BYLAWS
(as amended at the annual general body meeting held
on
ARTICLE 1 –
NAME AND PURPOSE
SECTION 1: NAME
THE NAME OF
THE ASSOCIATIONS SHALL BE “
SECTION 2: PURPOSE
THE PURPOSES
OF THE ASSOCIATION SHALL BE:
1.
TO FOSTER THE GENERAL WELL BEING OF THE ASIAN INDIAN
COMMUNITY.
2.
TO ORGANIZE AND PRESENT CULTURAL AND EDUCATIONAL
PROGRAMS.
3.
TO PROMOTE COMMUNITY AND charitable SERVICES.
4.
TO PROMOTE GOODWILL BETWEEN
ARTICLE 2 -
MEMBERSHIP
SECTION 1: ELIGIBILITY
MEMBERSHIP
SHALL BE OPEN TO ALL PERSONS WHO AGREE TO ABIDE BY THE GOALS AND OBJECTIVES OF
THE ASSOCIATION AND ITS BY-LAWS. A MEMBER MUST BE 18 YEARS OF AGE AND ABOVE IN
ORDER TO HAVE THE VOTING PRIVILEGES, AND TO HOLD ELECTIVE OFFICE.
SECTION 1: MEMBERSHIP TYPES
THERE SHALL
BE THE FOLLOWING FIVE TYPES OF MEMBERSHIP:
1. GENERAL 2. FAMILY
3. STUDENT 4. LIFE 5. HONORARY
1.
GENERAL - INDIVIDUAL DUES PAYING MEMBERS IN
GOOD STANDING.
2.
FAMILY - SHALL INCLUDE HUSBAND, WIFE AND
CHILDREN UNDER 18.
3.
STUDENT- FULL-TIME STUDENTS 18 YEARS AND
ABOVE.
4.
LIFE - A LIFE MEMBER SHALL BE AN
INDIVIDUAL WHO WISHES TO PAY ten times the current annual family membership
dues, WITH THE PRIVILEGE OF BEING EXEMPT FROM FURTHER PAYMENT OF DUES. any dues
paid prior to becoming life member cannot be used towards the payment of life
membership dues. the life membership dues are not refundable. THE life
membership dues SHALL FORM A PERMANENT INTEREST BEARING FUND, THE INTEREST FROM
WHICH SHALL BE DEPOSITED IN THE GENERAL FUND.
5.
HONORARY - BY A VOTE OF THE executive
committee, HONORARY MEMBERSHIP MAY BE CONFERRED UPON AN INDIVIDUAL IN RECOGNITION
OF OUTSTANDING OR UNUSUAL DONATION OF TIME, MONEY, OR SERVICES TO THE
ASSOCIATION. THE HONORARY MEMBERSHIP SHALL BE FOR A MAXIMUM PERIOD OF 5 YEARS
AND SHALL BE EXEMPT FROM ASSOCIATION DUES DURING SUCH PERIOD. THE HONORARY
MEMBERS SHALL NOT BE ELIGIBLE TO VOTE OR TO HOLD ELECTIVE OFFICE IN THE
ASSOCIATION.
SECTION 3: DEFAULT
FAILURE TO
PAY DUES FOR TWO SUCCESSIVE YEARS SHALL CONSTITUTE AUTOMATIC RESIGNATION
PROVIDED SUFFICIENT Notice OF DELINQUENCY OF DUES HAS BEEN GIVEN. REINSTATEMENT
MAY BE MADE BY PAYMENT OF BACK DUES (NOT MORE THAN 2 YEARS AT A TIME). HOWEVER,
THE ELIGIBILITY TO VOTE AND RUN FOR OFFICE DURING A GIVEN YEAR SHALL REQUIRE
THAT THE MEMBERSHIP DUES HAVE BEEN DULY PAID AS OF DECEMBER 31 OF THE PREVIOUS
CALENDAR YEAR.
