> CI Corporate Structure
STRUCTURE
OF THE CRYONICS INSTITUTE
CHARTER:
The Cryonics Institute was chartered as a Michigan nonprofit corporation
in 1976. Its term of existence is "perpetual," and of course long term stability
is a fundamental objective.
The
Articles of Incorporation
plainly state that we freeze people in hope of
eventual revival. These Articles were not just routinely filed; they were
reviewed by the Michigan Attorney General's office before approval.
There
were also meetings with Clinton Township officials, with our activities clearly
understood, before purchase of our building there.
CI
operated openly, with considerable publicity, for a quarter century,
first in Detroit and now in Clinton Township. There had never been a legal
challenge.
In 2003 an article was published in SPORTS ILLUSTRATED magazine claiming that the
cryonics organization Alcor had mishandled the cryopreservation of baseball star
Ted Williams. Despite the fact that the Cryonics Institute was not involve in the
case, the media hype spurred the State of Michigan to place CI under a "Cease
and Desist" order for six months. Finally the Michigan government decided to
license and regulate the Cryonics Institute as a cemetery.
NONPROFIT
COOPERATIVE: CI is a membership organization--a cooperative in which
the members work together for mutual benefit, with the welfare of patients
and prospective patients the first concern. The members set basic policy,
and elect directors and officers. Members receive reports of the annual meeting,
and of course invitations to attend the annual meeting and any other membership
meetings that may be called, and at least annual financial statements.
Officers
and Directors have never been paidfor being Officers or Directors, in line with our
policy of getting maximum
benefit from volunteer help. We hope for, and encourage, any assistance members
can provide; but no member is compelled or required to contribute work. If
the patient load and general work load become too heavy, our reliance on
unpaid help could be modified. Currently we have two full time paid employees,
neither of which is an officer or director.
FEES,
DUES, RIGHTS AND PRIVILEGES: The membership fee under Option One
remains at $1,250 for an individual, or $1,875 for two in the same
household--additional close family members at $625 each if they join at the
same time. There is no additional fee for minor children. For Option Two Membership,
dues are $120 per year or $35 per quarter after a $75 initiation fee.
The membership fees confer eligibility to execute a Cryonic Suspension Agreement
for human cryopreservation as well as eligibility to cryopreserve a pet or
tissue/DNA sample.
Membership fees are not refundable, whether paid in whole or in part; they
constitute one of CI's sources of capital, used for such things as equipment
and research.
For
voting rights, a member must have a contract executed and funded. Option
Two members have voting rights after three years, as long as their dues are
up to date.
For
information about becoming an Option One or Option Two Cryonics Institute Member,
see Becoming a Member: the FAQ.
BY-LAWS OF THE CRYONICS INSTITUTE
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