Section 1. Headquarters. The Board will determine the headquarters of this organization.
Section 2. Fiscal Year. The fiscal year of this organization shall commence on July 1st and end on June 30th of the following calendar year.
Section 3. Budget. The Annual Budget, as approved by the Board, will be presented at each Annual Meeting. This budget shall include sufficient resources to permit the effective operation of the programs and services of the Region to its member congregations.
Section 4. Parliamentary Procedure. When not inconsistent with law or these Bylaws, the parliamentary rule and usages set forth in the current edition of Robert’s Rules of Order (Newly Revised) shall govern all MidAmerica Region Business Meetings and meetings of the Board.
Section 5. Member Congregation Dissolution. All property, or net sale proceeds therefrom, received by the Region from a dissolved or inactive congregation shall be held separately and allocated as if in trust for a period of five (5) years. During this time, the principal and the net income received from investment of the funds or rental or lease of the real estate of said congregation shall be used only for aiding a successor or new congregation in the same geographical area, as may be determined by the Board. After five (5) years all remaining funds, income, or property may, by action of the Board, revert to the Region.
Section 6. Reports. All reports and notices required by Bylaws may be published electronically.