SECTION 4: RECOMMENDATION RIGHTS
ANY GENERAL,
FAMILY, STUDENT, OR LIFE MEMBER IN GOOD STANDING AS OF DECEMBER 31 OF THE
PRECEDING CALENDAR YEAR SHALL HAVE THE RIGHT TO VOTE, PARTICIPATE IN MEETINGS,
PARTICIPATE IN THE ASSOCIATION ACTIVITIES, AND TO HOLD ELECTIVE OFFICE.
ARTICLE 3-
GOVERNANCE
SECTION 1: GOVERNING BODY
THE AFFAIRS
OF THE ASSOCIATION SHALL BE GOVERNED BY THE FOLLOWING ELECTED BODY:
THE
EXECUTIVE COMMITTEE - THE RIGHTS AND RESPONSIBILITIES FOR THE OPERATION
AND THE ACTIVITIES OF THE ASSOCIATION SHALL RESIDE IN AN ELECTED EXECUTIVE
COMMITTEE. THE EXECUTIVE COMMITTEE SHALL ALSO CARRY OUT, TO BEST OF ITS
ABILITY, THE BROAD POLICY AND PLANNING FUNCTIONS FOR THE ASSOCIATION. THE
EXECUTIVE COMMITTEE SHALL HOLD LEGAL AUTHORITY OVER ASSOCIATION FUNDS, ASSETS,
AND DEBTS.
ARTICLE 4-
THE EXECUTIVE COMMITTEE
SECTION 1: MEMBERS
AND TERMS OF SERVICE
THE
EXECUTIVE COMMITTEE SHALL CONSIST OF THE FOLLOWING office bearers ELECTED BY
THE GENERAL BODY OF THE ASSOCIATION:
1.
PRESIDENT 2-YEARS
2.
VICE-PRESIDENT 2-YEARS
3.
secretary 2-YEARS
4.
TREASURER 2-YEARS
5.
chair, CULTURAL committee 2-YEARs
6.
chair, education committee 2-years
7.
chair, PUBLIC SERVICE committee 2-years
8.
chair, membership committee 2-YEARS
9.
MemberS (UP TO FIVE) 2-YEARs
SECTION 2: POWERS AND DUTIES
THE PRESIDENT
SHALL PRESIDE OVER ALL THE MEETINGS OF THE EXECUTIVE COMMITTEE. IN THE ABSENCE
OF THE PRESIDENT, THE VICE-PRESIDENT SHALL PRESIDE OVER THE MEETINGS.
THE SECRETARY SHALL MAINTAIN ALL RECORDS PERTAINING TO THE ACTIVITIES OF
THE EXECUTIVE COMMITTEE AND THE ASSOCIATION. THE SECRETARY SHALL ALSO
PREPARE THE MINUTES OF ALL EXECUTIVE COMMITTEE MEETINGS. THE SECRETARY
SHALL ALSO BE RESPONSIBLE FOR INFORMING THE MEMBERS OF THE EXECUTIVE COMMITTEE
REGARDING the DATE, PLACE, AND AGENDA OF the EXECUTIVE COMMITTEE MEETINGS. THE SECRETARY
SHALL BE SIMILARLY RESPONSIBLE FOR INFORMING THE GENERAL BODY MEMBERS REGARDING
THE ANNUAL GENERAL BODY MEETINGS.
THE PRESIDENT SHALL BE THE CHIEF EXECUTIVE OF THE
ASSOCIATION. THE President SHALL
CONDUCT AND PRESIDE OVER THE MEETINGS OF THE EXECUTIVE COMMITTEE, AND THE
ANNUAL GENERAL BODY MEETING. THE PRESIDENT SHALL SEE that ALL RESOLUTIONS OF
THE EXECUTIVE COMMITTEE ARE CARRIED OUT TO THE BEST OF ABILITY. THE PRESIDENT
SHALL EXERCISE GENERAL CONTROL OVER the MANAGEMENT OF THE ACTIVITIES OF THE ASSOCIATION, SUBJECT TO THE
RECOMMENDATIONS OF THE EXECUTIVE COMMITTEE. THE PRESIDENT SHALL PRESENT A
FORMAL REPORT TO THE GENERAL BODY AT THE ANNUAL MEETING. THE PRESIDENT SHALL
MAINTAIN COMMUNICATION WITH AND DIRECT THE ACTIVITIES OF THE MEMBERS OF THE
EXECUTIVE COMMITTEE THROUGHOUT
THE YEAR THROUGH FORMAL AND INFORMAL CHANNELS.
