[grc] California Attorney General To Audit Pacifica

[MichaelP]

On Tue, 30 Dec 2014, Rip Robbins wrote:

A lesson to stations about keeping good financial records, although this 
problem is mostly convoluted by having 5 stations scattered across country 
with different management and financial administrations.


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I have to remind folk that the 5 scattered stations are part of a single 
CAL corporation, and that it's the CAL code which defines what corporate 
records must be kept, for how long, and which of them may be inspected or 
copied by a member, and what powers the Cal AG has to supervise the 
complete 5-piece band.

He has to be able to dig into the records - charity non-profits are 
notorious for lack of oversight of individual items like endorsed checks.


More to the point is that the complete Pacifica setup is what it is 
because the articles and bylaws have been approved by vote of the 
membership;  we can dream up all sorts of models for the 5 stations, but 
if those models don't fit with the current bylaws it may be necessary to 
have the members vote to amend the bylaws.

That is quite difficult to accompiish, and I don't think the CAL ag has 
the authority to do it. But he can require the Corporation to clean up its 
act and that's where corporate governance is important


Michael