Legal Question in Business Law in California
Our small town museum is owned by the city. The city pays all utilities and maintains the building. The museum is a part of the City Parks Dept., the head of that department is a city council member and has a permanent seat on the museum board of directors. The museum was established in 1947 and has always been managed community volunteers. I, Cecelia, have been the manager for more than 25 years, I am not a voting board member. Our problem is… when the new city council was seated the bank changed authorized signatory cards for the city’s accounts to have the new council members names listed. The bank mistakenly removed the museum manager (me) and the chairman of the museum board from the museum’s bank signatory card. The museum bank account was opened in 1947 (+/-) and is funded only with museum visitor donations, it has nothing to do with city revenue monies. The city agrees the money should be managed by the museum board. The bank will not reopen our bank account unless the museum registers as a non profit entity. Is there a document of some kind to take to the bank showing the legalities of the city owned museun not needing a non-profit status ?
1 Answer from Attorneys
Unclear here whether the account was closed, or the account is still open, but your name and the museum manager's name were taken off the account. In any event, there's no way in the world the bank is fixing this without giving them the documents they're asking for. So many more regulations these days; they're probably right anyway.
Good luck.
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