What it does
CR 25 06 amends the employee definition to include the chairperson and members of the committees listed in the schedule, so dishonest acts by unpaid committee members who handle money (for example a finance or fundraising committee) can be covered.
Who needs it
Associations, clubs, churches, school booster groups and nonprofits whose committees collect or spend money.
How it fits the policy
This endorsement changes the base crime or fidelity form it is attached to and is listed with the other endorsements on the declarations. Schedules in the endorsement (names, positions, amounts or dates) control how it applies, so confirm the schedule is complete before binding. ISO's forms index lists the current edition for 52 jurisdictions.
