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Our organization's bylaws are outlined below. a
downloadable version is
also available.
ARTICLE 1 - NAME
The name of this corporation is African Conservancy
and is henceforth referred to as "The Conservancy".
ARTICLE 2 - PRINCIPAL OFFICE
The principle office of the corporation shall
be fixed and located at such a place within the State of California,
as the Board of Trustees shall determine. The Board is granted
full power and authority to change said principle office from
one location to another within the state of California.
ARTICLE 2 - PURPOSE
- General Purpose. The Conservancy is organized
exclusively for one or more of the charitable, educational,
and scientific purposes specified in Section 501(c)(3) of the
Internal Revenue Code, including, for such purposes, the making
of distributions to organizations that qualify as exempt organizations
under Section 501(c)(3) of the Internal Revenue Code.
- Specific Purpose. The specific purpose
of The Conservancy shall be to preserve African wildlife and
traditional cultures by:
- educating the public about African
wildlife species, environment, threats, and protection mechanisms;
- educating the public about African
traditional cultures and art forms;
- initiating, participating in, or supporting
wildlife protection efforts;
- establishing wildlife education, research,
rescue, and repopulation programs;
- educating or supporting the education
of Africans living in traditional cultures in the areas
of sanitation, nutrition, literacy, and basic health care;
- initiating, participating in, or supporting
efforts to preserve the existence and further the development
of African art forms;
- assisting Africans living in traditional
cultures to identify and develop revenue sources compatible
with the preservation of their wildlife and cultural heritage;
- empowering Africans living in traditional
cultures to regain self-sufficiency.
ARTICLE 3 - MEMBERS
- General. Any individual, business or corporation, or public
agency (e.g., public school) that contributes financially or
by otherwise supporting the furtherance of the Conservancy's
purpose in any calendar year will automatically become members.
- Duration. Membership is renewed annually.
- Voting rights. Members have no voting
rights.
ARTICLE 3 - TRUSTEES
Section 1 - Full Board
- Number. The corporation shall have no fewer than three
(3) and no more than fifteen (15) trustees who collectively
shall be known as the Board of Trustees.
- Duties. The activities and affairs of
this corporation shall be conducted and all corporate powers
shall be exercised by or under the direction of the Board of
Trustees subject to the provisions of the law and any limitations
in the Articles of Incorporation and these Bylaws.
It shall be the duty of the trustees to:
Plan for the organization's future by
setting strategic direction through short and long-term goals
and monitoring the progress towards those goals;
- Provide policy governance for the
African Conservancy through by-laws, financial policies,
investment management and legal compliance;
- Monitor and assess the management,
development, and program activities of The Conservancy for
consistency and alignment with mission and policies;
- Evaluate the appropriateness and effectiveness
of the corporation's mission and policies, and make changes
as necessary;
- Approve, monitor, and evaluate the
organization's budgets and request changes be made as necessary;
- Enhance the organization's public
image;
- Actively participate in the funding
of the organization through fundraising activities;
- Appoint and remove, employ and discharge,
and, except as otherwise provided in these Bylaws, prescribe
the duties and fix the compensation of all officers and
agents of the corporation;
- Meet at such times and places as required
by these Bylaws.
- Classes and Term of Office. The Board
of Trustees shall be divided into three classes of approximately
the same size, each of which shall serve a two year term with
the term of only one class ending and commencing in any one
year, except for the initial Board of Trustees whose initial
term shall be one year followed automatically by a second term
of two years with assignment to the appropriate class.
- Compensation. Trustees shall serve without
compensation except that a reasonable fee may be paid to Trustees
for attending regular and special meetings of the board. In
addition, they shall be allowed reasonable advancement or reimbursement
of expenses incurred in the performance of their duties.
- Nominations of trustees. Prior to the
Annual Meeting, the Nominating Committee shall present to the
Board nominations for membership to the Board of Trustees and
the Honorary Board (per Article 3, Section 2, item (b), below),
consistent with the terms expiring in that year. In the absence
of a Nominating Committee, nominations shall be accepted from
all Trustees and from the non-voting membership at large. All
nominations shall be included in the meeting notice and the
consent of the nominee shall have been obtained prior to his/her
name being presented.