The
TREASURER SHALL BE RESPONSIBLE FOR THE RECEIPT, RECORDING, DISBURSEMENT, AND
SAFEKEEPING OF ALL FUNDS BELONGING TO THE ASSOCIATION. THE TREASURER SHALL PAY
ALL BILLS, WHICH HAVE BEEN APPROVED IN THE MANNER PRESCRIBED BY the EXECUTIVE
COMMITTEE. THE TREASURER SHALL MAINTAIN ACCURATE ACCOUNTS AND ALL DOCUMENTS
RELATED TO the FINANCIAL TRANSACTIONS, AND PRESENT A FINANCIAL REPORT AT EACH
OF the EXECUTIVE COMMITTEE MEETINGS AND THE ANNUAL GENERAL BODY MEETING. THE
TREASURER SHALL ALSO BE RESPONSIBLE FOR FILING ALL TAX RETURNS ON BEHALF OF THE
ASSOCIATION, WITH THE HELP OF PROFESSIONAL ACCOUNTANTS AND TAX CONSULTANTS, AS
APPROPRIATE.
THE CHAIRs
OF THE STANDING COMMITTEES SHALL CREATE THE MEMBERSHIP OF Their COMMITTEES
THROUGH NOMINATIONS AND VOLUNTEERS FROM THE GENERAL BODY MEMBERSHIP. ITS
CHAIRPERSON SHALL PRESENT ALL Finalcial transACTIONS and activites APPROVED BY
THE STANDING COMMITTEES TO THE EXECUTIVE [prk1]COMMITTEE
FOR APPROVAL AND RATIFICATION[prk2]. MEMBERS OF
THE STANDING COMMITTEES, WITH THE HELP OF aSSOCIATION MEMBERS, SHALL BE
PRIMARILY RESPONSIBLE FOR ACTIVELY PURSUING ACTIVITIES that fulfill THE GOALS
AND OBJECTIVES OF The ASSOCIATION.
chair,
CULTURAL committee SHALL BE RESPONSIBLE FOR ORGANIZING CULTURAL EVENTS[prk3], AND
CELEBRATIONS ACCORDING TO THE NEEDS AND DESIRES OF THE ASSOCIATION MEMBERSHIP
AT LARGE. THESE ACTIVITIES INCLUDE THE FOLLOWING:
§
CONCERTS OF INDIAN MUSIC AND DANCE
§
TEACHING OF INDIAN MUSIC AND DANCE, PARTICULARLY TO CHILDREN[prk4]
§
CELEBRATION OF IMPORTANT NATIONAL AND CULTURAL EVENTS
§
SOCIAL EVENTS, SUCH AS GROUP PICNICS, EXCURSIONS,
TOURS
Chair,
education committee SHALL BE RESPONSIBLE FOR the FOLLOWING activiites:
§
organize educational activities for children such as
spelling bee, vocabulary contests, and related activities
§
organize lectures, seminars, workshops and
conferences on topics of interest to members and the general public
§
Organize presentations on
chair, PUBLIC
SERVICE committee SHALL BE RESPONSIBLE FOR PROMOTING COMMUNITY AND
CHARITABLE SERVICE ACTIVITIES to THE MEMBERS OF the INDIAN COMMUNITY. THESE
ACTIVITIES INCLUDE THE FOLLOWING:
§
ORGANIZe fund raising activities and enagge MEMBERS
OF THE INDIAN COMMUNITY to DONATe their TIME, MONEY, AND GOODS TO the NEEDY
PEOPLE IN the COMMUNITY
§
organize COMMUNITY SERVICE activities to serve
ORGANIZATIONS, SUCH AS, SOUP KITCHENS, HOMELESS SHELTERS, ORPHANAGES ETC.
