The Round-Up Association

“Significant changes to the organization's bylaws: 1. Article i was expanded from three sections to six. The changes include, stockholder voting and proxy age requirement of 18 years, entity stockholders requirement to appoint a singular voting delegate, and a requirement that all stockholders respond to a notice of intent to validate their roll membership within one year of notice. 2. Article ii was expanded from seven sections to nine. The changes include, removing the 5% capital stock requirement to establish a quorum of stockholders, and added the option to create an inspector panel for the oversight of all election or voting decisions. 3. Article iii added two sections, which require nominees to the board to have one calendar year as a registered volunteer or unanimous vote of all sitting directors, and allows directors limited contract signing authority if co-signed by president. 4. Article x expands the scope and notification to stockholders regarding amendments, and stipulates that all law changes be verified by legal counsel prior to presentation for voting by the body.”

“There is a single class of stockholders that have the right to elect members of the governing body.”

“Stockholders may elect and remove members of the board, and ratify changes to bylaws.”

“Internal review is completed by accounting & finance manager and general manager, and forwarded to bod treasurer & president.”

“All officers, directors and employees are provided with a copy of the conflict of interest policy to review and they must acknowledge in writing that they have done so. The conflict of interest policy is reviewed annually by each member of the board of directors and changes are communicated to all staff and volunteers. Conflicts of interest are disclosed and recorded in the minutes of the meeting. A person who has a conflict of interest must refrain from voting and may not be present in the meeting room when the vote is taken.”

“The organization's governing documents, conflict of interest policy, and financial statements are available upon request.”

“Casey beard received $105,362 in compensation from the round-up association. Happy canyon company and the round-up association had casey oversee the day to day activities of both organizations as general manager. Happy canyon and the round-up association have a cost sharing agreement that includes an allocation of his wages.”