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Unit 446 AgreementACBL Unit Agreement A. The relationship between ACBL and each of its chartered units is that of independent organizations. B. The application for and acceptance of a charter constitutes an agreement to the following: A Unit in good standing of the ACBL shall agree to the following: Units of the American Contract Bridge League (ACBL) are authorized by and accountable to the ACBL Board of Directors and ACBL management in the operation of sanctioned bridge activities by means of a charter process. Units must be organized and operated in accordance with the purposes of ACBL. They must comply with ACBL Bylaws, rules and regulations, as well as with all governmental (national, state, provincial and local) laws, rules and regulations. Failure to comply may result in censure, suspension, expulsion or other discipline in accordance with regulations established by the ACBL Board of Directors. The relationship of the ACBL to each of its chartered Units is that of an independent organization. This relationship shall not create any association, joint venture, partnership or agency relationship of any kind between a Unit and the ACBL. Unless expressly agreed to in writing, neither party is authorized to incur any liability, obligation or expense on behalf of the other, to use the other's monetary credit in conducting its activities or to represent to any third party that either is an agent of the other. • A Unit warrants that it is incorporated as a nonprofit corporation in good standing or that it is an unincorporated association in good standing as defined by the state or other government authority in which the Unit has its primary place of business, and that it shall remain in good standing. • A Unit shall support the mission, vision, goals and objectives of the ACBL as appropriate to the Unit. • A Unit accepts and acknowledges that it has been granted a conditional Charter under the authority of the ACBL. Further, this Unit accepts and acknowledges that the privileges granted to the Unit under this conditional Charter may be withdrawn according to the rules and regulations of the ACBL. • A Unit shall bear sole and complete responsibility and liability for its financial affairs. On an annual basis, any excess of unit revenues over expenditures shall remain under the control of this Unit. This Unit also shall bear sole and complete responsibility for any deficit of unit revenues over expenditures. C. By acceptance of its portion of membership dues reimbursement, each existing chartered unit shall re-affirm its agreement to the above. |
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