Official Handbook Source Text
Handbook page 120
Source: LCMS Handbook 2023, page 120.
This page reproduces text from the 2023 LCMS Handbook for study and navigation. Readers should verify procedural, legal, parliamentary, or governance questions against the official LCMS Handbook and appropriate LCMS authorities.
property of the Synod as is generally vested in and imposed upon a board of directors of a corporation.
(a) It shall, however, delegate to district boards of directors the authority to buy, sell, and encumber real and personal property in the ordinary course of performing the functions which the district carries on for the Synod in accord with general policies (which shall be applicable to all districts) established from time to time by itself or the Synod in convention.
(b) It may, however, delegate to any agency of the Synod powers and duties with respect to property of the Synod for which such agency of the Synod has direct supervisory responsibility.
(c) Such delegation shall be in writing and shall be subject to change at any time by the Synod’s Board of Directors provided that reasonable deliberations, as determined by the Board of Directors, take place with such agency prior to the change.
3.3.4.8 The Board of Directors shall be empowered to authorize the Chief Financial
Officer of the Synod to borrow capital funds after the board has determined the amounts and the conditions under which these capital funds shall be borrowed, for capital -fund outlay, for site acquisition, or for construction projects that are authorized by conventions of the Synod.
(a) It and the responsible officers of the Synod are empowered to do all things necessary to effect such capital -fund borrowings if and when required, including the pledging of real and other propert y belonging to the Synod in order to secure loans to obtain the necessary funds.
(b) The borrowed capital funds shall not be used for any operating expenditures and shall be subject to provision for amortization.
3.3.4.9 To carry out the business and legal affairs of the Synod, the Board of
Directors may appoint other officers subject to the approval of the President. The Board of Directors may also appoint staff as required.
3.3.4.10 To carry out its obligations under Article XI E of the Constitution and these
Bylaws, the Board of Directors may obtain from any agency of the Synod all records and other information (a) relating to property of the Synod, and (b) pertaining to matters for which the Board of Directors has ov ersight responsibility under the Constitution and other provisions of these Bylaws, including financial records, records of operations, and information regarding legal affairs of such agency of the Synod. Notwithstanding the foregoing, an agency of the Syn od shall not be required to deliver: (i) records or information that an agency of the Synod is legally prohibited from disclosing under applicable federal or state law; and (ii) personally identifiable information pertaining to employees, donors, students, beneficiaries, investors, borrowers, and participating employers and plan members of Concordia Plan Services. If any of the records or information requested by the Board of Directors are subject to a confidentiality agreement, the Board of Directors shall maintain such confidentiality. The goal of this bylaw is to permit delivery of records and information to the Board of Directors to the greatest extent possible, subject to clauses (i) and
(ii) above. All agencies of the Synod shall cooperate fully with the Board of Directors when responding to requests to provide records and information.
