[Lpk-execomm] MOTION: motion to use the same bank for counties and the state

[Andrew Roberts]

   I agree with tabling this and discussing further at convention. We
   should make a list of banks with wide presence and see if any of those
   will suit our needs.

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   From: Lpk-execomm <lpk-execomm-bounces at lists.lpky.org> on behalf of
   ken.moellman--- via Lpk-execomm <lpk-execomm at lists.lpky.org>
   Sent: Monday, January 12, 2026 14:09
   To: robert.lodder at lpky.org <robert.lodder at lpky.org>
   Cc: ken.moellman at lpky.org <ken.moellman at lpky.org>;
   lpk-execomm at lists.lpky.org <lpk-execomm at lists.lpky.org>
   Subject: Re: [Lpk-execomm] MOTION: motion to use the same bank for
   counties and the state

   Yeah, we end up with people having to drive all over no matter what. So
   we need to think of another approach.
   Jan 12, 2026 12:38:02 robert.lodder at lpky.org:
   > OK.  I don't have any problem with tabling it for now to think about
   it, but we should definitely discuss it at State Convention.
   >
   >
   > On 2026-01-12 12:27, ken.moellman--- via Lpk-execomm wrote:
   >> The issue is that county parties change treasurers and so does the
   state party. So there's always a reason to be getting new signature
   cards signed at the bank.
   >> I think we need to think about this one longer and would suggest we
   table this for now.
   >> Jan 12, 2026 11:54:32 Robert Lodder <rlodder at biospherics.net>:
   >> LPKY will have a hard time getting a treasurer willing to travel to
   all of the counties in Kentucky to open and close bank accounts along
   with all of the rest of the paperwork.  We don't seem to have that many
   active, retired members.
   >>> Each county party would only have to make one trip to the bank,
   though.
   >>>
   >>> On Mon, Jan 12, 2026 at 11:51 AM ken.moellman--- via Lpk-execomm
   <lpk-execomm at lists.lpky.org> wrote:
   >>>> The motion is open for discussion.
   >>>> I understand where this comes from, but I think this may be a
   source of additional issues. Unless we choose an institution with
   physical locations throughout KY, there will be issues opening accounts
   and dealing with any problems that require an in-person visit to
   resolve.
   >>>> There are very few banks that operate statewide in KY so the
   options would be very limited.
   >>>> I believe an alternative solution should be sought to address the
   issue.
   >>>> My immediate thought is to make the state treasurer the assistant
   treasurer of all affiliates as a non-voting ex-officio officer. That
   provides the ability to transfer funds, opportunity to help affiliates
   directly, and provide oversight for kref compliance. We could also
   provide for a preference of banking institution if available in the
   region.
   >>>>
   >>>> Jan 10, 2026 15:36:22 Charles Altendorf
   <charles.altendorf at lpky.org>:
   >>>> I second this motion so we can open discussion
   >>>>> On 2026-01-05 21:33, Robert Lodder wrote:
   >>>>> I move that the Libertarian Party of Kentucky (LPKY) adopt a
   policy requiring all recognized county affiliate parties to maintain
   their primary operational bank accounts at the same financial
   institution currently utilized by the LPKY State Executive Committee.
   Furthermore, all existing affiliates shall be given a period of [e.g.,
   90 days] to transition their accounts to the designated institution to
   ensure full compliance.
   >>>>>> …
   >>>>> Charles Altendorf
   >>>>> Libertarian Party of Kentucky - Secretary
   >>>>> Libertarian Party of Woodford County Kentucky - Treasurer
   >>>> _______________________________________________
   >>>> Lpk-execomm mailing list
   >>>> Lpk-execomm at lists.lpky.org
   >>>> http://lpmail.lp.org/cgi-bin/mailman/listinfo/lpk-execomm
   >>>
   >>> --
   >>> *Robert A. Lodder, Ph.D.
   >>> Chief Executive Officer*
   >>>
   >>> Phone: _(301) 476-0705_
   >>> Email: rlodder at biospherics.net
   >>>
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References

   1. https://aka.ms/o0ukef