http://bloominglabs.org/index.php?title=Bylaws&feed=atom&action=historyBylaws - Revision history2024-03-29T05:53:36ZRevision history for this page on the wikiMediaWiki 1.20.2http://bloominglabs.org/index.php?title=Bylaws&diff=4126&oldid=prevDakmh: /* Section 1: Amendments */2019-06-19T16:25:27Z<p><span dir="auto"><span class="autocomment">Section 1: Amendments</span></span></p>
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<tr><td class='diff-marker'> </td><td style="background: #eee; color:black; font-size: smaller;"><div>These bylaws may be amended only when an amendment proposal petition is approved at a membership meeting and the amendment is signed by all (100%) of responding voting members. A good-faith attempt must be made to contact all voting members with notice of such petition in solicitation of a response vote. This attempt may be made electronically.</div></td><td class='diff-marker'> </td><td style="background: #eee; color:black; font-size: smaller;"><div>These bylaws may be amended only when an amendment proposal petition is approved at a membership meeting and the amendment is signed by all (100%) of responding voting members. A good-faith attempt must be made to contact all voting members with notice of such petition in solicitation of a response vote. This attempt may be made electronically.</div></td></tr>
<tr><td class='diff-marker'>−</td><td style="background: #ffa; color:black; font-size: smaller;"><div><del style="color: red; font-weight: bold; text-decoration: none;">Voting members must be given at least two weeks to give a response vote. If a response vote is not received from a voting member during the voting period, their absence of vote will not affect the result of the vote.</del></div></td><td colspan="2"> </td></tr>
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<tr><td colspan="2"> </td><td class='diff-marker'>+</td><td style="background: #cfc; color:black; font-size: smaller;"><div><ins style="color: red; font-weight: bold; text-decoration: none;">Voting members must be given at least two weeks to give a response vote. If a response vote is not received from a voting member during the voting period, their absence of vote will not affect the result of the vote.</ins></div></td></tr>
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<tr><td class='diff-marker'> </td><td style="background: #eee; color:black; font-size: smaller;"><div>== Article IX: Dissolution ==</div></td><td class='diff-marker'> </td><td style="background: #eee; color:black; font-size: smaller;"><div>== Article IX: Dissolution ==</div></td></tr>
</table>Dakmhhttp://bloominglabs.org/index.php?title=Bylaws&diff=4125&oldid=prevDakmh: Amendment amendment2019-06-19T16:24:44Z<p>Amendment amendment</p>
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<tr><td class='diff-marker'> </td><td style="background: #eee; color:black; font-size: smaller;"><div>=== Section 1: Amendments ===</div></td><td class='diff-marker'> </td><td style="background: #eee; color:black; font-size: smaller;"><div>=== Section 1: Amendments ===</div></td></tr>
<tr><td class='diff-marker'> </td><td style="background: #eee; color:black; font-size: smaller;"></td><td class='diff-marker'> </td><td style="background: #eee; color:black; font-size: smaller;"></td></tr>
<tr><td class='diff-marker'>−</td><td style="background: #ffa; color:black; font-size: smaller;"><div>These bylaws may be amended only when an amendment proposal petition is approved at a membership meeting and signed by all (100% <del class="diffchange diffchange-inline">of</del>) voting members. <del class="diffchange diffchange-inline">Notice </del>of such petition may be <del class="diffchange diffchange-inline">submitted </del>electronically <del class="diffchange diffchange-inline">to all </del>members.  </div></td><td class='diff-marker'>+</td><td style="background: #cfc; color:black; font-size: smaller;"><div>These bylaws may be amended only when an amendment proposal petition is approved at a membership meeting and <ins class="diffchange diffchange-inline">the amendment is </ins>signed by all (100%) <ins class="diffchange diffchange-inline">of responding </ins>voting members. <ins class="diffchange diffchange-inline">A good-faith attempt must be made to contact all voting members with notice </ins>of such petition <ins class="diffchange diffchange-inline">in solicitation of a response vote. This attempt </ins>may be <ins class="diffchange diffchange-inline">made </ins>electronically<ins class="diffchange diffchange-inline">.</ins></div></td></tr>
