A missing or still to be determined? Perhaps it is present but mislabeled?--FeralOink (talk) 15:33, 18 October 2023 (UTC)