I was reading the national bylaws the other day. It states that you can give a one time donation to another nonprofit group when you disband. The problem with that is that if you are a registered 501c3 then the federal government says you can't.
If on the other hand you spent down the PTA funds, prepay for events or something, then their will be no funds to take control of. As for the books they have the right and the moral obligation to ask for them. You should have had your plans all laid out before you voted to disband. If the vote had been on a question such as "Should we disband On June 30, 2007" then I think you would have been alright.
Hi, Sorry for all the posts and questions! Our council PTA has made the expected call to ask for our books, money, etc. after we had our disband vote. Of course, I told her that she needs to follow procedure and file a change-of-status-disband form with the state, as specified in the state's bylaws. Her argument was that "you disbanded, you are no longer a PTA!"
Long story short, she will follow procedure, but my question is, when are we officially no longer a PTA? I was assuming it takes effect on June 30th, and not on the date of our vote!
Is there anything stated anywhere that a unit is no longer a PTA after the vote to disband, or after the forms are filed? I'd like to use this argument to tell her that we have obligations to fulfill as a PTA until June 30th, and that we cannot surrender anything until then. But I'd also like to have some back-up before I tell her that!