Bylaws of Natural Health Essay

September 29, 2017 Health

Section 1: Membership shall dwell merely of the Director/President. Jason Wilson.
ARTICLE III – AMENDMENTS
Section 1: These Bylaws may be amended when necessary.
Article VI


Restrictions on Actions

1. All the assets and net incomes of the Corporation shall be used entirely for its exempt intents. including the payment of disbursals incidental thereto. No portion of any net net incomes shall harden to the benefit of any employee of the Corporation or be distributed to its Directors. officers. or any private individual. 2. Notwithstanding any other proviso of these bylaws. the Corporation will non transport on any activities non permitted by an organisation exempt under Section 501 ( degree Celsius ) ( 3 ) . Internal Revenue Code. 1986. or the corresponding proviso of any future federal jurisprudence. or organisations whose parts which are exempt under Section 170 ( degree Celsius ) ( 2 ) . Internal Revenue Code. 1986. or the corresponding proviso of any future federal jurisprudence. The Corporation shall hold no capital stock. pay no dividends. administer no portion of its net income or assets to any Directors. Officers. and private belongings of the endorsers. Directors or Military officers shall non be apt for the debts of the Corporation.

We Will Write a Custom Essay Specifically
For You For Only $13.90/page!


order now

3. No significant portion of the Corporation’s activity shall be for the transporting on of a run of propaganda or otherwise trying to act upon statute law. The Corporation shall non take part in any political run. will non prosecute in political runs or effort to act upon statute law or interfere with any political run on behalf or in resistance to any campaigner for public office. 4. In peculiar. but non without restriction of the generalization of the foregoing paragraph. during such clip as the Corporation may be considered a private foundation as defined by Section 509 ( a ) . Internal Revenue Code. 1986. or the corresponding proviso of any future federal jurisprudence. it shall non: A. Fail to administer its income for each nonexempt twelvemonth at such clip and in such mode as non to go capable to the revenue enhancement on undistributed income imposed by Section 4942. Internal Revenue Code. 1986. or the corresponding proviso of any future federal jurisprudence.

B. Engage in any act of self covering every bit defined in Section 4941 ( vitamin D ) . Internal Revenue Code. 1986. or the corresponding proviso of any future federal jurisprudence. C. Retain any extra concern retentions as defined in Section 4943 ( degree Celsius ) . Internal Revenue Code. 1986. or the corresponding proviso of any future federal jurisprudence. D. Make any investing on such mode as to subject it to revenue enhancement under Section 4944. Internal Revenue Code. 1986. or the corresponding proviso of any future federal jurisprudence. E. Make any nonexempt outgos as defined in Section 4945 ( vitamin D ) . Internal Revenue Code. 1986. or the corresponding proviso of any future federal jurisprudence.

These bylaws were adopted on July 30. 2012.

Jason Wilson. President

x

Hi!
I'm Amanda

Would you like to get a custom essay? How about receiving a customized one?

Check it out