Document:LNC Resolution 7-8 December 1985 Regarding Limiting Cost Overruns
Resolved at the December 7-8 1985 LNC Meeting:
LIMIT COST OVERRUNS: RESOLVED, that spending against an expense account shall not exceed the budgeted amount by more than $1000 without 11) the written approval of the National Chair, National Treasurer, and National Director, or 12) the approval of the National Committee. The written approval must include the amount that the account can be overspent without obtaining additional approval.
Note: This was indexed in an official Resolution Index and identified as Resolution 287 therein. It is noted that this was amended at the September 2, 1987, and December 6, 1987 meetings. This is the amended language.