In an effort to keep pace with the latest advancements in non-profit corporate governance, the IRTA Global Board of Directors unanimously approved and adopted new modernized bylaws for IRTA on February 4th, 2016. The new IRTA bylaws are the result of a five month bylaw review process conducted by the IRTA Global Board and IRTA’s legal counsel, Carl Steinbrenner, Esq.
IRTA Launches New Website
In an effort to improve IRTA’s communication capabilities with IRTA members, all barter industry sectors, and the public at large, IRTA has launched its new, modernized website on January 21, 2016 at www.irta.com. The newly redesigned IRTA website provides access to a wealth of barter industry news, resource materials, and includes IRTA’s new advocacy section. The site provides complete indexing …
President’s Message – 2015 and Beyond
In 2015, both IRTA and UC have seen exceptional growth, continually improved financials and IRTA has reached important milestones as an advocate for the barter industry. IRTA and UC exceeded revenue goals and anticipate substantial growth this year. With the new customized software system, UC will continue to enhance collaboration and inter-trade opportunities for the barter industry. On behalf of …
Connecticut Bar Association Renders Favorable Opinion
IRTA is pleased to report that the Connecticut Bar Association rendered an opinion on July 15th, 2015 that concludes that attorneys are permitted to participate in barter exchanges in the State of Connecticut. The well reasoned “Informal Opinion 15-04 – Lawyer’s Participation In A Barter-Exchange Program” states that payment of legal fees via trade dollars is permissible. Additionally, the opinion …
IRTA Receives Favorable Opinion from California Commissioner of Business Oversight
The global proliferation of Bitcoin and other crypto-currencies has caused many governmental agencies to review their financial code sections that relate to money transmission reporting requirements. Since the FinCEN advisory was released last year, there has been great concern and confusion in the barter industry. Some state governments are reviewing their own codes. There is concern that such reviews might …
IRTA Weighs-In with The State of California to Protect the Barter Industry
The California Bureau of Consumer Financial Protection (CFPB) is proposing changes to the California Money Transmitter Act that could negatively impact the U.S. and international barter industry. Therefore, IRTA has written a letter to the Legal Division of the California Department of Business Oversight in an effort to explain the history of our industry and to request that any changes to the …