# LCMS Commission on Constitutional Matters Minutes_St. Louis Missouri_March 28 1996_S5
# Machine transcription, uncorrected — CHI Digital Archive (demonstration)

Written notice of the proposed amendment shall be given to the Members no fewer than
ten, nor more than sixty, days prior to the meeting at which such amendment(s) shall be
considered.
All other terms and provisions of Article NINTH are hereby ratified and reconfirmed.
Resolved:
1. Section 2 of Article V of the Bylaws of the corporation is amended, so that as amended, it shall read
as follows:
Section 2. The books of the LCEF shall be open for inspection at all reasonable hours to any
individual or committee authorized by resolution of the Members. In addition, disclosure of the
financial books and records of the corporation shall be made to member congregations of The
Lutheran Church-Missouri Synod in accordance with the following provisions:
3.

The following information shall not be disclosed:
(1) Information which would violate the expected confidentiality of donors,
investors, or borrowers.
2.

Personnel files or other information that would violate the
expected confidentiality of officers and employees.

2.

Information which relates to in-process negotiations of
financial matters.

(4) Information the disclosure of which would breach a legal obligation of LCEF
or affect pending litigation or claims against LCEF.
(5) Information which is preliminary in nature or otherwise has not been finalized
in its form and content.
b. LCEF shall share, upon request, the quarterly financial statements as reported to its
Board of Directors.
c. Requests for detailed financial information or the inspection of financial records shall
be made in writing to the Board of Directors by a member congregation of Synod and
shall state the records desired and the time period to be covered. Any inspection of
financial records shall be done by a member(s) of the congregation or its stated
authorized agent at a mutually agreeable time and place.
d. All information produced for normal publication or distribution shall be provided free
of charge. All requests for information involving research or compilation shall be
billed to the member congregation requesting the information on the basis of actual
costs.
e. The Board of Directors may decline to provide the information requested if the Board
can demonstrate by clear and convincing evidence that the member~s request is with
the specific intent to cause harm to LCEF or with the sole intent of deliberately and