Priority Points
An interesting excerpt from the copious rules and regulations surrounding the allocation of "priority points" - the point system that determines what kind of tickets you can buy for LSU football games.
May Priority Points be Sold, Pooled or Assigned?
Priority points are not property, they are part of a system endorsed by the University and its Affiliated Organizations to determine the order in which donors may be offered certain rights and benefits; therefore, priority points may not be sold under any circumstances, and subject to the following exceptions, priority points may not be pooled or assigned in any way.
Exception Number One: In the case of a husband and wife while married, where spouses have established accounts in their personal capacities under different names, priority points resulting from donations made by either spouse may be pooled if the spouses combine their individual accounts into a single joint account. Where spouses combine their individual accounts into a single joint account, priority points for the joint account will be re-calculated as though all donations made by either spouse had been made to the joint account. In the case of a husband and wife who subsequently divorce, priority points resulting from donations made by the spouses, whether jointly or individually, may no longer be pooled. [blogger's note - there is a separate section dealing with how points are divided in case of a divorce]
Exception Number Two: In the case of a business entity that merges with one or more businesses with priority points and there is but a single new or "surviving" entity following the merger, accounts for the merging entities will be combined and priority points for the new or "surviving" entity will be re-calculated as though all donations made by a merged entity had been made solely on behalf of the new or "surviving" business entity.
Exception Number Three: Following the death of a donor, priority points accumulated by the deceased donor (in addition to any ticket rights or other amenities) may be transferred only to the deceased donor's Surviving Spouse or Direct Descendants. Absent written direction to the contrary received by the appropriate Affiliated Organization prior to a donor's death, following the death of a donor, accumulated priority points, tickets and other amenities shall be transferred in the following manner. The deceased donor's priority points (in addition to any ticket rights or other amenities) shall be transferred to the deceased donor's Surviving Spouse. In the event that the deceased leaves no Surviving Spouse or the deceased donor's Surviving Spouse does not accept, the priority points (in addition to any ticket rights or other amenities) shall be divided equally among the deceased donor's Children who wish to accept the available benefits. In the event that an individual either leaves no Surviving Spouse or Children, or the deceased donor's Surviving Spouse or Children do not accept, the priority points (in addition to any ticket rights or other amenities) shall be equally divided among the deceased donor's other Direct Descendents who wish to accept the available benefits. Rights of Surviving Spouses, Children and other Direct Descendents shall be subject to the requirement that Surviving Spouses, Children or other Direct Descendents receiving priority points or other rights or amenities pay all required donations, costs, fees and surcharges.
Exception Number Four: It is recognized that in cases involving hardship where, for example, a donor makes a permanent move to a distant area or is no longer physically able to attend athletic events, a donor may wish to transfer his account to his Spouse, Children or other Direct Descendents. Under such circumstances transfers of a member's account to the member's Spouse, Children or other Direct Descendents may be allowed subject to the following conditions and written approval by LSU and the priority point advisory committee: (a) hardship transfers should typically involve a member's entire account (all tickets, all priority points and all other amenities), however, for good cause shown a sport specific transfer of tickets may be granted; (b) hardship transfers may not be utilized to circumvent limitations on the number of tickets and other amenities available to individuals (c) hardship transfers are irrevocable.
Exception Number Five: A donor may designate in writing the individual(s) who will receive priority points attributable to donations made by the donor following his death (such as testamentary gifts and gifts made via life insurance). Absent such a designation, priority points attributable to donations made by a donor following his death will be assigned to the deceased's Surviving Spouse, Children, or other Direct Descendents in accordance with Exception Number Three.
Exception Number Six: Prior to or at the time that a donation is made, a donor may request in writing that priority points resulting from a donation be credited to another party. This exception shall not apply to donations made by publicly traded business entities to the LSU Foundation or the LSU Alumni Association.
May Priority Points be Sold, Pooled or Assigned?
Priority points are not property, they are part of a system endorsed by the University and its Affiliated Organizations to determine the order in which donors may be offered certain rights and benefits; therefore, priority points may not be sold under any circumstances, and subject to the following exceptions, priority points may not be pooled or assigned in any way.
Exception Number One: In the case of a husband and wife while married, where spouses have established accounts in their personal capacities under different names, priority points resulting from donations made by either spouse may be pooled if the spouses combine their individual accounts into a single joint account. Where spouses combine their individual accounts into a single joint account, priority points for the joint account will be re-calculated as though all donations made by either spouse had been made to the joint account. In the case of a husband and wife who subsequently divorce, priority points resulting from donations made by the spouses, whether jointly or individually, may no longer be pooled. [blogger's note - there is a separate section dealing with how points are divided in case of a divorce]
Exception Number Two: In the case of a business entity that merges with one or more businesses with priority points and there is but a single new or "surviving" entity following the merger, accounts for the merging entities will be combined and priority points for the new or "surviving" entity will be re-calculated as though all donations made by a merged entity had been made solely on behalf of the new or "surviving" business entity.
Exception Number Three: Following the death of a donor, priority points accumulated by the deceased donor (in addition to any ticket rights or other amenities) may be transferred only to the deceased donor's Surviving Spouse or Direct Descendants. Absent written direction to the contrary received by the appropriate Affiliated Organization prior to a donor's death, following the death of a donor, accumulated priority points, tickets and other amenities shall be transferred in the following manner. The deceased donor's priority points (in addition to any ticket rights or other amenities) shall be transferred to the deceased donor's Surviving Spouse. In the event that the deceased leaves no Surviving Spouse or the deceased donor's Surviving Spouse does not accept, the priority points (in addition to any ticket rights or other amenities) shall be divided equally among the deceased donor's Children who wish to accept the available benefits. In the event that an individual either leaves no Surviving Spouse or Children, or the deceased donor's Surviving Spouse or Children do not accept, the priority points (in addition to any ticket rights or other amenities) shall be equally divided among the deceased donor's other Direct Descendents who wish to accept the available benefits. Rights of Surviving Spouses, Children and other Direct Descendents shall be subject to the requirement that Surviving Spouses, Children or other Direct Descendents receiving priority points or other rights or amenities pay all required donations, costs, fees and surcharges.
Exception Number Four: It is recognized that in cases involving hardship where, for example, a donor makes a permanent move to a distant area or is no longer physically able to attend athletic events, a donor may wish to transfer his account to his Spouse, Children or other Direct Descendents. Under such circumstances transfers of a member's account to the member's Spouse, Children or other Direct Descendents may be allowed subject to the following conditions and written approval by LSU and the priority point advisory committee: (a) hardship transfers should typically involve a member's entire account (all tickets, all priority points and all other amenities), however, for good cause shown a sport specific transfer of tickets may be granted; (b) hardship transfers may not be utilized to circumvent limitations on the number of tickets and other amenities available to individuals (c) hardship transfers are irrevocable.
Exception Number Five: A donor may designate in writing the individual(s) who will receive priority points attributable to donations made by the donor following his death (such as testamentary gifts and gifts made via life insurance). Absent such a designation, priority points attributable to donations made by a donor following his death will be assigned to the deceased's Surviving Spouse, Children, or other Direct Descendents in accordance with Exception Number Three.
Exception Number Six: Prior to or at the time that a donation is made, a donor may request in writing that priority points resulting from a donation be credited to another party. This exception shall not apply to donations made by publicly traded business entities to the LSU Foundation or the LSU Alumni Association.
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