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c.      Covers major unexpected, unbudgeted operating expenses.

                          2.     Capital (earmarked)
                                 a.      To be used for capital improvements as defined by the Board; and
                                 b.      Covers major planned  capital expenditures (renovations, telephone
                                         system, etc.).

                          It is the policy of the Louisiana State Bar Association that its general cash reserves be
                          equal to no less than 50% of its annual operating budget. Special reserves shall be
                          periodically reviewed and adjusted by the Board of Governors, but in no instances shall
                          they be less than $100,000.

                          Amended November 6, 2015

                                        III.  COMMUNICATIONS POLICIES

                   A.     Louisiana Bar Journal
                          The Louisiana State Bar Association shall publish a magazine entitled the Louisiana
                          Bar Journal. The Louisiana Bar Journal is the official publication of the Louisiana
                          State Bar Association and is devoted to reporting on substantive legal matters, issues
                          impacting the profession and other topics of  interest to Louisiana lawyers.  Its
                          subscribers include all LSBA members, as well as additional paid subscribers.

                          The Louisiana Bar Journal shall be published six times a year, by the fifteenth of the
                          month, in each of the following months:  February  (February/March),  April
                          (April/May),     June    (June/July),   August     (August/September),     October
                          (October/November) and December (December/January).

                          The Secretary of the Association shall serve as Editor of the Louisiana Bar Journal and
                          shall be the final authority as to editorial content. In this capacity, the Secretary shall
                          appoint an Editorial Board of five or more members whose terms shall coincide with
                          that of the Secretary.

                          The Editorial Board shall establish procedures for the publication of the Journal. The
                          Executive Director shall assign staff responsibility for the Journal.

                   B.     Bar Briefs
                          The Louisiana State Bar Association shall publish an electronic newsletter entitled Bar
                          Briefs which shall include news stories on activities of the Association and its affiliates.
                          Bar Briefs shall be published by the tenth of the month in each of the following months:
                          January, March, May, July, September and November.

                          The Executive Director shall establish procedures for the publication of Bar Briefs and
                          shall assign staff responsibility for Bar Briefs.

                          Amended November 7, 2009


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