organize
hospitality realated activities at the cultural events
Chair,
MEMBERSHIP committee SHALL BE RESPONSIBLE FOR the FOLLOWING FUNCTIONS:
§
organize MEMBERSHIP DRIVES IN ORDER TO ENLARGE the
MEMBERSHIP OF THE ASSOCIATION
§
publication of “samaj patra”, the newsletter of the
association
§
other communications as and when appropriate with the
members of the association.
§
MEMBERSHIP SECRETARY SHALL ASSIST the PRESIDENT IN
CONDUCTING ALL ASSOCIATION ELECTIONS
§
MEMBERSHIP SECRETARY SHALL ALSO RENDER ANNUAL BILLS
FOR MEMBERSHIP DUES, KEEP ACCURATE RECORDS OF DUES COLLECTED, AND CONVEY ALL
MONIES RECEIVED TO the TREASURER OF THE EXECUTIVE COMMITTEE, ALONG WITH AN
ACCURATE LIST OF PAID MEMBERS AND PROPER ACCOUNTING.
Section 3: EXECUTIVE COMMITTEE MEETING
THE
EXECUTIVE COMMITTEE SHALL MEET A MINIMUM OF SIX TIMES A YEAR. THE PRESIDENT
SHALL CALL ADDITIONAL MEETINGS AS DEEMED NECESSARY. The PRESIDENT OR THE
VICE-PRESIDENT MUST BE PRESENT TO PRESIDE OVER THESE MEETINGS.
SECTION 4: QUORUM
A MAJORITY
OF THE MEMBERS OF THE EXECUTIVE COMMITTEE SHALL CONSTITUTE A QUORUM. ALL
ACTIONS OF THE EXECUTIVE COMMITTEE SHALL REQUIRE A MAJORITY VOTE OF THE
MEMBERS, WHETHER PRESENT OR BY PROXY.
SECTION 5: ATTENDANCE
AN EXECUTIVE COMMITTEE MEMBER INCLUDING OFFICE
BEARERS WHO IS ABSENT FOR THREE CONSECUTIVE SCHEDULED MEETINGS, EXCEPT FOR
ILLNESS OR QUALIFIED EXCUSE, SHALL BE AUTOMATICALLY ELIMINATED FROM THE
EXECUTIVE COMMITTEE.
SECTION 6: RESIGNATIONS
IF A MEMBER
WISHES TO RESIGN PRIOR TO THE END OF THE TERM, THE MEMBER MUST IMMEDIATELY
TENDER A WRITTEN RESIGNATION TO THE PRESIDENT.
ARTICLE 5-
ELECTIONS
SECTION 1: ELIGIBILITY
OF VOTERS AND CANDIDATES
ONLY THOSE
MEMBERS WHO WERE DULY PAID AND CERTIFIED ON OR BEFORE DECEMBER 31 OF THE YEAR
PRECEDING the YEAR IN WHICH AN ELECTION IS HELD, SHALL BE ELIGIBLE TO VOTE OR
BE CANDIDATES FOR ELECTIVE OFFICE.
SECTION 2: NOMINATIONS
THE ELIGIBLE
MEMBERS OF THE GENERAL BODY MAY NOMINATE THEMSELVES OR OTHER MEMBERS FOR
ELECTIVE OFFICE, EITHER FROM THE FLOOR OF THE MEETING, OR BY MAIL AT LEAST
seven DAYS PRIOR TO The DATE OF the ELECTION MEETING. ALL NOMINATIONS MUST BE
SECONDED ON THE FLOOR AT the MEETING PRIOR TO VOTING.