- Election of trustees. Trustees whose term
expires shall be re-elected or replaced by elected successors
at the annual meeting. Election shall be by a majority vote
of the Board of Trustees. Votes may be cast by any method of
communication in accordance with standard business practice.
Each trustee shall cast one vote per candidate, and may vote
for as many candidates as the number of candidates to be elected
to the board. The candidates receiving the highest number of
votes shall be elected to serve on the Board.
- Additional Trustees. The Board may elect
to add Trustees any time during the fiscal year. In that instance,
nominations and election rules will apply and the Board will
assign the newly elected Trustee(s) to the appropriate class.
- Appointment of trustees. Members of the
Advisory Board shall be appointed at the Annual Meeting to serve
for the following calendar year. All appointments shall be included
in the meeting notice and the consent of the appointee shall
have been obtained prior to his/her name being included.
- Vacancies. In the case of vacancies in
any position, successors shall be elected to serve the duration
of the term. The Board of Trustees may also vote to allow the
appointment of a member to fill a temporary vacancy. In that
instance, the appointee shall be selected from the elective
officers or members of the Board of Trustees, Advisory Board,
or Honorary Board. A person so appointed shall also serve the
duration of the term. If the number of Trustees then in office
is less than a quorum, a vacancy on the board may be filled
by approval of a majority of the Trustees then in office or
by a sole remaining Trustee.
- Removal. Trustees shall serve until the
expiration of their term, resignation, or if they should become
unable to act. A Trustee may be removed at any time by a majority
vote of the Board of Trustees.
Section 2 - Adjunct Boards
- Advisory Board. The Advisory Board is
made up of non-voting members who participate in The Conservancy's
activities in an advisory capacity, advising the Full Board
or board committees in their specific area of expertise. Unless
they are actual committee members, Advisory Board Members are
not required to attend meetings but must make themselves available
by phone or e-mail to address and counsel the Board of Trustees
or the relevant committee in their area of expertise. Advisory
Board Members are appointed annually to the Board by the Chairman,
by the Committee Chairs, or by the President or Treasurer. The
Advisory Board is an optional board and there is no limit on
the number of Advisory Trustees.
- Honorary Board. The Honorary Board is
made up of non-voting members who are committed to The ConservancyÕs
mission and who lend their names in support of the organization.
Honorary Board Members are elected by the Full Board, hold a
two-year term, and may be re-elected indefinitely, at the discretion
of the Full Board. Honorary Board members are not required to
attend meetings but may do so at their discretion. The Honorary
Board is an optional board and there is no limit on the number
of Advisory Trustees.
ARTICLE 4 - COMMITTEES
- Executive Committee. There shall be an Executive Committee
of the Board of Trustees consisting of the Chairperson of the
Board of Trustees, the elective officers, and the chairs of
any standing committee. When the Board of Trustees is not in
session, the Executive Committee may exercise the full powers
of the Board that may be lawfully delegated, with the exception
of final determination of policy. Actions taken by the Executive
Committee shall be reported at the next scheduled regular meeting
of the Board of Trustees. The Executive Committee shall keep
regular minutes of its proceedings, cause them to be filed with
the corporate records, and report the same to the board from
time to time as the board may require. The Chairperson of the
Board or, in his/her absence, the President shall chair the
Executive Committee meetings. Three members of the Executive
Committee shall constitute a quorum. Executive Committee meetings
shall be called by the Chairperson, the President, or any two
Executive Committee members.
- Changes to the Executive Committee. By
a majority vote of its members, the Board may at any time revoke
or modify any or all of the Executive Committee authority so
delegated, increase or decrease but not below two (2) the number
of the members of the Executive Committee, and fill vacancies
on the Executive Committee from the members of the board.
- Other Committees. The corporation shall
have such other committees as may be designated by resolution
of the Board of Trustees. All committees must include at least
one Trustee, the committee chair, and may include any number
of advisory or honorary trustees or non-voting Conservancy members
as determined by the committee chair. Except as provided in
the resolution to form a committee, committees shall have no
power beyond a certain budgetary allocation defined by the Board.
- Meetings and Actions of Committees. Meetings
and action of committees shall be governed by, noticed, held
and taken in accordance with the provisions of these Bylaws.
