This By-Laws document contains the following information: the name and location of the corporation, the shareholders, and the duties of the officers.
Bylaws Of The Corporation For Public Broadcasting In Sacramento
Category:
State:
Multi-State
County:
Sacramento
Control #:
US-00444
Format:
Word;
Rich Text
Instant download
Description
Free preview
Form popularity
FAQ
By-laws Adoption. – Every corporation formed under this code, must, within one month after receipt of official notice of the issuance of its certificate of incorporation by the Securities and Exchange Commission, adopt a new code of by-laws for its government not inconsistent with this code.
Corporate bylaws are a company's foundational governing document. They lay out how things should run day-to-day and the processes for making important decisions. They serve as a legal contract between the corporation and its shareholders, directors, and officers and set the protocol for how the organization operates.
Does California Require Corporate Bylaws? No. The California Corporations Code does not explicitly state that corporations must have corporate bylaws.
1. DIRECTORS: Not less than three, unless there are only one or two shareholders of record, in which case the number of directors may be less than three but not less than the number of shareholders. 2. OFFICERS: The three required positions are President, Secretary and Treasurer.
LLCs are not required to have bylaws. However, they are governed by an operating agreement which is like a corporation's bylaws.
Since 1968, CPB has been the steward of the federal government's investment in public broadcasting and the largest single source of funding for public radio, television, and related online and mobile services. CPB funding is the “public” foundation of our nation's public-private public media partnership.
Commercial radio stations are run for profit and funded by advertising.
The Public Broadcasting Act of 1967 established the Corporation for Public Broadcasting (CPB), a private, non-profit corporation managed by a nine-member board appointed by the President and approved by the Senate to funnel government support to public stations and producers nationwide.
Stations rely on generous donations from viewers like you, corporate sponsorships, and foundation grants to cover the rest of their operating budget. Part of each station's operating budget is programming dues which it pays to PBS (and NPR) for National programming like PBS News Hour.
CPB is a private nonprofit corporation that is fully funded by the federal government. Less than 5% is allocated to administrative costs – an exceptionally low overhead rate compared with other nonprofits.
