Minnesota | Business Law
3/19/04, 10:14 pm
Legal Question
Spending Future Funds
Can the membership of a Parent-Teacher Organization, a 501(c)(3) corporation, vote to spend $30,000 over the next two years when the bank account currently has only $9,000 and voting membership changes each year? Can we legally vote to spend future funds?
Share This On:
Legal Answer
|
Read More Answered By: David Kelly-952-544-6356 |
|
|