The Board of Trustees may also adopt rules and regulations pertaining
to the conduct of meetings of committees to the extent that
such rules and regulations are not inconsistent with the provisions
of these Bylaws.
ARTICLE 5 - OFFICERS
- Designation of Officers. The elective officers of The
Conservancy shall be a President or Chief Executive Officer
(CEO), one or more Vice President, a Secretary, and a Treasurer.
The appointed officers of The Conservancy shall be one or more
Vice Presidents, Assistant Secretaries, Assistant Treasurers,
and other such officers with such titles as may be determined
from time to time by the elected officers and approved by the
Board of Trustees.
- Qualifications. Any person of legal age
may serve as officer of The Conservancy.
- Election and term of office. Officers
shall be elected by the Board of Trustees, as required, and
each officer shall hold office until he or she resigns or is
removed or is otherwise disqualified to serve, or until his
or her successor is be elected, whichever occurs first.
- Removal and resignation. Any officer may
be removed, with or without cause, by a majority vote of the
Board of Trustees, at any time. Any officer may resign at any
time by giving written notice to the Board of Trustees or to
the President or Secretary of the corporation. Any such resignation
shall take effect at the date of receipt of such notice or at
any later date specified therein, and, unless otherwise specified
therein, the acceptance of such resignation shall not be necessary
to make it effective. The above provisions of this Section shall
be superseded by any conflicting terms of a contract that has
been approved or ratified by the Board of Trustees relating
to the employment of any officer of the corporation.
- Vacancies. Any vacancy caused by the death,
resignation, removal, disqualification, or otherwise, of any
officer shall be filled by the Board of Trustees. In the event
of a vacancy in any office other than that of President, such
vacancy may be filled temporarily by appointment by the President
until such time as the Board shall fill the vacancy. Vacancies
occurring in offices of appointed officers may or may not be
filled at the discretion of the appointer and with the approval
of the Board.
- Duties of the Chairperson. The Chairperson
of the Board shall be the senior Board member of the Board of
Trustees and shall have general responsibility for the functioning
of The Conservancy. He or she shall preside at meetings of the
Board of Trustees and the Executive Committee.
- Duties of the Office of the President.
The President shall be the Chief Executive Officer of the corporation
and shall, subject to the control of the Board of Trustees,
supervise and control the affairs of the corporation and the
activities of the officers. He or she shall perform all duties
incident to his or her office and such other duties as may be
required by law, by the Articles of Incorporation, or by these
Bylaws, or which may be prescribed from time to time by the
Board of Trustee. The President shall appoint any Vice-Presidents
and shall delegate the duties of the Office of the President
at his/her discretion.
Duties of the Office of the President
include:
- Providing leadership to the organization
and delivering consistent achievement of the organization's
mission, goals, and objectives;
- Direct responsibility for the operations,
programs, and assets of the corporation;
- Periodic reporting to the Board of
Trustees on the internal and external matters affecting
the condition and performance of the organization;
- Execution of such deeds, mortgages,
bonds, contracts, checks, or other instruments authorized
by the Board of Trustees;
- In the absence of the Chairperson
of the Board of Trustees, the President shall preside at
all meetings of the Board of Trustees.
- Duties of Office of the Secretary. The
Secretary shall appoint any Assistant Secretaries and shall
delegate the duties of the Office of the Secretary at his/her
discretion.
The duties of the Office of the Secretary
include:
- Maintenance at the principal office
of the corporation the original, or a copy, of these Bylaws
as amended or otherwise altered to date.
- Maintenance at the principal office
of the corporation or at such other place as the board may
determine, a book of minutes of all meetings of the Trustees,
and, if applicable, meetings of committees of Trustees,
recording therein the time and place of holding, whether
regular or special, how called, how notice thereof was given,
the names of those present or represented at the meeting,
and the proceedings thereof.
- Distribution and posting of all notices,
agendas, and pertinent information in accordance with the
provisions of these Bylaws or as required by law.
- Custody of the records and of the
seal of the corporation and affix the seal, as authorized
by law or the provisions of these Bylaws, to duly executed
documents of the corporation.
- Maintenance at the principal office
of the corporation a membership record containing the name
and address of each and all members of the Board of Trustees,
and the Honorary and Advisory Board and, in the case where
any membership has been terminated, he or she shall record
such fact in the membership record together with the date
on which such membership ceased.
