Somethings Rotten In Montana…
According to new news pieces about the Potters Field scandal, the ministry is being dismantled quickly.
Sources tell me that everything that can be sold is being prepared to be sold.
According to the DI, Rob McCoy said ““We’re liquidating anything under the purview of PFM — selling trucks, equipment and properties,” McCoy explained. “When all is said and done, there will be no remnant of what the Flathead knew as Potter’s Field.”
My question is “what’s the hurry”?
Both news pieces vaguely infer possible donor fraud, yet there seem to be no plans for an outside audit.
McCoy has yet to address the victims either.
There’s also a huge problem with the timeline of events as we know it.
From the Montana Corporate website;
Public benefit and religious corporations must provide written notice to the attorney general 20 days before the organization in any way disposes of all or substantially all of its property. This allows the attorney general to review the proposed transfer or disposal, address any issues and commence any necessary court proceedings. Section 35-2-617(7)(a), MCA. Dissolution. Public benefit and religious corporations must submit a completed Notice of Dissolution form to the attorney general if the organization intends to dissolve. The Notice of Dissolution must:
- be given to the attorney general at or before the time the company files articles of dissolution with the secretary of state, and
- include a summary of the organization’s plan for dissolution, describing the organization’s assets and explaining where they will go upon dissolution.
The attorney general reviews the plan to ensure that company assets are transferred to another public benefit or religious corporation in accordance with Section 501(c)(3) of the Internal Revenue Code. Corporation assets cannot be transferred or conveyed for at least 20 days unless the attorney general has waived the notification requirements. Section 35-2-722, MCA. See Section 35-2-725, MCA or IRS exemption requirements for additional information.
Mutual benefit corporations that intend to dissolve should consult Section 35-2-725, MCA for important information about distributing or transferring assets.
In order for all of these current transactions to be legal, a plan for dissolution between McCoy and Rozell had to be in place long before news of this scandal broke.
Something had to happen (or threaten to happen) to cause Rozell to find a way to quickly disburse the fruits of a life’s work.
This whole process is about as transparent as a granite wall.
Somethings rotten in
If I were one of the survivors (on whose back all these assets were built on), I’d be calling the best class action lawyer in Montana…today.