<tr><td colspan="2"> </td><td class='diff-marker'>+</td><td style="background: #cfc; color:black; font-size: smaller;"><div><ins class="diffchange diffchange-inline">Voting </ins>members <ins class="diffchange diffchange-inline">must be given at least two weeks to give a response vote. If a response vote is not received from a voting member during the voting period, their absence of vote will not affect the result of the vote</ins>.</div></td></tr>
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<tr><td class='diff-marker'> </td><td style="background: #eee; color:black; font-size: smaller;"><div>== Adoption and amendment history ==</div></td><td class='diff-marker'> </td><td style="background: #eee; color:black; font-size: smaller;"><div>== Adoption and amendment history ==</div></td></tr>
<tr><td colspan="2"> </td><td class='diff-marker'>+</td><td style="background: #cfc; color:black; font-size: smaller;"><div><ins style="color: red; font-weight: bold; text-decoration: none;"></ins></div></td></tr>
<tr><td colspan="2"> </td><td class='diff-marker'>+</td><td style="background: #cfc; color:black; font-size: smaller;"><div><ins style="color: red; font-weight: bold; text-decoration: none;">* Amended 2019-05-22</ins></div></td></tr>
<tr><td colspan="2"> </td><td class='diff-marker'>+</td><td style="background: #cfc; color:black; font-size: smaller;"><div><ins style="color: red; font-weight: bold; text-decoration: none;">** Changed amendment procedure (Article 8, Section 1)</ins></div></td></tr>
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<tr><td class='diff-marker'> </td><td style="background: #eee; color:black; font-size: smaller;"><div>* Amended 2017-11-06</div></td><td class='diff-marker'> </td><td style="background: #eee; color:black; font-size: smaller;"><div>* Amended 2017-11-06</div></td></tr>
</table>Dakmhhttp://bloominglabs.org/index.php?title=Bylaws&diff=3830&oldid=prevDosman: Linked all references to Standing Rules to an appropriate page for further review - the content of the ByLaws was not changed in this nor the past few edits.2019-01-03T21:26:35Z<p>Linked all references to Standing Rules to an appropriate page for further review - the content of the ByLaws was not changed in this nor the past few edits.</p>
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<tr><td class='diff-marker'> </td><td style="background: #eee; color:black; font-size: smaller;"><div>=== Section 1: Regular Meetings ===</div></td><td class='diff-marker'> </td><td style="background: #eee; color:black; font-size: smaller;"><div>=== Section 1: Regular Meetings ===</div></td></tr>
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<tr><td class='diff-marker'>−</td><td style="background: #ffa; color:black; font-size: smaller;"><div>Regular meetings of voting members shall be held as designated in the <del class="diffchange diffchange-inline">standing rules</del>.</div></td><td class='diff-marker'>+</td><td style="background: #cfc; color:black; font-size: smaller;"><div>Regular meetings of voting members shall be held as designated in the <ins class="diffchange diffchange-inline">[[Standing Rules]]</ins>.</div></td></tr>
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<tr><td class='diff-marker'> </td><td style="background: #eee; color:black; font-size: smaller;"><div>=== Section 2: Annual Meetings ===</div></td><td class='diff-marker'> </td><td style="background: #eee; color:black; font-size: smaller;"><div>=== Section 2: Annual Meetings ===</div></td></tr>
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<tr><td class='diff-marker'>−</td><td style="background: #ffa; color:black; font-size: smaller;"><div>An annual meeting of all members shall take place sometime in January, February or March. The President shall select the date, time and place no later than January 31 of each year. The date, time and place of the annual meeting must be posted in the registered office and submitted to members electronically at least two weeks prior to the annual meeting. A petition signed by more than three quarters (3/4ths) of voting members and submitted to the Board of Directors before Valentine's Day may specify a new date, time and place for the annual meeting. At the annual meeting, the voting members shall elect the Board of Directors, review and vote on the <del class="diffchange diffchange-inline">standing rules </del>and policies of the Corporation, receive reports on the activities of the Corporation, approve the budget and determine the direction of the Corporation in the coming year.