7 Branches
7.1 Fiscal Years
Branch fiscal years shall be January 1 to December 31.
7.2 Annual Branch Reports
Annual Branch Reports are due at the Annual General Meeting. Annual Branch Financial Reports and an
inventory of Branch assets are to be filed with the Region within 60 days of December 31 of each
year.
7.3 Inactive or Disbanding Branches
If a branch becomes Inactive or is Disbanding, the following applies:
- The Regional Committee has the right to declare a branch Inactive by virtue of having no
members in a given year. A Branch has the right to request that it be declared Inactive in
anticipation that it will start up again. An inventory of assets and funds shall be delivered
to the SLOV region within 90 days and will be held on record by the Treasurer. Inactive
Branches will be reviewed annually by the Region.
- The Regional Committee has the right to declare an Inactive Branch Disbanded if it has been
inactive for two years. It shall be the duty of the last District Commissioner to compile or
arrange for assets to be delivered to the SLOV region within six months. Branches have the
right to request disbanded status from the Region. Branches wishing to be disbanded must
forward all Branch assets to the Region.
- All assets of a Disbanded Branch become the property of the Region and must be forwarded
to the Regional Treasurer within six months.
- The web site of a disbanded Branch shall be taken offline.
7.4 Minimum Branch Size and Branch Names
The SLOV Region shall encourage the formation of Branches with a minimum of five Active Members.
The Canadian Pony Club Inc. shall have final approval of the Branch name.