The Bylaws of Ace Monster Toys are stored on github: Ace Monster Toys Bylaws
Note: Ace Makerspace is the doing business as (dba) name for Ace Monster Toys.
A Few Key Things it Says in the Bylaws*
- Legal Name of Nonprofit Corporation: Ace Monster Toys
- Number of Board Members: 5 directors
- What is the number for a quorum? 3 directors
- How many years in a term? 1 year term
- Are there term limits? No
- What are the officer positions? President, Secretary, Treasurer
- How can the bylaws be changed? “By approval of the members” or “by approval of the board of directors unless the bylaw amendment would materially and adversely affect the rights of members”
- And a Yes/No checklist:
- Are board members indemnified? Yes
- Is there a procedure for removal of a board member? Yes
*The bylaws are the governing document and not this list of a few key things.