CYC Proposed Bylaw Change
The newsletter sent earlier indicates that the proposed conflict of interest policy was read during the January GM meeting and has been posted on the bulletin board since that meeting. I have attached policy (Appendix A and Appendix B) for your review. Please note that this addition is due to NYS and IRS requirements for not for profit organizations to have a conflict of interest policy incorporated in their bylaws.
Please let me know if you have any questions or comments prior to our Friday General Membership meeting during which we will be voting on the attached addition to our by-laws.
Cornwall Yacht Club Secretary