</div></td><td class='diff-marker'>+</td><td style="background: #cfc; color:black; font-size: smaller;"><div>An annual meeting of all members shall take place sometime in January, February or March. The President shall select the date, time and place no later than January 31 of each year. The date, time and place of the annual meeting must be posted in the registered office and submitted to members electronically at least two weeks prior to the annual meeting. A petition signed by more than three quarters (3/4ths) of voting members and submitted to the Board of Directors before Valentine's Day may specify a new date, time and place for the annual meeting. At the annual meeting, the voting members shall elect the Board of Directors, review and vote on the <ins class="diffchange diffchange-inline">[[Standing Rules]] </ins>and policies of the Corporation, receive reports on the activities of the Corporation, approve the budget and determine the direction of the Corporation in the coming year.</div></td></tr>
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<tr><td class='diff-marker'> </td><td style="background: #eee; color:black; font-size: smaller;"><div>=== Section 3: Special Meetings ===</div></td><td class='diff-marker'> </td><td style="background: #eee; color:black; font-size: smaller;"><div>=== Section 3: Special Meetings ===</div></td></tr>
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<tr><td class='diff-marker'> </td><td style="background: #eee; color:black; font-size: smaller;"><div>=== Section 6: Conduct of Meetings ===</div></td><td class='diff-marker'> </td><td style="background: #eee; color:black; font-size: smaller;"><div>=== Section 6: Conduct of Meetings ===</div></td></tr>
<tr><td class='diff-marker'> </td><td style="background: #eee; color:black; font-size: smaller;"></td><td class='diff-marker'> </td><td style="background: #eee; color:black; font-size: smaller;"></td></tr>
<tr><td class='diff-marker'>−</td><td style="background: #ffa; color:black; font-size: smaller;"><div>The conduct of all meetings shall follow the rules of order as specified in the <del class="diffchange diffchange-inline">standing rules</del>.</div></td><td class='diff-marker'>+</td><td style="background: #cfc; color:black; font-size: smaller;"><div>The conduct of all meetings shall follow the rules of order as specified in the <ins class="diffchange diffchange-inline">[[Standing Rules]]</ins>.</div></td></tr>
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</table>Dosmanhttp://bloominglabs.org/index.php?title=Bylaws&diff=3829&oldid=prevDosman: /* Section 6: Voting Membership Resignation and Termination */ - linked reference to Standing Rules to appropriate page2019-01-03T21:20:09Z<p><span dir="auto"><span class="autocomment">Section 6: Voting Membership Resignation and Termination: </span> - linked reference to Standing Rules to appropriate page</span></p>
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<tr><td class='diff-marker'> </td><td style="background: #eee; color:black; font-size: smaller;"><div>=== Section 6: Voting Membership Resignation and Termination ===</div></td><td class='diff-marker'> </td><td style="background: #eee; color:black; font-size: smaller;"><div>=== Section 6: Voting Membership Resignation and Termination ===</div></td></tr>
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<tr><td class='diff-marker'>−</td><td style="background: #ffa; color:black; font-size: smaller;"><div>Any voting member may resign by filing a resignation with any officer. Resignation shall not relieve a voting member of unpaid dues or other monies owed. Voting membership shall be suspended for non-payment of dues by the Treasurer after a period of three (3) months. Any suspended voting member may restore their membership as shall be specified in the <del class="diffchange diffchange-inline">standing rules</del>. Voting membership may also be terminated for any reason by written petition signed by more than three fourths (3/4ths) of the voting members. If a member, through his or her actions, endangers the safety of members of the Corporation, or threatens the Corporation's lease and continued operation, that member's access to the space will be revoked. Subject to a two thirds (2/3rds) approval by voting members, that member will be terminated.</div></td><td class='diff-marker'>+</td><td style="background: #cfc; color:black; font-size: smaller;"><div>Any voting member may resign by filing a resignation with any officer. Resignation shall not relieve a voting member of unpaid dues or other monies owed. Voting membership shall be suspended for non-payment of dues by the Treasurer after a period of three (3) months. Any suspended voting member may restore their membership as shall be specified in the <ins class="diffchange diffchange-inline">[[Standing Rules]]</ins>. Voting membership may also be terminated for any reason by written petition signed by more than three fourths (3/4ths) of the voting members. If a member, through his or her actions, endangers the safety of members of the Corporation, or threatens the Corporation's lease and continued operation, that member's access to the space will be revoked. Subject to a two thirds (2/3rds) approval by voting members, that member will be terminated.</div></td></tr>
