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Showing results for tags 'charter org'.
Our current chartered organization is currently facing financial troubles. The other post regarding the relationship between the CO & the Troop got me thinking. IF the CO declared bankruptcy, can the Troop's equipment, bank account, etc. be used by the CO to pay off the debt? Our bank account & resale value of the equipment is small but I'm thinking it COULD happen. Anyone ever have this happen to them?