At their October 6, 2009 meeting, the NLA Board of Directors approved five new policy statements prepared by NLA legal counsel Michael Morrone of Keller and Heckman LLP. The statements include:
• Conflict of Interest Policy (and associated Statement of Disclosure)
• Whistleblower Policy
• Record Retention Policy
• Joint Venture Policy
• Compensation Policy (to be invoked if the NLA elects at some future point to hire employees)
The statements were prepared to comply with new Internal Revenue Service (IRS) requests for non-profit organizations.