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<tr><td class='diff-marker'> </td><td style="background: #eee; color:black; font-size: smaller;"><div>=== Section 7: Voting Membership Probation ===</div></td><td class='diff-marker'> </td><td style="background: #eee; color:black; font-size: smaller;"><div>=== Section 7: Voting Membership Probation ===</div></td></tr>
</table>Dosmanhttp://bloominglabs.org/index.php?title=Bylaws&diff=3828&oldid=prevDosman: /* Section 4: Voting Membership Dues */ - linked reference to Standing Rules to appropriate page2019-01-03T21:18:40Z<p><span dir="auto"><span class="autocomment">Section 4: Voting Membership Dues: </span> - linked reference to Standing Rules to appropriate page</span></p>
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<tr><td class='diff-marker'>−</td><td style="background: #ffa; color:black; font-size: smaller;"><div>The amount, payment period, due date and acceptable methods for collection of dues shall be reviewed each year at the annual meeting, and shall be specified in the <del class="diffchange diffchange-inline">standing rules</del>.</div></td><td class='diff-marker'>+</td><td style="background: #cfc; color:black; font-size: smaller;"><div>The amount, payment period, due date and acceptable methods for collection of dues shall be reviewed each year at the annual meeting, and shall be specified in the <ins class="diffchange diffchange-inline">[[Standing Rules]]</ins>.</div></td></tr>
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<tr><td class='diff-marker'> </td><td style="background: #eee; color:black; font-size: smaller;"><div>=== Section 5: Voting Membership Rights and Responsibilities ===</div></td><td class='diff-marker'> </td><td style="background: #eee; color:black; font-size: smaller;"><div>=== Section 5: Voting Membership Rights and Responsibilities ===</div></td></tr>
</table>Dosmanhttp://bloominglabs.org/index.php?title=Bylaws&diff=3827&oldid=prevDosman: /* Section 3: Voting Membership Class Election */ -- linked reference to Standing Rules to appropriate page2019-01-03T21:16:59Z<p><span dir="auto"><span class="autocomment">Section 3: Voting Membership Class Election: </span> -- linked reference to Standing Rules to appropriate page</span></p>
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<tr><td class='diff-marker'> </td><td style="background: #eee; color:black; font-size: smaller;"><div>=== Section 3: Voting Membership Class Election ===</div></td><td class='diff-marker'> </td><td style="background: #eee; color:black; font-size: smaller;"><div>=== Section 3: Voting Membership Class Election ===</div></td></tr>
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<tr><td class='diff-marker'>−</td><td style="background: #ffa; color:black; font-size: smaller;"><div>The <del class="diffchange diffchange-inline">standing rules </del>shall specify procedures for inducting new members. For purposes of these bylaws, all persons listed as initial directors on the Articles of Incorporation shall be considered the initial voting members.</div></td><td class='diff-marker'>+</td><td style="background: #cfc; color:black; font-size: smaller;"><div>The <ins class="diffchange diffchange-inline">[[Standing Rules]] </ins>shall specify procedures for inducting new members. For purposes of these bylaws, all persons listed as initial directors on the Articles of Incorporation shall be considered the initial voting members.</div></td></tr>
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<tr><td class='diff-marker'> </td><td style="background: #eee; color:black; font-size: smaller;"><div>=== Section 4: Voting Membership Dues ===</div></td><td class='diff-marker'> </td><td style="background: #eee; color:black; font-size: smaller;"><div>=== Section 4: Voting Membership Dues ===</div></td></tr>
</table>Dosmanhttp://bloominglabs.org/index.php?title=Bylaws&diff=3441&oldid=prevDakmh at 22:54, 6 November 20172017-11-06T22:54:52Z<p></p>
