WreckinGT
Helluva Engineer
- Messages
- 3,159
Troll troll troll your boat.Why throw facts into the mix?
Troll troll troll your boat.Why throw facts into the mix?
I wouldn't describe internet message board discussions among people who are not members of the bar as "legal" discussions.This assumes that the absence of language in the bylaws guiding dissolution requires a revote and doesn't follow normal North Carolina state law on dissolution of non profits. There are plenty of legal discussions on this matter out there.
Did you consult with some lawyers when you decided that the dissolution of the conference required an amendment to the bylaws?I wouldn't describe internet message board discussions among people who are not members of the bar as "legal" discussions.
Thanks for that link.OK, how about a source that proves you wrong?
The ACC bylaws require a 3/4 majority to make any changes to the bylaws. The bylaws have nothing in them about dissolving the conference.
Troll troll troll your boat.
I read and posted a link to the bylaws. So far, you have not linked to anything. You have posted a lot of "fanboy" internet message board talking points. If you have a link to the North Carolina law about dissolution of non-profits, please post it so I can review it to see if it might be applicable. However, I am not going to be impressed, amused, nor intimidated by constant nonsensical posts of how you think things might should maybe be.Did you consult with some lawyers when you decided that the dissolution of the conference required an amendment to the bylaws?
God, this really got you riled up for some reason didn't it? Answer this. Why do North Carolina state laws on dissolution of non profit organizations not apply to the ACC, a North Carolina non profit organization that did not define any guidelines for dissolution?I read and posted a link to the bylaws. So far, you have not linked to anything. You have posted a lot of "fanboy" internet message board talking points. If you have a link to the North Carolina law about dissolution of non-profits, please post it so I can review it to see if it might be applicable. However, I am not going to be impressed, amused, nor intimidated by constant nonsensical posts of how you think things might should maybe be.
So, I looked up the North Carolina law on dissolution of non-profits. 55A-14-02 covers dissolution. IF the non-profit doesn't have a higher threshold for voting requirements, it requires: A) A vote by the board. B) A 2/3 majority of all members with voting authority. and C) Approval in writing by anyone who is required to approve dissolution.This assumes that the absence of language in the bylaws guiding dissolution requires a revote and doesn't follow normal North Carolina state law on dissolution of non profits. There are plenty of legal discussions on this matter out there.
Why should I answer that? I posted proof that even if that law does apply, it requires a 2/3 majority which for the ACC is greater than 8 members. There might could be some legal argument about whether dissolution is a change to the bylaws or not. However, even if dissolution doesn't affect the bylaws(which is hard to believe) it would still require 10 votes based on the law that you want to follow.God, this really got you riled up for some reason didn't it? Answer this. Why do North Carolina state laws on dissolution of non profit organizations not apply to the ACC, a North Carolina non profit organization that did not define any guidelines for dissolution?
If you are going to post it then post the whole thing, not just want you want to be true.So, I looked up the North Carolina law on dissolution of non-profits. 55A-14-02 covers dissolution. IF the non-profit doesn't have a higher threshold for voting requirements, it requires: A) A vote by the board. B) A 2/3 majority of all members with voting authority. and C) Approval in writing by anyone who is required to approve dissolution.
Once again the message board legal analysts seem to discuss what they want to be true instead of what actually is true.
§ 55A-14-02. Dissolution by directors, members, and third persons.
(a) Unless this Chapter, the articles of incorporation, bylaws, or the board of directors or
members (acting pursuant to subsection (c) of this section) require a greater vote or voting by class,
dissolution is authorized if a plan of dissolution meeting the requirements of G.S. 55A-14-03 is
approved:
(1) By the board;
(2) By the members entitled to vote thereon, if any, by two-thirds of the votes cast
or a majority of the votes entitled to be cast on the plan of dissolution, whichever
is less; and
(3) In writing by any person or persons whose approval is required by a provision of the articles of incorporation authorized by G.S. 55A-10-30 for an amendment to the articles of incorporation or bylaws.
Sadly I think “the entire ACC gets left behind for football and eventually everything else” is more likely than anything more dramatic, but… 14 years is a long time, if anyone gets desperate things seem like they could get real fun to watch. Or maybe by 2030 everyone just recognizes it’s a suicide pact, ESPN included, and goes back to the table.Thanks for that link.
To be completely frank, nothing is going to happen toward disbanding the conference. While the media contract with ESPN is crazy in today's media environment, the conference is working very well for every member. There are fans that see what they perceive as greener grass just beyond the fence line, but the people who make those decisions have said nothing that could be construed as being in favor of disbanding. Nothing.
What is different about what I said and what the law says? A) by the board B) 2/3 majority of the members and C) In writing by anyone who is required to approve. That is what I said, and that is what the law says.If you are going to post it then post the whole thing, not just want you want to be true.
No. It does not take a unanimous vote to dissolve the conference. It might for the GOR, but not for dissolution. If the conference doesn't exist, then the GOR no longer exists. This is the nuclear option, but it's not an all or nothing. Very difficult thing to do, but it's not out of the realm of possibility and would absolutely end up in Court. It's all about Interested Parties and Disinterested Parties.What makes you believe 8 teams can dissolve the conference?
The GOR language says that the GOR can only be modified or dissolved if every current member agrees to dissolve it. Use GT just as an example. If every school but GT were to leave the ACC, Gt could invite 7 G5, or even 7 FCS schools to join the conference. Negotiate a limited payout to those schools ($20-30 million) and GT could make $400 million per year on the broadcast rights of the schools that left the ACC. Why would the remaining school(s) in the ACC agree to give up $600 million to $1 billion per year? There would not be enough incentive to appease the schools leaving to do that.
It would take a lot more than 8 schools deciding to leave to get rid of the GOR.
I never said it took unanimous vote to dissolve the conference.No. It does not take a unanimous vote to dissolve the conference. It might for the GOR, but not for dissolution. If the conference doesn't exist, then the GOR no longer exists. This is the nuclear option, but it's not an all or nothing. Very difficult thing to do, but it's not out of the realm of possibility and would absolutely end up in Court. It's all about Interested Parties and Disinterested Parties.
Pretty sure it takes a Supermajority to dissolve the conference. But, that's a supermajority of "disinterested parties," which is a real grey area.He isn't reading it anywhere. It takes an absolute majority of 3/4 of the directors to suspend or expel a program but a simple majority to dissolve? ok...
Agreed. But you can get out of the GOR without unanimous agreement. That was my point. VERY hard, but not impossible.I never said it took unanimous vote to dissolve the conference.
Added more to my original post to qualify what I was saying "no" to.I never said it took unanimous vote to dissolve the conference.
In the bylaws 1.5.1.3 withdrawing and/or expelled members are automatically removed from boards and lose their ability to vote. I didn't see anything that indicates that schools that want to leave, but haven't withdrawn are labeled as disinterested parties and lose their vote.Pretty sure it takes a Supermajority to dissolve the conference. But, that's a supermajority of "disinterested parties," which is a real grey area.