Bylaws of National Federation for Catholic Youth Ministry, Inc.
Section 13.1. Compensation.
For purposes of protecting the Federation's 501(c)(3) status, the board shall be authorized and empowered to establish and pay only reasonable and just compensation:
(a) For the executive director and staff through the budgeting process and comparability analysis; and
(b) For vendors for services rendered on the Federation's behalf through the budgeting and bidding processes.
Section 13.2. Fiscal Year.
The fiscal year of the Federation shall be the twelve-month (12) period beginning July 1, and its financial books and records shall be kept according to standard accounting practices.
Section 13.3. Waiver of Notice.
Whenever any notice is required to be given by law, the articles of incorporation or these bylaws, a waiver of such notice may be executed in writing by the person or persons entitled to the notice, whether before, during or after the time stated therein, and such waiver shall constitute the equivalent of receiving such notice. Attendance of a director at a meeting shall constitute a waiver of notice of such meeting, except where a director attends a meeting for the express purpose of objecting to the transaction of any business because the meeting is not lawfully called or convened.
Section 13.4 Indemnification.
The board may exercise the full extent of the powers which the Federation has under District of Columbia law, as such law exists from time to time, to indemnify members of the board, officers, employees, and agents for expenses as enumerated below incurred by reason of the fact that they are or were members of the board, officers, employees, or agents of the Federation. Such expenses shall include attorneys' fees, judgments, fines, amounts paid in settlement, and amounts otherwise reasonably incurred. The board may make advances against such expenses upon terms decided by it. The board may exercise the full extent of the powers which the Federation has under District of Columbia law, as such law exists from time to time, to purchase and maintain insurance against the risks above described on behalf of its board, officers, employees, and agents.
Section 13.5. Seal.
The Federation's corporate seal shall be circular in form and shall have inscribed thereon the name of the Federation, the year of its organization, and the words "Corporate Seal, District of Columbia." The Federation may alter and change said seal at its pleasure; said seal may be used by causing it or a facsimile thereof to be impressed or affixed or reproduced or otherwise.
Section 13.6. Gender References.
Throughout these bylaws, the masculine, feminine and neuter gender each shall be deemed to represent all people