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<tr><td class='diff-marker'> </td><td style="background: #eee; color:black; font-size: smaller;"><div>Voting membership may be made probationary for a period of 1 month for any reason by written petition signed by more than two thirds (2/3rds) of the voting members. At the conclusion of the probationary period a second vote will be held, membership will be terminated unless two thirds (2/3rds) of the voting members vote to fully reinstate said member. Any voting member voted into probationary status more than once within a one year period shall be terminated.</div></td><td class='diff-marker'> </td><td style="background: #eee; color:black; font-size: smaller;"><div>Voting membership may be made probationary for a period of 1 month for any reason by written petition signed by more than two thirds (2/3rds) of the voting members. At the conclusion of the probationary period a second vote will be held, membership will be terminated unless two thirds (2/3rds) of the voting members vote to fully reinstate said member. Any voting member voted into probationary status more than once within a one year period shall be terminated.</div></td></tr>
<tr><td class='diff-marker'> </td><td style="background: #eee; color:black; font-size: smaller;"></td><td class='diff-marker'> </td><td style="background: #eee; color:black; font-size: smaller;"></td></tr>
<tr><td colspan="2"> </td><td class='diff-marker'>+</td><td style="background: #cfc; color:black; font-size: smaller;"><div><ins style="color: red; font-weight: bold; text-decoration: none;">=== Article III, Amendment I: Non-discrimination policy ===</ins></div></td></tr>
<tr><td colspan="2"> </td><td class='diff-marker'>+</td><td style="background: #cfc; color:black; font-size: smaller;"><div><ins style="color: red; font-weight: bold; text-decoration: none;">The Corporation does not and shall not discriminate on the basis of race, color, religion, creed, gender identity and expression, age, national or ethnic origin, disability, marital status, sexual orientation, political orientation, or military status, in any of its activities or operations. It is also The Corporation’s policy to comply with all applicable national, state, and local laws pertaining to nondiscrimination and equal opportunity. The Corporation is committed to providing an inclusive and welcoming environment for all members, clients, volunteers, and members of the local community at large. The Corporation expects all members to join with and uphold this commitment. Members of the Corporation or other individuals who believe that they have been discriminated against are strongly encouraged to report concerns to the Board of Directors.</ins></div></td></tr>
<tr><td class='diff-marker'> </td><td style="background: #eee; color:black; font-size: smaller;"></td><td class='diff-marker'> </td><td style="background: #eee; color:black; font-size: smaller;"></td></tr>
<tr><td class='diff-marker'> </td><td style="background: #eee; color:black; font-size: smaller;"><div>== Article IV: How we meet ==</div></td><td class='diff-marker'> </td><td style="background: #eee; color:black; font-size: smaller;"><div>== Article IV: How we meet ==</div></td></tr>
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<tr><td class='diff-marker'> </td><td style="background: #eee; color:black; font-size: smaller;"></td><td class='diff-marker'> </td><td style="background: #eee; color:black; font-size: smaller;"></td></tr>
<tr><td class='diff-marker'> </td><td style="background: #eee; color:black; font-size: smaller;"><div>== Adoption and amendment history ==</div></td><td class='diff-marker'> </td><td style="background: #eee; color:black; font-size: smaller;"><div>== Adoption and amendment history ==</div></td></tr>
<tr><td colspan="2"> </td><td class='diff-marker'>+</td><td style="background: #cfc; color:black; font-size: smaller;"><div><ins style="color: red; font-weight: bold; text-decoration: none;"></ins></div></td></tr>
<tr><td colspan="2"> </td><td class='diff-marker'>+</td><td style="background: #cfc; color:black; font-size: smaller;"><div><ins style="color: red; font-weight: bold; text-decoration: none;">* Amended 2017-11-06</ins></div></td></tr>
<tr><td colspan="2"> </td><td class='diff-marker'>+</td><td style="background: #cfc; color:black; font-size: smaller;"><div><ins style="color: red; font-weight: bold; text-decoration: none;">** Added non-discrimination policy amendment (Article 3, Amendment 1)</ins></div></td></tr>
<tr><td class='diff-marker'> </td><td style="background: #eee; color:black; font-size: smaller;"></td><td class='diff-marker'> </td><td style="background: #eee; color:black; font-size: smaller;"></td></tr>
