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About NASACT

 


Committee Members | Officers | Constitution
Bylaws I - III | Bylaws IV - VII | Organization Structure

CONSTITUTION AND BYLAWS OF THE
NATIONAL ASSOCIATION OF STATE AUDITORS, COMPTROLLERS
AND TREASURERS

AS ADOPTED AT

NEW ORLEANS, LOUISIANA, ON NOVEMBER 15, 1978

AND AS AMENDED AT

HOT SPRINGS, ARKANSAS, ON NOVEMBER 19, 1980

AND AT

CHICAGO, ILLINOIS, ON AUGUST 12, 1981

AND AT

NASHVILLE, TENNESSEE, ON NOVEMBER 16, 1982

AND AT

KANSAS CITY, MISSOURI, ON AUGUST 3, 1983

AND AT

WILLIAMSBURG, VIRGINIA, ON NOVEMBER 13, 1984

AND AT

SALT LAKE CITY, UTAH, ON JULY 30, 1985

AND AT

ASHEVILLE, NORTH CAROLINA, ON NOVEMBER 11, 1986

AND AT

PHOENIX, ARIZONA, ON NOVEMBER 13, 1990

AND AT

LOUISVILLE, KENTUCKY, ON NOVEMBER 18,1992

AND AT

BALTIMORE, MARYLAND, ON AUGUST 23, 1993

AND AT

MOBILE, ALABAMA, ON NOVEMBER 20, 1996

AND AT

CINCINNATI, OHIO, ON AUGUST 17, 1999

CONSTITUTION OF THE NATIONAL ASSOCIATION

OF STATE AUDITORS, COMPTROLLERS AND TREASURERS

SECTION 1
The name of the Association shall be the National Association of State Auditors, Comptrollers and Treasurers. The Association is hereby organized as a wholly owned instrumentality of each and all states within the meaning of section 115 of the Internal Revenue Code (or the corresponding provision of any future Federal Tax Code).

SECTION 2
The purpose of the Association shall be:

  • To promote opportunities to share expertise within NASACT and to exchange ideas that promote effective management;

  • To advance financial management through research and/or technology;

  • To develop and promote standards of excellence;

  • To provide information regarding financial management issues affecting states and other levels of government;

  • To unite efforts to improve financial management practices at all levels of government;

  • To enhance the financial management skills of members and others concerned with government finances;

  • To utilize the external expertise, knowledge, and skills of members to offer assistance at all levels of government;

  • To work cooperatively with members and other organizations.

SECTION 3
Members of the Association shall consist of Auditors, Comptrollers and Treasurers of the respective states of the United States, the District of Columbia and the respective territories of the United States and other elective or appointive officers of any name called or known whose duties are in common with the duties of an Auditor, Comptroller or Treasurer of a state. The term "state" in this Constitution shall be deemed to include the District of Columbia and the respective territories of the United States.

Recognition is given to an organization of State Auditors, and an organization of State Comptrollers, and an organization of State Treasurers of the respective states.

SECTION 4
The annual dues to be assessed by the Association as membership dues shall be recommended by the Executive Committee and approved by vote of the members in good standing. Dues will remain in effect until changed in accordance with the foregoing procedures.

SECTION 5
Any member in good standing who ceases to be a member in good standing of the Association after having been a member in good standing of the Association for a minimum of eight years, may become a life member of the Association, subject to the By-Laws of the Association. Life members shall not be required to pay Association dues. This status is not entitled to a voting privilege.

SECTION 6
Upon termination, dissolution, or winding up of the Association, the assets if any, remaining after payment or provision of payment of all liabilities of the Association, shall be distributed to the respective jurisdictions of the members pro rata. Any assets so distributed shall be used for a public purpose.

SECTION 7
The private property of the members, officers, and staff of the Association shall not be subject to any claims against the Association, to any extent whatever.

Committee Members | Officers | Constitution
Bylaws I - III | Bylaws IV - VII | Organization Structure

 
 
 
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