05.03.2014 Views

IPHC Church Manual - Extension Loan Fund

IPHC Church Manual - Extension Loan Fund

IPHC Church Manual - Extension Loan Fund

SHOW MORE
SHOW LESS

You also want an ePaper? Increase the reach of your titles

YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.

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

Hooray! Your file is uploaded and ready to be published.

Saved successfully!

Ooh no, something went wrong!