|
ARTICLES OF INCORPORATION OF THE MAMMOTH ARTICLE I -NAME The name of this organization shall be Mammoth Lakes Friends of the Library. ARTICLE II – ORGANIZATION This corporation is a nonprofit public benefit corporation and is not organized for the private gain of any person. It is organized under the Nonprofit Public Benefit Corporation Law for charitable purposes. ARTICLE III – SPECIFIC PURPOSE The specific purpose of this association shall be to insure that library facilities and services are adequate for the needs of Mammoth Lakes and to carry on other charitable activities associated with that goal as allowed by law. This corporation is organized exclusively for charitable purposes within the meaning of Internal Revenue Code section 501(c)(3) or the corresponding provision of any future United States internal revenue law. Despite any other provision in these articles, the corporation shall not, except to an insubstantial degree, engage in any activities or exercise any powers that do not further the purposes of this corporation, and the corporation shall not carry on any other activities not permitted to be carried on by (a) a corporation exempt from federal income tax under Internal Revenue Code section 501(c)(3) or the corresponding provision of any future United States internal revenue law, or (b) a corporation, contributions to which are deductible under Internal Revenue Code section 170(c)(2) or the corresponding provision of any future United States internal revenue law. ARTICLE IV – AGENT FOR SERVICE OF PROCESS The name and address in the State of California of this corporation’s initial agent for service of process is:
Eleanor R. Randol Mammoth Lakes Friends of the Library Mammoth Lakes, California 93546 ARTICLE V – GENERAL LIMITATIONS This corporation is organized and operated exclusively for charitable purposes within the meaning of Internal Revenue Code Section 501 (c) (3). ARTICLE VI – USE OF CORPORATE PROPERTY The property of this corporation is irrevocably dedicated to public and charitable purposes and no part of the net income or assets of this corporation shall ever inure to the benefit of any director, officer, or member thereof, or to the benefit of any private person. ARTICLE VII – DISSOLUTION Upon the dissolution or winding up of the corporation, its assets remaining after payment, or provision for payment, of all debts and liabilities of this corporation shall be distributed to a nonprofit fund, foundation, or corporation which is organized and operated exclusively for charitable purposes and which has established its tax-exempt status under IRS Section 501(c)(3). ARTICLE VIII – PROHIBITIONS No substantial part of the activities of this corporation shall consist of carrying on propaganda, or otherwise attempting to influence legislation, and the corporation shall not participate or intervene in any political campaign (including the publishing or distribution of statements) on behalf of any candidate for public office. SIGNED BY Incorporator: [Signed Copy on File] ____________________________ Eleanor R. Randol Dated: ______________________ Dated: ______________________ |
|