SECTION 3: ANNUAL
GENERAL BODY MEETINGS
ALL
ELECTIONS FOR the VACANT POSITIONS ON the EXECUTIVE COMMITTEE SHALL BE
CONDUCTED AT THE ANNUAL GENERAL BODY MEETING EACH YEAR. THE PRESIDENT OF THE
ASSOCIATION SHALL PRESIDE OVER the ANNUAL MEETING. FIFTEEN (15%) PER CENT OF
the GENERAL BODY MEMBERSHIP SHALL CONSTITUTE A QUORUM FOR THE ANNUAL MEETING.
SECTION 4: FILLING
OF VACANCIES
IF A
POSITION WITHIN THE EXECUTIVE COMMITTEE BECOMES VACANT PRIOR TO THE NEXT ANNUAL
GENERAL BODY MEETING, THE EXECUTIVE COMMITTEE WILL NOMINATE FROM THE MEMBERSHIP
OF THE ASSOCIATION FOR THE REMAINDER OF THE TERM UNTIL THE NEXT ANNUAL GENERAL
BODY METING. ELECTIONS FOR THE POSITION WILL BE CONDUCTED AT THE NEXT ANNUAL GENERAL
BODY MEETING.
SECTION 5: ELECTION
PROCEDURES
THE
PRESIDENT, WITH THE ASSISTANCE OF the MEMBERSHIP SECRETARY, SHALL CONDUCT AND
CERTIFY ALL ELECTIONS FOLLOWING DETAILED PROCEDURES APPROVED BY THE EXECUTIVE
COMMITTEE.
SECTION 6: SPECIAL
GENERAL BODY MEETINGS
SPECIAL
MEETINGS OF THE GENERAL BODY MAY BE CALLED BY THE EXECUTIVE COMMITTEE BY A
MAJORITY VOTE FOR TRANSACTING BUSINESS OF AN URGENT NATURE. THE OBJECT OF THE
MEETING SHALL BE STATED IN the CALL, AND NO OTHER BUSINESS SHALL BE TRANSACTED.
SEVEN DAYS NOTICE SHALL BE ADEQUATE NOTICE FOR SUCH SPECIAL MEETINGS. TEN (10%)
PER CENT OF THE MEMBERSHIP SHALL CONSTITUTE A QUORUM FOR SPECIAL MEETINGS.
SECTION 7: ITEMS TO BE VOTED BY THE GENERAL
BODY
THE
FOLLOWING ACTIONS SHALL REQUIRE VOTING BY THE GENERAL BODY:
1. BY-LAWS AND AMENDMENTS THERETO, REQUIRING
TWO-third (2/3) MAJORITY OF the ENTIRE MEMBERSHIP. PROXY VOTES SHALL BE
PERMITTED.
2. ELECTION OF THE MEMBERS OF THE EXECUTIVE
COMMITTEE, REQUIRING A SIMPLE MAJORITY OF THE BALLOTS CAST AT THE ANNUAL
MEETING, OR A SPECIAL ELECTION MEETING. PROXY VOTES SHALL BE PERMITTED.
3. ITEMS ON THE AGENDA OF A SPECIAL GENERAL BODY
MEETING, REQUIRING A SIMPLE MAJORITY OF THE ENTIRE MEMBERSHIP. PROXY VOTES
SHALL BE PERMITTED.
SECTION 8: AMENDMENTS
TO THE BY-LAWS
AMENDMENTS TO
THE ASSOCIATION BY-LAWS MAY BE INITIATED EITHER BY the EXECUTIVE COMMITTEE OR
BY A PETITION SIGNED BY AT LEAST TWENTY (20%) PERCENT OF the GENERAL BODY
MEMBERS. The NOTICE OF ANY MEETING, AT WHICH AMENDMENT(S) WILL BE CONSIDERED,
SHALL INCLUDE the FULL TEXT OF THE PROPOSED AMENDMENT(S). THE AMENDMENTS MUST
BE APPROVED BY A VOTE OF AT LEAST TWO-THIRD (2/3) OF ALL THE VOTING MEMBERS OF
the GENERAL BODY. PROXY VOTES SHALL BE PERMITTED.
