Potential Policies Your Chapter May Need
Budget - Process / Approvals
Dues - How are they set? When can they change?
Reimbursement to Members/Employees - When? How much?
Financial Reporting - How often? Audited vs. Non-Audited
Exempt Status - Group Exemption Election - Are we to be included?
Support to Be Provided for any Chapter Foundation/PAC
Banking - How many accounts? How many signatures?
Investments - How may excess funds be invested?
Borrowing - Who may initiate? When?
Capitalization - Who may authorize purchase of fixed assets?
Conflicts of Interest
Directors & Officers Liability
Is there an insurance policy?
Is there protection in the Articles of Incorporation?