LCMS Commission on Constitutional Matters — Minutes St. Louis, Missouri — January 25–26, 2013, Page 42

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(3) districts;
(4) Concordia Plan Services; and
(5) the Concordia Plans.
(c) It shall be furnished with copies of these and any interim financial reports it requests.
3.3.4.710 The Board of Directors shall serve as the custodian of all the property of the Synod as defined
in Bylaw 1.2.1 (q). Except as otherwise provided in these Bylaws, it shall have the authority
and responsibility with respect to the 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.
3.3.4.811 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 property 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.
3.3.4.912 The Board of Directors of the Synod may appoint other officers, subject to the approval of the
President of the Synod, may appoint other officers and staff required from time to time to carry out
the business and legal affairs of the Synod.
Commission on Handbook
70. Other Matters
During the remainder of the meeting the commission addressed the following additional items:
•
•
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Commission members are now receiving early copies of overtures that are being received for
consideration by the 2013 Synod convention to provide ample time to become familiar with
convention business that may impact the Handbook of the Synod.
Commission members were given assignments for service as resource persons for convention
floor committees during Floor Committee Weekend, May 17–20, 2013, in St. Louis.
The commission identified matters to be addressed during its February meeting, including Bylaw
1.5.5ff. and 3.8.3 (final paragraph) issues.
Page 69 – 01.25 to 01.26.13 – COH Minutes