<tr><td class='diff-marker'> </td><td style="background: #eee; color:black; font-size: smaller;"><div>* Amended 1-25-2015</div></td><td class='diff-marker'> </td><td style="background: #eee; color:black; font-size: smaller;"><div>* Amended 1-25-2015</div></td></tr>
</table>Dakmhhttp://bloominglabs.org/index.php?title=Bylaws&diff=2204&oldid=prevJtillots: /* Section 3: Areas in Which Conflict May Arise */2015-03-30T02:45:31Z<p><span dir="auto"><span class="autocomment">Section 3: Areas in Which Conflict May Arise</span></span></p>
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<tr><td class='diff-marker'> </td><td style="background: #eee; color:black; font-size: smaller;"><div>Conflicts of interest may arise in the relations of directors and officers with any of the following third parties:</div></td><td class='diff-marker'> </td><td style="background: #eee; color:black; font-size: smaller;"><div>Conflicts of interest may arise in the relations of directors and officers with any of the following third parties:</div></td></tr>
<tr><td class='diff-marker'> </td><td style="background: #eee; color:black; font-size: smaller;"></td><td class='diff-marker'> </td><td style="background: #eee; color:black; font-size: smaller;"></td></tr>
<tr><td class='diff-marker'>−</td><td style="background: #ffa; color:black; font-size: smaller;"><div>#Persons and firms supplying goods and services to the Corporation</div></td><td class='diff-marker'>+</td><td style="background: #cfc; color:black; font-size: smaller;"><div># Persons and firms supplying goods and services to the Corporation</div></td></tr>
<tr><td class='diff-marker'>−</td><td style="background: #ffa; color:black; font-size: smaller;"><div>#Persons and firms from whom the Corporation leases property and equipment</div></td><td class='diff-marker'>+</td><td style="background: #cfc; color:black; font-size: smaller;"><div># Persons and firms from whom the Corporation leases property and equipment</div></td></tr>
<tr><td class='diff-marker'>−</td><td style="background: #ffa; color:black; font-size: smaller;"><div>#Persons and firms with whom the Corporation is dealing or planning to deal in connection with the gift, purchase or sale of real estate, securities, or other property</div></td><td class='diff-marker'>+</td><td style="background: #cfc; color:black; font-size: smaller;"><div># Persons and firms with whom the Corporation is dealing or planning to deal in connection with the gift, purchase or sale of real estate, securities, or other property</div></td></tr>
<tr><td class='diff-marker'>−</td><td style="background: #ffa; color:black; font-size: smaller;"><div>#Competing organizations</div></td><td class='diff-marker'>+</td><td style="background: #cfc; color:black; font-size: smaller;"><div># Competing organizations</div></td></tr>
<tr><td class='diff-marker'>−</td><td style="background: #ffa; color:black; font-size: smaller;"><div>#Agencies, organizations and associations which affect the operations of the Corporation</div></td><td class='diff-marker'>+</td><td style="background: #cfc; color:black; font-size: smaller;"><div># Agencies, organizations and associations which affect the operations of the Corporation</div></td></tr>
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<tr><td class='diff-marker'> </td><td style="background: #eee; color:black; font-size: smaller;"><div>=== Section 4: Nature of Conflicting Interest ===</div></td><td class='diff-marker'> </td><td style="background: #eee; color:black; font-size: smaller;"><div>=== Section 4: Nature of Conflicting Interest ===</div></td></tr>
</table>Jtillotshttp://bloominglabs.org/index.php?title=Bylaws&diff=2203&oldid=prevJtillots: /* Section 6: Disclosure Policy and Procedure */2015-03-30T02:45:17Z<p><span dir="auto"><span class="autocomment">Section 6: Disclosure Policy and Procedure</span></span></p>
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<tr><td class='diff-marker'> </td><td style="background: #eee; color:black; font-size: smaller;"><div>=== Section 6: Disclosure Policy and Procedure ===</div></td><td class='diff-marker'> </td><td style="background: #eee; color:black; font-size: smaller;"><div>=== Section 6: Disclosure Policy and Procedure ===</div></td></tr>
<tr><td class='diff-marker'> </td><td style="background: #eee; color:black; font-size: smaller;"><div>Transactions with parties with whom a conflicting interest exists may be undertaken only if all of the following are observed:</div></td><td class='diff-marker'> </td><td style="background: #eee; color:black; font-size: smaller;"><div>Transactions with parties with whom a conflicting interest exists may be undertaken only if all of the following are observed:</div></td></tr>
