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<br />B. <br /> <br />3. <br /> <br />The general purposes and powers are to have and <br />exercise all rights and powers conferred on non-profit <br />corporations under the law of the State of Texas, or <br />which may hereafter be conferred, including the power <br />to contract, ren"t, buy or sell personal or real <br />property; provided, however, that this corporation <br />shall not, except to an insubstantial degree, engage in <br />any activities or exercise any powers that are not in <br />furtherance of the primary purpose of this <br />corporation. <br /> <br />In implementing these purposes the following shall apply: <br /> <br />1. <br /> <br />No part of the net earnings of the corporation shall <br />inure to the benefit of any Trustee or officer of the <br />corporation, or any private individual (except that <br />reasonable compensation may be paid for services <br />rendered to or for the corporation affecting one or more <br />of its purposes), and no Trustee or officer of the <br />corporation, or any private individual shall be entitled <br />to share in the distribution of any of the corporate <br />assets on dissolution of the corporation. <br /> <br />2. <br /> <br />The corporation shall distribute its income for each <br />taxable year at such time and in such manner as not to <br />become subject to tax on undistributed income imposed by <br />Section 4942 of the Internal Revenue Code of 1954, or <br />corresponding provisions of any subsequent federal tax <br />laws ("The Code"). <br /> <br />3. <br /> <br />The corporation shall not engage in any act of self- <br />dealing as defined in Section 4941(d) of the Code. <br /> <br />4. <br /> <br />The corporation shall not retain any excess business <br />holdings as defined in Section 4943(c) of the Code. <br /> <br />5. <br /> <br />The corporation shall not make any investments in such <br />manner as to subject it to tax under Section 4944 of the <br />Code. <br /> <br />6. <br /> <br />The corporation shall not make any taxable expenditures <br />as defined in Section 4945(d) of the Code. <br /> <br />7. <br /> <br />Notwithstanding any other provision of these Articles of <br />Incorporation, the corporation shall not conduct or <br />carryon any activities not permitted to be conducted or <br />carried on by an.organization exempt from taxation under <br />Section 501(c)(3) of the Code and its Regulations as <br />they now exist or as they may hereafter be amended, or <br />by an organization, contributions to which are <br />deductible under Section 170(c)(2) of the Code and <br /> <br />2. <br />