Official Handbook Source Text
Handbook page 130
Source: LCMS Handbook 2023, page 130.
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.
(b) Amendments shall be reported to the next convention of the Synod.
3.6.4.1 The assets and liabilities of the Lutheran Church Extension Fund —
Missouri Synod are separate and distinct from those of the Synod and its assets cannot be used to satisfy the liabilities and obligations of the Synod.
3.6.4.1.1 In the event the Lutheran Church Extension Fund— Missouri Synod is ever
dissolved, its net assets shall be distributed to The Lutheran Church — Missouri Synod or its successor.
3.6.4.2 As established by its bylaws, the members of the Lutheran Church
Extension Fund— Missouri Synod are divided into two classes.
3.6.4.2.1 One class of members consists of the President of the Synod or his
representative, the Chief Financial Officer of the Synod, and such additional members appointed by the Board of Directors of The Lutheran Church— Missouri Synod as shall equal one for each t en members of the other class of members.
3.6.4.2.2 The second class of members consists of representatives of participating
districts, of a total number set by the bylaws of The Lutheran Church Extension Fund — Missouri Synod, with representation allotted proportionally to the districts according to the following formula, except that at least one representative shall be allotted to each district:
Baptized Members + Investments + Investments × 0.015 + 50,000 $10,000,000 Baptized Members
+ Fund Balance × 0.010 = Number of Members per District $100,000
3.6.4.3 The board of directors for the Lutheran Church Extension Fund— Missouri
Synod shall consist of such number of directors as are specified in the bylaws of The Lutheran Church Extension Fund — Missouri Synod. All voting members of the board of directors of the Lutheran Church Extension Fund— Missouri Synod shall serve a maximum of four three-year terms.
1. Three directors shall be elected by the Synod in convention and shall include one ordained or commissioned minister and two laypersons.
2. The remaining voting directors shall be chosen by the members.
3. The representative designated by the Board of Directors of the Synod shall also be a nonvoting member of the board.
3.6.4.3.1 Directors elected by the members of the Lutheran Church Extension
Fund— Missouri Synod may be removed by a two -thirds (2/3) majority vote of the Board of Directors of the Lutheran Church Extension Fund — Missouri Synod at any time, for cause. A vacancy occurr ing in the position of a director elected by the members of the Lutheran Church Extension Fund— Missouri Synod shall be filled by the members of the Lutheran Church Extension Fund — Missouri Synod at any regular or special meeting, in accordance with its bylaws .
3.6.4.3.2 All directors shall have an understanding of the church extension program
and/or demonstrate an expertise in fields or areas closely related to church