<tr><td class='diff-marker'>−</td><td style="background: #ffa; color:black; font-size: smaller;"><div><del class="diffchange diffchange-inline">  1. </del>The conflicting interest is fully disclosed;  </div></td><td class='diff-marker'>+</td><td style="background: #cfc; color:black; font-size: smaller;"><div><ins class="diffchange diffchange-inline"># </ins>The conflicting interest is fully disclosed;  </div></td></tr>
<tr><td class='diff-marker'>−</td><td style="background: #ffa; color:black; font-size: smaller;"><div><del class="diffchange diffchange-inline">  2. </del>The person with the conflict of interest is excluded from the discussion and approval of such transaction;</div></td><td class='diff-marker'>+</td><td style="background: #cfc; color:black; font-size: smaller;"><div><ins class="diffchange diffchange-inline"># </ins>The person with the conflict of interest is excluded from the discussion and approval of such transaction;</div></td></tr>
<tr><td class='diff-marker'>−</td><td style="background: #ffa; color:black; font-size: smaller;"><div><del class="diffchange diffchange-inline">  3. </del>A competitive bid or comparable valuation exists; and  </div></td><td class='diff-marker'>+</td><td style="background: #cfc; color:black; font-size: smaller;"><div><ins class="diffchange diffchange-inline"># </ins>A competitive bid or comparable valuation exists; and  </div></td></tr>
<tr><td class='diff-marker'>−</td><td style="background: #ffa; color:black; font-size: smaller;"><div><del class="diffchange diffchange-inline">  4. </del>The board has determined that the transaction is in the best interest of the organization.</div></td><td class='diff-marker'>+</td><td style="background: #cfc; color:black; font-size: smaller;"><div><ins class="diffchange diffchange-inline"># </ins>The board has determined that the transaction is in the best interest of the organization.</div></td></tr>
<tr><td class='diff-marker'> </td><td style="background: #eee; color:black; font-size: smaller;"></td><td class='diff-marker'> </td><td style="background: #eee; color:black; font-size: smaller;"></td></tr>
<tr><td class='diff-marker'> </td><td style="background: #eee; color:black; font-size: smaller;"><div>Disclosure in the organization should be made to the president (or if she or he is the one with the conflict), then to the treasurer, who shall bring the matter to the attention of the board. Disclosure involving directors should be made to the president or if she or he is the one with the conflict, then to any other board member who shall bring these matters to the board or a duly constituted committee.</div></td><td class='diff-marker'> </td><td style="background: #eee; color:black; font-size: smaller;"><div>Disclosure in the organization should be made to the president (or if she or he is the one with the conflict), then to the treasurer, who shall bring the matter to the attention of the board. Disclosure involving directors should be made to the president or if she or he is the one with the conflict, then to any other board member who shall bring these matters to the board or a duly constituted committee.</div></td></tr>
<tr><td class='diff-marker'> </td><td style="background: #eee; color:black; font-size: smaller;"></td><td class='diff-marker'> </td><td style="background: #eee; color:black; font-size: smaller;"></td></tr>
<tr><td class='diff-marker'> </td><td style="background: #eee; color:black; font-size: smaller;"><div>The board or a duly constituted committee shall determine whether a conflict exists and in the case of an existing conflict, whether the contemplated transaction may be authorized as just, fair, and reasonable to the Corporation. The decision of the board or a duly constituted committee thereof on these matters will rest in their sole discretion, and their concern must be the welfare of the Corporation and the advancement of its purpose.</div></td><td class='diff-marker'> </td><td style="background: #eee; color:black; font-size: smaller;"><div>The board or a duly constituted committee shall determine whether a conflict exists and in the case of an existing conflict, whether the contemplated transaction may be authorized as just, fair, and reasonable to the Corporation. The decision of the board or a duly constituted committee thereof on these matters will rest in their sole discretion, and their concern must be the welfare of the Corporation and the advancement of its purpose.</div></td></tr>
