The fiscal year for the Council will be from January 1 through December 31.

No part of the net earnings of the Council shall inure to the benefit of, nor be distributed to, its members, Directors, Officers, or other private persons. No substantial part of the activities of the Council shall be the carrying on of propaganda or otherwise attempting to influence legislation, except to the extent Section 501 (c)(3) tax exempt organizations are so permitted; and the Council shall not participate in nor intervene in (including publishing or distributing statements in) any political campaign on behalf of any candidate for public office. Notwithstanding any other provisions of these articles, the Council shall not carry on any activities not permitted for an organization exempt from Federal Income Tax under Section 501 (c)(3) of the Internal Revenue Code of 194, as amended (or the corresponding provision of any future United States internal revenue law).

Council Officers and Board members shall not receive any salaries or compensation for their services, however they may be reimbursed for actual and reasonable expenses for travel and related conference activities as approved by the Board of Directors.

It is GITEC’s policy to maintain adequate liability insurance for its government Board members and Officers. Further, all government Board members and Officers of GITEC shall be indemnified by GITEC. This indemnification applies to expenses actually and necessarily incurred by GITEC's government Board members and Officers in connection with the defense of any action, suit, or proceeding in which they are made a party by reason of being or having been such government Board members and Officer. This indemnification will not apply to matters in which they are adjudged in such action, suit, or proceeding to be liable for negligence or misconduct in the performance of a duty. Such indemnification shall not be deemed exclusive of any other rights to which such government Board members and Officers may be entitled, under any bylaw, agreement, or vote of the Board of Directors.

The accounts of GITEC shall be audited at least once every two years by a certified public accounting firm which is independent of GITEC affiliation.

All checks, drafts or orders for the payment of money, notes or other evidences of indebtedness issued in the name of GITEC, shall be signed by the Treasurer

All funds of GITEC shall be deposited in a timely manner to the credit of GITEC in such banks, trust companies or other depositories as the Board of Directors may select.

Upon dissolution of GITEC, the Board of Directors shall, after paying or making provision for the payment of all of the liabilities of GITEC, dispose of all of the assets of GITEC exclusively for the purposes of GITEC in such manner, or to such organization(s) organized and operated exclusively for charitable purposes as at the time shall qualify as an exempt organization(s) under Section 501(c)(3) of the Internal Revenue Code (or the corresponding provisions of any United States Internal Revenue Law), as the Board of Directors shall determine. Any such assets not so disposed of shall be disposed of by the Court of general jurisdiction of the jurisdiction in which the principal office of GITEC is then located, exclusively for such purposes or to such organization(s), as said Court shall determine, which are organized and operated exclusively for such purposes.