Article 6-
ASSOCIATION FUNDS
SECTION 1: MEMBERSHIP
DUES
PAYMENT OF
MEMBERSHIP DUES BY DECEMBER 31 OF A GIVEN YEAR ENTITLES A MEMBER TO BE ELIGIBLE
TO VOTE AND STAND FOR ELECTIVE POSITIONS OF THE ASSOCIATION DURING the GENERAL
BODY MEETINGS IN THE FOLLOWING YEAR. THE VOTING MEMBERS SHALL BE EIGHTEEN (18)
YEARS OF AGE ON THE DECEMBER 31 OF THE PRECEDING YEAR, AND SHALL HAVE PAID THE
PRESCRIBED DUES FOR the APPROPRIATE CATEGORY.
FAMILY
MEMBERSHIP DUES SHALL BE ONE AND A HALF (1 ˝) TIMES the GENERAL (SINGLE)
MEMBERSHIP DUES.
STUDENT
MEMBERSHIP DUES SHALL BE ONE HALF (1/2) OF THE GENERAL (single) MEMBERSHIP
DUES.
THE
MEMBERSHIP DUES IN ALL CATEGORIES SHALL BE APPROVED BY THE EXECUTIVE COMMITTEE.
SECTION 2: FUNDRAISING
ALL FUNDS
RAISED through FUND RAISING ACTIVITIES SHALL BECOME PART OF the GENERAL FUNDS
OF THE ASSOCIATION.
SECTION 3: CHECKS,
DRAFTS, NOTES AND OTHER INSTRUMENTS
ALL FUNDS OF
THE ASSOCIATION SHALL BE DEPOSITED IN BANK ACCOUNTS IN THE NAME OF the “
SECTION 4: sIGNing AUTHORITY
CHECKS, DRAFTS,
NOTES, OR OTHER INSTRUMENTS FOR PAYMENT OF MONEY DRAWN OR ENDORSED IN the NAME
OF THE ASSOCIATION SHALL BE SIGNED BY TWO OFFICERS OF the EXECUTIVE COMMITTEE,
AS FOLLOWS:
A. PRESIDENT AND the SECRETARY, OR
B. PRESIDENT AND THE TREASURER, OR
C. SECRETARY AND THE TREASURER
ANY
INVESTMENT OF THE ASSETS OF THE ASSOCIATION SHALL REQUIRE PRIOR APPROVAL OF THE
executive committee AND BE Consistent WITH THE SECTION 501 (C) (3) OF THE
INTERNAL REVENUE CODE.
SECTION 5: PAYMENT
TO THE OFFICERS
NO MEMBER OF
THE EXECUTIVE COMMITTEE SHALL RECEIVE DIRECTLY OR INDIRECTLY, ANY SALARY,
COMPENSATION, OR EMOLUMENT FROM THE ASSOCIATION IN ANY CAPACITY. ONLY OUT OF
POCKET EXPENSES ON BEHALF OF THE ASSOCIATION, PROVIDED THAT SUCH EXPENSES HAVE
PRIOR APPROVAL OF THE EXECUTIVE COMMITTEE, SHALL BE REIMBURSED UPON
PRESENTATION OF APPROPRIATE VOUCHERS.
SECTION 6: EXPENDITURE
OF FUNDS
ANY
EXPENDITURE OF FUNDS OVER $100.00 MUST BE APPROVED BY A MAJORITY OF THE
EXECUTIVE COMMITTEE IN ADVANCE, EITHER INDIVIDUALLY OR AS A GROUP OF EXPENDITURE
ITEMS. IN THE EVENT THIS APPROVAL IS NEEDED BEFORE A REGULARLY SCHEDULED
EXECUTIVE COMMITTEE MEETING, THE MEMBERS MAY BE POLLED BY TELEPHONE OR BY MAIL,
AND THE VOTE RECORDED AT THE NEXT MEETING.
