Angling Clubs Legal and Organizational Guide Flashcards (10 cards)

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1Question

Club Types — definition?

Answer

Proprietary: owned by individuals; Members' club: managed by members

2Question

Property — ownership?

Answer

Jointly owned, held in trust by trustees

3Question

Trustee duties — key?

Answer

Act in good faith, conform to trust, avoid personal gain

4Question

Proprietary club — ownership?

Answer

Owned by individuals, has legal personality.

5Question

Members' club — legal status?

Answer

Managed by members; no separate legal entity.

6Question

Trustees — role?

Answer

Manage property, sign conveyances, enforce rules.

7Question

Liability of members?

Answer

Liable only for subscriptions.

8Question

Clubs — sue or be sued?

Answer

Cannot; trustees liable for property.

9Question

Dissolution — asset distribution?

Answer

Assets divided equally unless rules state otherwise.

10Question

Tax exemption — when?

Answer

Usually exempt if non-profit.

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Answer 10 questions on Angling Clubs Legal and Organizational Guide.

1. What is the primary difference between proprietary and members' angling clubs?

2. Who is legally liable if a club officer acts beyond their authority in a contract?

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