CIC Association

Serving Community Enterprise

Hi - We have been incorporated as a CIC since 2012. Recently we were asked whether we has an asset lock in place. I had assumed this was just an integral part of our governance. However I now feel we should perhaps have a specific entry in our constitution. It is actually quite a useful question at this time as we are hoping to get a new van & upgrade our IT and so forth. How have other CICs handled this issue?

Views: 69

Add a Comment

You need to be a member of CIC Association to add comments!

Join CIC Association

Comment by Pete Scott on March 11, 2016 at 13:50
Hi John - Thanks for that. It was just an enquiry someone made & I did not have a ready answer.
Comment by John Mulkerrin on March 11, 2016 at 12:50

Hi Pete

It is an integral part of your existing governance. Is there any particular concern/asset?

Best 

John

Groups

From Funding Central

Events

© 2017   Created by John Mulkerrin.   Powered by

Badges  |  Report an Issue  |  Terms of Service