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ARTICLE 8 – MISCELLANEOUS

8.01 Compensation. The Executive Committee shall be authorized and empowered to establish and pay reasonable compensation, consultant fees or other expenses for Officers or other agents of the Society for services rendered to the Society.

8.02 Fiscal Year. The fiscal year of the Society shall be the calendar year and the financial books and records shall be kept on the cash accounting basis.

8.03 Minutes of the Meetings. All minutes of annual or Committee meetings of the Society and of the Executive Committee shall be approved by the Executive Committee.

8.04 Waiver of Notice. Whenever any notice is required to be given by law, the Articles of Incorporation or these Bylaws, a waiver of such notice may be executed electronically or in writing by the person or persons entitled to the notice, whether before, during, or after the times stated therein, and such waivers shall cost the equivalent of receiving such notice.

8.05 Indemnification of Officers. The Executive Committee may exercise the full extent of the powers which the Society has under California law, as such law exists from time to time, to indemnify directors, Officers, or agents of the Society that are or were serving at its request or by its election as a Member or Officer of another corporation or organization. Such expenses shall include attorney’s fees, judgments, fines, amounts paid in settlement and amounts otherwise reasonably incurred. The Executive Committee may make advances against such expenses upon terms decided by it. The Executive Committee may exercise the full extent of the powers which the Society has under California law, as such law exists from time to time, to purchase and maintain insurance against the risks above described on behalf of the directors, members, Officers, or agents.

8.06 Liability. Any party having claims against the Society or any Officer or members of the Society may look only to the Society for redress of such claims so that Individual Members acting on behalf of the Society shall not be personally liable.

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Tel
: + 1 323 342 6459

E-mail: mkim@intris.org

www.intris.org

IntRIS was formed in 2017 as a non-profit membership organization, classified by the IRS as a 501(c)6.
Our mailing address is 1355 San Pablo Street, Los Angeles, CA 90033.
Tax ID number and IRS form W-9 will be provided on request.

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