"B. Lafferty" wrote in message
link.net...

Assuming USCF is incorporated in TN,

Illinois

read the following and ask youself whether or not financial dealings of
the Board can be kept confidential at all, and if so, for how long.

The point I repeated viz. Marinello is that its not the board, its a board
member acting without the knowledge of the full board, nevermind their
permission. I don't know to what degree Illinois law varies from those you
cite for TN, but I suspect that under law, there is not substantial
difference.

Marinello raises the proper point that this is not only beyond any powers
extended to the President of the board, it is not even in their knowledge or
permit.

She asks in effect, how can mentioning the name of the potential contractee
be worthy of censure, from precedent or board confidance, and instead, is
not the behavior of the president out-of-order?

She cannot raise this issue at USCF's own forum, which is utterly
remarkable, and it is left to me, not any particular admirer of her own
representation or her own presidency, to raise the point here, where it can
be noticed.

It is a fair point which Bill Goichberg might well acknowledge to his
credit, rather than stonewall, and thus up the ante to the calls for
resignation. I like Bill Goichberg as much as Mz Marinello, which is not to
great degree, yet I do respect what they both try to do, and credit them
with the intention to get things done, even if it must be at such personal
levels of exposure.

What is absent in a mature organisation is something replacing personality -
and that is system. Better businessnes know this, and there are really no
excuses for failing to systematise routine and repetitive events, and there
is only risk and double-edged worth of persisting in personalising issues to
this, frankly amateur, extent.

Like Kirsan for Fide, things will happen 'soon' he says, and so will a
sponsor for the US Championship happen 'soon'. I expect prospective
participants in the national championship will have cleared their calendars
for 'soon' month, no?

Phil


(a) Subject to § 48-66-103(c), a member is entitled to inspect and
copy, at a reasonable time and location specified by the corporation, any
of the records of the corporation described in § 48-66-101(e) if the
member gives the corporation a written demand at least five (5) business
days before the date on which the member wishes to inspect and copy.



(b) A member is entitled to inspect and copy, at a reasonable time
and reasonable location specified by the corporation, any of the following
records of the corporation if the member meets the requirements of
subsection (c) and gives the corporation written notice at least five (5)
business days before the date on which the member wishes to inspect and
copy:





(1) Excerpts from any records required to be maintained under §
48-66-101(a), to the extent not subject to inspection under subsection
(a);





(2) Accounting records of the corporation; and





(3) Subject to § 48-66-105, the membership list.





(c) A member may inspect and copy the records identified in
subsection (b) only if:





(1) The member's demand is made in good faith and for a proper
purpose;





(2) The member describes with reasonable particularity the
purpose and the records the member desires to inspect; and





(3) The records are directly connected with the purpose for
which the demand is made.





(d) The right of inspection granted by this section may not be
abolished or limited by a corporation's charter or bylaws.





(e) This section does not affect:





(1) The right of a member to inspect records under § 48-57-201
or, if the member is in litigation with the corporation, to the same
extent as any other litigant; or





(2) The power of a court, independently of chapters 51-68 of
this title, to compel the production of corporate records for examination.





[Acts 1987, ch. 242, § 16.02.]