<tr><td class='diff-marker'>−</td><td style="background: #ffa; color:black; font-size: smaller;"><div><del style="color: red; font-weight: bold; text-decoration: none;"></del></div></td><td colspan="2"> </td></tr>
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<tr><td class='diff-marker'> </td><td style="background: #eee; color:black; font-size: smaller;"><div>== Article VIII: Amendments ==</div></td><td class='diff-marker'> </td><td style="background: #eee; color:black; font-size: smaller;"><div>== Article VIII: Amendments ==</div></td></tr>
</table>Jtillotshttp://bloominglabs.org/index.php?title=Bylaws&diff=2202&oldid=prevJtillots: /* Section 4: Nature of Conflicting Interest */2015-03-30T02:44:59Z<p><span dir="auto"><span class="autocomment">Section 4: Nature of Conflicting Interest</span></span></p>
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<tr><td class='diff-marker'> </td><td style="background: #eee; color:black; font-size: smaller;"><div>A conflicting interest may be defined as an interest, direct or indirect, with any persons or firms mentioned in Section 3. Such an interest might arise through:</div></td><td class='diff-marker'> </td><td style="background: #eee; color:black; font-size: smaller;"><div>A conflicting interest may be defined as an interest, direct or indirect, with any persons or firms mentioned in Section 3. Such an interest might arise through:</div></td></tr>
<tr><td class='diff-marker'> </td><td style="background: #eee; color:black; font-size: smaller;"></td><td class='diff-marker'> </td><td style="background: #eee; color:black; font-size: smaller;"></td></tr>
<tr><td class='diff-marker'>−</td><td style="background: #ffa; color:black; font-size: smaller;"><div><del class="diffchange diffchange-inline">  1. </del>Owning stock or holding debt or other proprietary interests in any third party dealing with the Corporation</div></td><td class='diff-marker'>+</td><td style="background: #cfc; color:black; font-size: smaller;"><div><ins class="diffchange diffchange-inline"># </ins>Owning stock or holding debt or other proprietary interests in any third party dealing with the Corporation</div></td></tr>
<tr><td class='diff-marker'>−</td><td style="background: #ffa; color:black; font-size: smaller;"><div><del class="diffchange diffchange-inline">  2. </del>Holding office, serving on the board, participating in management, or being otherwise employed (or formerly employed) with any third party dealing with the Corporation</div></td><td class='diff-marker'>+</td><td style="background: #cfc; color:black; font-size: smaller;"><div><ins class="diffchange diffchange-inline"># </ins>Holding office, serving on the board, participating in management, or being otherwise employed (or formerly employed) with any third party dealing with the Corporation</div></td></tr>
<tr><td class='diff-marker'>−</td><td style="background: #ffa; color:black; font-size: smaller;"><div><del class="diffchange diffchange-inline">  3. </del>Receiving remuneration for services with respect to individual transactions involving the Corporation</div></td><td class='diff-marker'>+</td><td style="background: #cfc; color:black; font-size: smaller;"><div><ins class="diffchange diffchange-inline"># </ins>Receiving remuneration for services with respect to individual transactions involving the Corporation</div></td></tr>
<tr><td class='diff-marker'>−</td><td style="background: #ffa; color:black; font-size: smaller;"><div><del class="diffchange diffchange-inline">  4. </del>Receiving personal gifts or loans from third parties dealing or competing with the Corporation. Receipt of any gift is disapproved except gifts of a value less than $50, which could not be refused without discourtesy. No personal gift of money should ever be accepted.</div></td><td class='diff-marker'>+</td><td style="background: #cfc; color:black; font-size: smaller;"><div><ins class="diffchange diffchange-inline"># </ins>Receiving personal gifts or loans from third parties dealing or competing with the Corporation. Receipt of any gift is disapproved except gifts of a value less than $50, which could not be refused without discourtesy. No personal gift of money should ever be accepted.</div></td></tr>
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<tr><td class='diff-marker'> </td><td style="background: #eee; color:black; font-size: smaller;"><div>=== Section 5: Interpretation of this Statement of Policy ===</div></td><td class='diff-marker'> </td><td style="background: #eee; color:black; font-size: smaller;"><div>=== Section 5: Interpretation of this Statement of Policy ===</div></td></tr>
</table>Jtillots