Cattle Enhancement Board Inc

“The executive committee shall have the power to transact and supervise all regular and ordinary business of the board of directors between meetings of the board of directors provided any action taken shall not conflict with the policies of and expressed wishes of the board of directors, and shall not concern matters of significant budget impact, matters of priority action, or actions in conflict with the purpose or provisions of these bylaws, the articles of incorporation, or the laws of the state of florida. The executive committee shall be convened when it is not realistically possible to obtain a full board quorum to address matters of ordinary business that require board approval, but that do not have significant budget impact (in excess of a threshold to be determined by board action prior to any action of the executive committee) or do not establish or alter standing policy or procedures. An example would be time-sensitive endorsement of or commitment of in kind cost-share to applications for external (non-corporate) funding that support the corporation's research program goals. Approval of committee recommendations to the board of directors that are time-sensitive and operational in nature might also be considered by the executive committee to expedite committee or staff follow through. Items that are not time sensitive would be deferred to a forthcoming board of directors meeting. Time-sensitive items do not require formal board action but are brought forth from staff seeking guidance might also be considered by the executive committee. All items considered by and actions taken by the executive committee will be reported to the full board through written minutes and report to the next board meeting.”

“The following organizations have the power to appoint board members: - florida cattlemen's association (nine members) - florida dairy farmers inc (one member) - florida farm bureau inc (one member) - florida cattlewomen inc (one member) - florida dept. Of agricultire and consumer services (one member) - the president of the university of florida, or their designee, also directly appoints two additional members.”

“The president of the university of florida, or their designee, will ratify the appointments to the board of the organizations listed on part vi, line 7a.”

“A draft copy of form 990 is presented to the governing body prior to filing with the irs for their review and approval.”

“Annual renewal of the conflict of interest declaration forms and review by the board should coincide with the reappointment or replacement of committee members, as well as appointment of board staff and renewal of contracts for project and program managers. This timeline specifies that final approval of potential conflicts of interest that require management be endorsed at the july board meeting each year. Distribution of renewal declaration forms to all persons covered is scheduled for june 1, allowing about 7 weeks for return. Reminders are distributed regularly to encourage full compliance.”

“All governing documents, conflicts of interest policy, financial statements and tax returns are available to the public upon request.”