[Eg-oversight-board] Follow up phone call with attorney

[Jessica Woolford]

Hi all,

I spoke with Jonathan this afternoon. He had the following feedback for us:

In regards to our question about the Registered Agent, as far as he is
concerned, he doesn't mind if we keep the registered agent as MOBIUS, and
long as we are confident that any documents that are mailed to them on our
behalf will be received by us. If we choose to change the Registered Agent
to the law firm, they have an entity called S and B Corporate Services that
they use for this. He assured me that any mail they receive for us will get
to us, if we make the change, and that the change would be relatively quick
and could be done online.

For the bank account, he said that is does not matter if the account is in
MO, as long as the treasurer has easy access to it. He says because we are
so scattered and the treasurer could be in different states from year to
year, we may be better off looking for a bank that is easy to do business
with online, rather than looking for one with physical locations in certain
areas. I forgot to ask him about the address while we were on the phone,
but I sent him a follow up email.

He will be sending out his comments on the 1023 in an email next week. He
wanted to make sure that would not hold us up, and I said no, the SFC is
still working on the draft agreement. The email will go to me and Mike, as
I will be on vacation next week and don't want to hold up the process.
There were two items he mention to me on the phone:

For Part III item 2, he noted that when they file for other organizations,
there are usually 4 -5 clauses under dissolution, and we only have 2 -3.
Since the documents were drafted under MOBIUS' advisement, he would like us
to check with them and see if they have the same number of clauses in their
bylaws. That would save us the time of having to amend our bylaws. I
couldn't find a purpose clause in the bylaws for Part III item 1, but I
don't recall him saying that was missing. Hopefully, that will be clarified
in his email.

For Part I Item 7, we have checked off "Yes" to the authorized
representative question. He wants to know if that is SBG (I assume so) and
if so he will send us a Form 2848.

I'm not going anywhere next week, just hanging out with my mom who will be
in from out of state, so I will check email sporadically.

Thanks, all! Have a great weekend!
Jessica

-- 
Jessica Woolford
Evergreen Systems Manager
Bibliomation, Inc.
24 Wooster Ave.
Waterbury, CT 06708
203-577-4070 ext. 105
-------------- next part --------------
An HTML attachment was scrubbed...
URL: <http://list.evergreen-ils.org/pipermail/eg-oversight-board/attachments/20181116/a882fac6/attachment.html>