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2002_0128_packet
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2002_0128_packet
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:� <br />The members, <br />not have personal <br />corporation. <br />ARTICLE VII <br />Personal Liability <br />directors and officers of the corporation shall <br />liability for any debts or obligations of the <br />ARTICLE VIII <br />Pecuniary Gain; Inurement <br />The corporation shall not, incidentally or otherwise, afford <br />pecuniary gain to its members, as such. No part of the net <br />earnings of the corporation shall inure, within the meaning of <br />section 801(c)(3) of the Code, to the benefit of any member, <br />director, or officer of the corporation or any other private <br />individual; provided, however, that nothing herein shall prohibit, <br />among other things, the payment of reasonable compensation for <br />services rendered to or for the corporation in the performance of <br />its charitable purposes. <br />ARTICLE IX <br />Political Activity <br />Not more than an insubstantial part of the activities of <br />corporation shall include carrying on propaganda or otherwise <br />attempting to influence legislation, and the corporation shall <br />participate in, or intervene in (including the publishing or <br />distributing of statements), any political campaign on behalf <br />or in opposition to, any candidate for public office. <br />ARTICLE X <br />Receipts of Gifts, Requests, Etc. <br />the <br />not <br />of, <br />In furtherance and not in limitation of the powers conferred <br />by law, the corporation may take, receive, and hold real and <br />personal property, including the principal and interest of any <br />money or other fund, that is given, conveyed, bequeathed, devised <br />to, or otherwise vested in the corporation in trust for a purpose <br />consistent with the purpose set forth in these Articles of <br />Incorporation. Except where a trust instrument prescribes <br />otherwise, the corporation may invest trust property or its <br />proceeds in accordance with the laws of the State of Minnesota. <br />
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