The PTO I am on, is very lazed and does not want to keep any meeting minutes or another paperwork - they feel bylaws only constrict you, so they are not followed. The only thing they keep is the bare minimum for taxes.
Can there be back lash if something goes wrong? or if parents want to know what their money is being used for?
The IRS recommend or require the meeting minutes to be save as part of the finance record?
Is this operating procedure something that is concerning to anyone or do they see it as a red flag?
