IPHC Church Manual - Extension Loan Fund
IPHC Church Manual - Extension Loan Fund
IPHC Church Manual - Extension Loan Fund
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Bylaws<br />
Article I. Organizational Structure – General Level<br />
(f) Executive Director of Discipleship<br />
Ministries, seat and voice only<br />
(2) The members of the Communication<br />
Services Board, other than the Chairman<br />
and the Director of Communication<br />
Services, shall be recommended by the<br />
General Superintendent and approved by<br />
the Executive Committee.<br />
5) <strong>IPHC</strong> Financial Services<br />
<strong>IPHC</strong> Financial Services includes the functions of<br />
the IPH Foundation and the <strong>Extension</strong> <strong>Loan</strong> <strong>Fund</strong>.<br />
In order to protect the assets of the International<br />
Pentecostal Holiness <strong>Church</strong>, Inc., the operations<br />
of <strong>IPHC</strong> Financial Services shall be conducted<br />
through one or more separate corporate entities in<br />
a manner that protects the International<br />
Pentecostal Holiness <strong>Church</strong>, Inc. The specific<br />
corporate structure of <strong>IPHC</strong> Financial Services shall<br />
be determined by the Council of Bishops in<br />
consultation with general counsel.<br />
a) IPH Foundation, Inc.<br />
The IPH Foundation, Inc., is a separately<br />
incorporated entity. Accordingly, the structure<br />
and governance of the Foundation are<br />
determined by its articles of incorporation and<br />
bylaws.<br />
b) International Pentecostal Holiness <strong>Church</strong><br />
<strong>Extension</strong> <strong>Loan</strong> <strong>Fund</strong>, Inc.<br />
The International Pentecostal Holiness <strong>Church</strong><br />
<strong>Extension</strong> <strong>Loan</strong> <strong>Fund</strong>, Inc., is a separately<br />
incorporated entity. Accordingly, the structure<br />
and governance of the <strong>Extension</strong> <strong>Loan</strong> <strong>Fund</strong><br />
are determined by its articles of incorporation<br />
and bylaws.<br />
6) Superintendent and Conference Development<br />
102