SECTION 7: COnflict of interest
any possible
conflict of interest on the part of any member of the executive committee,
officer or employee of the association, shall be disclosed in writing to the
executive committee and made a matter of record through an annual procedure and
also when the interest involves a specific issue before the Executive
Committee. where the transaction
involving an executive committee member, officer or employee exceeds five
hundred dollars ($500) but is less than five thousand dollars ($5,000) in a
fiscal year, a two-thirds vote of the disinterested executive committee members
is required. where the transaction involved exceeds five thousdand dollars
($5,000) in a fiscal year, then a two-thirds vote of the disinterested
executive committee members and publication in the required newspaper is
required. the minutes of the meeting shall reflect that a disclosure was made,
the abstention from voting, and the actual vote itself. every new Member of the
executive committee will be advised of this policy upon entering the duties of
his or her office, and shall sign a statement acknowldging, understanding of
and agreement to this policy. the board will comply with all requirements of
new Hampshire law in this area and the new hampshire requirements are
incorporated into and made a part of this policy statement.
ARTICLE 7-
FISCAL YEAR
SECTION 1: FISCAL
YEAR
THE FISCAL
YEAR OF THE ASSOCIATION FOR THE TAX PURPOSES SHALL BEGIN ON JANUARY 1 AND END
ON DECEMBER 31.
ARTICLE 8-
PARLIAMENTARY AUTHORITY
SECTION 1: ROBERT’S RULES
ROBERT’S
RULES OF ORDER, REVISED SHALL GOVERN ALL DELIBERATIONS OF THE ASSOCIATION AT
ALL THE MEETINGS.
ARTICLE 9-
EXPENDITURES AND DISSOLUTION
SECTION 1: NON-PROFIT
STATUS
THIS
ASSOCIATION AT ALL TIMES AND UNDER ALL CONDITIONS WHATSOEVER, SHALL BE OPERATED
SO AS TO QUALIFY AS AN ASSOCIATION DESCRIBED IN THE INTERNAL REVENUE CODE OF
1954, AS IT NOW EXISTS OR MAY HEREAFTER BE REVISED, AMENDED, SUPPLEMENTED, OR
SUPERSEDED, SUCH THAT THE CONTRIBUTIONS TO THE ASSOCIATION ARE DEDUCTIBLE FOR
FEDERAL INCOME TAX PURPOSES.
THE
ASSOCIATION SHALL NOT BE OPERATED FOR THE PRIMARY PURPOSE OF CONDUCTING ITS
BUSINESS FOR PROFIT. NO PORTIONS OF ITS ASSETS OR EARNINGS SHALL BE USED FOR
PURPOSES NOT EXCLUSIVELY CULTURAL, EDUCATIONAL, LITERARY, SCIENTIFIC, AND
CHARITABLE WITHIN THE MEANING OF THE RELEVANT IRS CODES.
SECTION 2: DISTRIBUTION
OF ASSETS
NO PORTION
OF THE ASSETS OR EARNINGS OF THE ASSOCIATION SHALL EVER BE DISTRIBUTED TO OR
DIVIDED AMONG ANY INDIVIDUALS, INCLUDING ANY MEMBER, OFFICER, TRUSTEE, OR
ORGANIZER OF THIS ASSOCIATION, OR ANY OTHER PRIVATE INDIVIDUAL WITHIN THE
MEANING OF THE RELEVANT IRS CODES.
SECTION 3: LIABILITIES
NO MEMBER OF
THE ASSOCIATION, MEMBER OF THE EXECUTIVE COMMITTEE, OR ITS ADMINISTRATIVE STAFF
SHALL BE INDIVIDUALLY OR COLLECTIVELY LIABLE FOR ANY DEBT OR ENCUMBRANCE OF THE
ASSOCIATION.
