[Lnc-business] Financial transactions with LNC members

[Tim Hagan]

That's correct, Whitney. 

I worded the proposed language to prevent any sweetheart deals without
LNC approval. I don't know of any having occurred; it's a preventative
measure for the future.

---
Tim Hagan
Treasurer, Libertarian National Committee 

On 2020-06-18 18:37, Whitney Bilyeu wrote:

> Ok. I think what Tim is saying is that unless we add the proposed language, then the current policy requires LNC approval for any of us to exchange money with the Party for merchandise, or convention packages or accommodations. 
> 
> Tim, am I capturing that correctly? 
> 
> On Thu, Jun 18, 2020, 8:34 PM Whitney Bilyeu <whitney.bilyeu at lp.org> wrote: 
> What is happening here? 
> 
> On Thu, Jun 18, 2020, 7:48 PM Tim Hagan via Lnc-business <lnc-business at hq.lp.org> wrote: Motion 200511-1 added to the Policy Manual that "Other Financial
> Transactions" with LNC members, JC members, and related parties need a
> 3/4 vote of the LNC. My understanding is that a financial transaction is
> an exchange of money for goods or services. We have financial
> transactions done after this motion passed that need approval. If the
> approval cannot wait until our July 8 meeting (I think it can wait.),
> then I need co-sponsors for a motion to approve for Caryn Ann Harlos to
> purchase a convention suite, and for Caryn Ann Harlos and Susan Hogarth
> to purchase items from the LPStore. 
> 
> I request an agenda item for the July 8 meeting to move to add at the
> end of Policy Manual Section 2.01, Subsection 3: 
> 
> Other Financial Transactions does not include purchases of convention
> packages, convention tickets, convention tables, convention suites, or
> LPStore merchandise as long as they are purchased at the same rate that
> is offered to other party members. 
> 
> ---
> Tim Hagan
> Treasurer, Libertarian National Committee