Standing Rules

Our Standing Rules (SR’s) are the main operational guidelines of the ICC. They are frequently updated as the needs of our membership change overtime. Proposals are routed through the Coordinating Committee (CoCo) and approved or rejected by the Board of Directors (BoD.) They are divided into three sections: Membership & Contracts, Central Operations, and House Operations.

Bylaw 3.9 Codification of the rules. All permanent rules and regulations adopted under section 3.3 of these Bylaws shall be codified in the "Standing Rules of the Inter-Cooperative Council (SR)"

• 3.3 Specific Powers of the Board. The Board shall have sole power
  • (a) to authorize the purchase, sale mortgage, transfer, or acceptance of real property on behalf of the corporation
  • (b) to accept gifts
  • (c) to borrow money and issue promissory notes or bonds of the corporation for the repayment thereof, and to mortgage, pledge, or otherwise grant security interests in any and all property of the corporation, both real and personal, as security for debts and undertakings of the corporation
  • (d) to purchase or sell personal property incident to the purchase or sale of any real property
  • (e) to control and administer the Development Fund, the ICC Scholarship Fund and any other funds which the Board may establish
  • (f) to authorize the purchase of personal property or enter into any contract, in the name of the corporation, for the administration of the corporation
  • (g) to authorize the assessment of all members or co-ops to meet the estimated expenses involved in managing the corporation
  • However, 20% of the Board may request that any of the foregoing powers be brought to a referendum of the membership. If such a referendum is requested then the house representatives shall bring the question to their co-op for a poll of the membership within 72 hours of the original vote. The ICC President shall tally the votes and report the result to the Board. In the case of purchase, rental, or sale of real property, approval by a Special Meeting (referendum), is mandatory.