SECTION 4: COMPLIANCE WITH IRc 501 (C) (3)
AND DISSOLUTION
NOTWITHSTANDING
ANY OTHER PROVISIONS OF THESE ARTICLES, THE CORPORATION IS ORGANIZED
EXCLUSIVELY FOR ONE OR MORE OF THE PURPOSES AS SPECIFIED IN 501 (C) (3) OF THE
INTERNAL REVENUE CODE OF 1954, AND SHALL NOT CARRY ON ANY ACTIVITIES NOT
PERMITTED TO BE CARRIED ON BY A CORPORATION EXEMPT FROM FEDERAL INCOME TAX
UNDER IRS 501 (C) (3) OR CORRESPONDING PROVISIONS OF ANY SUBSEQUENT FEDERAL TAX
LAWS.
NO PART OF
THE NET EARNINGS OF THE CORPORATION SHALL INURE TO THE BENEFIT OF ANY MEMBER,
TRUSTEE, DIRECTOR, OFFICER OF THE CORPORATION, OR ANY PRIVATE INDIVIDUAL
(EXCEPT THAT REASONABLE COMPENSATION MAY BE PAID FOR SERVICES RENDERED TO OR
FOR THE CORPORATION), AND NO MEMBER, TRUSTEE, OFFICER OF THE CORPORATION OR ANY
PRIVATE INDIVIDUAL SHALL BE ENTITLED TO SHARE IN THE DISTRIBUTION OF ANY
CORPORATE ASSETS ON DISSOLUTION OF THE CORPORATION.
NO
SUBSTANTIAL PART OF THE ACTIVITIES OF THE CORPORATION SHALL BE CARRYING ON
PROPAGANDA, OR OTHERWISE ATTEMPTING TO INFLUENCE LEGISLATION (EXCEPT AS
OTHERWISE PROVIDED BY IRC 501(h)) OR PARTICIPATING IN, OR INTERVENING IN
(INCLUDING THE Publication OR DISTRIBUTION OF STATEMENTS) ANY POLITICAL
CAMPAIGN ON BEHALF OF ANY CANDIDATES FOR PUBLIC OFFICE.
IN THE EVENT
OF DISSOLUTION ALL OF THE REMAINING ASSETS AND PROPERTY OF THE CORPORATION
SHALL, AFTER NECESSARY EXPENSES THEREOF, BE DISTRIBUTED TO ANOTHER ORGANIZATION
EXEMPT UNDER IRC 501 (C) (3), OR CORRESPONDING PROVISIONS OF ANY SUBSEQUENT
FEDERAL TAX LAWS, OR TO THE FEDERAL GOVERNMENT, OR STATE OR LOCAL GOVERNMENT
FOR A PUBLIC PURPOSE.
IN ANY
TAXABLE YEAR IN WHICH THE CORPORATION IS A PRIVATE FOUNDATION AS DESCRIBED IN
IRC 509(a) THE CORPORATION SHALL DISTRIBUTE ITS INCOME FOR SAID PERIOD AT SUCH
TIME AND MANNER AS NOT TO SUBJECT IT TO TAX UNDER IRC 4942, AND THE CORPORATION
SHALL NOT (a) ENGAGE IN ANY ACT OF SELF-DEALING AS DEFINED IN IRC 4941(d),
RETAIN ANY EXCESS BUSINESS HOLDINGS AS DEFINED IN IRC 4943 (C), (b) MAKE ANY
INVESTMENTS IN SUCH MANNER AS TO SUBJECT THE CORPORATION TO TAX UNDER IRC 4944,
OR (C) MAKE ANY TAXABLE EXPENDITURES AS DEFINED IN IRC 4945(d) OR CORRESPONDING
PROVISIONS OF ANY SUBSEQUENT FEDERAL TAX LAWS.
[prk1]I deleted the term “full” since we may not have full executive committee as stated in Section 1.0.
[prk2] I clarified the statement to obtain approval to only financial transactions and activities versus to obtain approval to all action items. The term “all actions” is confusing since it includes all action items assigned to perform committee related duties.
[prk3]I removed the term “Educational” from the bylaw since we have a separate committee now.
[prk4] I deleted organizing seminars since we covered under education committee