IV. Expenses
FIscal policies handbook IV. Expenses IV.A Honoraria and Reimbursements Honoraria for Officers The Board sets honoraria for special officers at the Spring Board meeting. The Board voted to accept and…
V. Budgeting
fiscal policies handbook V. Budgeting VA. Budgeting and Expenditure The Board approves an annual operating budget prepared by the Finance Committee for each fiscal year, authorizes expenditures as specified therein…
VI. Investments
fiscal policies handbook VI. Investments The basic strategy for all MLA investments is to achieve satisfactory earnings with reasonable risk. MLA mutual fund investments are open to all investment options…
VII. Award and Endowment Funds
fiscal policies handbook VII. Award and Endowment Funds VII.A General All awards are set at the Winter Meeting (Board Minutes, 06/2016, 07.) See note about Bradley below since it is…
II. Control Environment
FISCAL POLICIES handbook II. Control environment II.A non-profit status and tax exemption The Association is a non-stock, non-profit corporation organized and operated exclusively for said purposes. No part of the…