Mich. Admin. Code R. 432.201 - Qualification requirements
Rule 201.
(1) Each
applicant applying for a millionaire party license who has not previously
qualified shall first submit qualification information as required by the
executive director.
(2) Each
applicant shall provide proof that its bylaws, constitution, articles of
incorporation, or the bylaws or constitution of its parent organization,
include a statement of dissolution. The statement of dissolution must state
that all assets of the qualifying organization remaining upon dissolution,
after satisfying its debts, be distributed to the local government or another
nonprofit organization.
(3) The
executive director may require a previously qualified organization to submit
updated qualification information to assure the organization's continued
eligibility under the act.
(4) In
addition to the requirements of the act, the executive director shall consider
certain factors when determining if an applicant or licensee qualifies as a
branch, lodge, or chapter. These factors include, but are not limited to, the
following:
(a) Charter or a similar document
issued by the national or state organization upon acceptance as a branch,
lodge, or chapter.
(b) Conditions
established by the national or state organization for the revocation or
suspension of the charter or relationship.
(c) Dues or financial support submitted to
the national or state organization by the branch, lodge, or chapter.
(d) Degree of control exerted by the national
or state organization over the activities of the branch, lodge, or
chapter.
(e) Oversight and control
provided by the national or state organization over the financial affairs of
the branch, lodge, or chapter, including the audit of financial records of the
branch, lodge, or chapter.
(f)
Standard bylaws adopted by the branch, lodge, or chapter or bylaws submitted to
the national or state organization for approval.
(g) Appointed or elected officers of the
branch, lodge, or chapter who are responsible for the activities of the branch,
lodge, or chapter.
(h) Ability of
the branch, lodge, or chapter to influence activities, normally demonstrated by
voting privileges, at the state or national level.
Notes
State regulations are updated quarterly; we currently have two versions available. Below is a comparison between our most recent version and the prior quarterly release. More comparison features will be added as we have more versions to compare.
No prior version found.