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Page 3 of 4 <br />ARTICLE VII <br />ACTIVITIES OF THE CORPORATION <br />7.01 Inurement of Income. This Corporation shall not, incidentally or otherwise, afford or pay any <br />pecuniary gains, dividends, or other pecuniary remuneration to its Officers, Directors, and <br />members as such, and no part of the net income or net earnings of the Corporation shall, directly <br />or indirectly, be distributable to or otherwise inure to the benefit of any Officer, Director, <br />member, trustee, individual, or other private person. Nothing herein shall be construed to prohibit <br />the payment of reasonable compensation to Officers or Directors of this Corporation for services <br />actually rendered by them to this Corporation. <br />7.02 Legislative or Political Activities. No substantial part of the activities of the Corporation shall <br />consist of carrying on of propaganda, or otherwise attempting to influence legislation, and the <br />Corporation shall not participate in, or intervene in (including the publishing or distribution of <br />statements) any political campaign on behalf of, or in opposition to, any candidate for public <br />office. <br />7.03 Loans, Guarantees. Except as permitted by the Minnesota Nonprofit Corporation Act, this <br />Corporation shall not lend any of its assets to any Officer, Director or member or trustee of this <br />Corporation or guarantee to any person the payment of a loan by any Officer, Director or member <br />or trustee of this Corporation. <br />ARTICLE VIII <br />DURATION <br />8.01 Duration. The period of duration of this Corporation’s corporate existence shall be perpetual. <br />ARTICLE IX <br />DISSOLUTION OF THE CORPORATION <br />9.01 Dissolution. The Corporation may be dissolved in accordance with the laws of the State of <br />Minnesota. Upon dissolution of the Corporation and after the payment of all liabilities and <br />obligations of this Corporation and all costs and expenses incurred by this Corporation in <br />connection with such dissolution, any remaining property or assets of the Corporation shall be <br />disposed of by transfer to one or more corporations, associations, institutions, trusts, or <br />foundations organized and operated exclusively for charitable, educational, religious, or scientific <br />purposes as shall at the time qualify as an exempt organization or organizations under Section <br />501(c)(3) of the Internal Revenue Code of 1986 and that are exempt from federal income taxes <br />under Section 501(a) of the Internal Revenue Code of 1986, or to the State of Minnesota or <br />any political subdivision or agency thereof for exclusively public purposes, in such proportions as <br />the Board of Directors of the Corporation shall determine. Notwithstanding any provision herein <br />to the contrary, nothing herein shall be construed to affect the disposition of property and assets <br />held by the Corporation upon trust or other condition, or subject to an executory or special <br />limitation, and such property, upon dissolution of the Corporation, shall be transferred in <br />accordance with the trust, condition or limitation imposed with respect to it. Any such assets not <br />so disposed of shall be disposed of by the District Court of the County in which the principal <br />office of the Corporation is then located, exclusively for such purposes or to such organization or <br />organizations as said Court shall determine, and which are organized and operated exclusively for <br />charitable, educational, religious, or scientific purposes under Section 501(c)(3) of the Internal <br />Revenue Code of 1986.