- Exhibit at all reasonable times to
any Trustee of the corporation, or to his or her agent or
attorney, on request there from, the Bylaws, the membership
record, and the minutes of the proceedings of the Trustees
of the corporation.
- All general duties incident to the
office of Secretary and such other duties as may be required
by law, by the Articles of Incorporation, or by these Bylaws,
or which may be assigned to him or her from time to time
by the Board of Trustees.
- Duties of the Office of the Treasurer.
The Treasurer shall appoint any Assistant Treasurers and shall
delegate the duties of the Office of the Treasurers to the Assistant
Treasurers at his/her discretion.
The duties of the Office of the Treasurer
include:
- Charge, custody, and responsibility
for, all funds and securities of the corporation, and deposit
all such funds in the name of the corporation in such banks,
trust companies, or other depositories as shall be selected
by the Board of Trustees.
- Receipt of monies due and payable
to the corporation from any source whatsoever.
- Disbursement of the funds of the corporation
as may be directed by the Board of Trustees, taking proper
vouchers for such disbursements.
- Maintenance of the accounts of the
corporation's properties and business transactions, including
accounts of its assets, liabilities, receipts, disbursements,
gains and losses.
- Exhibit at all reasonable times the
books of account and financial records to any Trustee of
the corporation, or to his or her agent or attorney, on
request there from.
- Render to the President and Trustees,
whenever requested, an account of any or all of his or her
transactions as Treasurer and of the financial condition
of the corporation.
- Prepare, or cause to be prepared,
and certify, or cause to be certified, the financial statements
to be included in any required reports.
- In general, perform all duties incident
to the office of Treasurer and such other duties as may
be required by law, by the Articles of Incorporation of
the corporation, or by these Bylaws, or which may be assigned
to him or her from time to time by the Board of Trustees.
- Compensation. The salaries of the officers,
if any, shall be fixed from time to time by resolution of the
Board of Trustees. In all cases, any salaries received by officers
of this corporation shall be reasonable and given in return
for services actually rendered to or for the corporation.
ARTICLE 6 - STAFF
- Executive Director. The Board of Trustees and the President
may jointly hire or appoint an Executive Director for the Corporation.
If and when appointed, the Executive Director shall serve as
the Chief Operating Officer (COO), shall report directly to
the President, and shall be responsible for the Corporation's
day-to-day operations. Specifically, the COO shall be responsible
for the establishment and administration of financial procedures,
including budgets and financial monitoring and reporting; the
establishment and administration of human resources policies
and procedures; and the establishment and administration of
information and communication systems. The COO shall also be
responsible for the management of all other hired personnel
and shall work with the Board in the area of fundraising and
development; programs; and marketing and public relations.
ARTICLE 7 - MEETINGS
- Regular Meeting. Regular meetings shall be conducted by
phone, net-meeting, or videoconference unless otherwise provided
by the Board on the same day of each month, as set at the first
meeting of the calendar year. If the regular meeting day falls
on a legal holiday, the regular meeting shall be held at the
same hour and place on the next business day. No notice shall
be given of any regular meeting but the Agenda, pertinent monthly
reports, and other relevant materials shall be posted on the
Conservancy's web site private directory no later than 7 days
prior to the meeting.
- Annual Meeting. The Annual Meeting of
the Board of Trustees shall take place during the last calendar
quarter. The specific date, time, and place to be announced
no earlier than 90 days and no later than 30 days prior to the
meeting. The Annual Meeting shall be combined with the Annual
Retreat and, to the extent possible, Trustees shall attend in
person. The Annual Meeting Agenda, pertinent annual reports,
and other relevant materials shall be posted on the Conservancy's
web site private directory no later than 14 days prior to the
meeting.
- Annual Retreat. The Annual Retreat of
the Board of Trustees shall take place immediately following
the Annual Meeting. The specific date, time, and place to be
announced in conjunction with the Annual Meeting announcement.
The agenda and all relevant materials for the Annual Retreat
shall be posted to the Conservancy's web site private directory
no later than 30 days before the retreat.
- Special Meetings. Special meetings of
the Board of Trustees may be called by the Chairperson of the
Board, the President, the Vice-President, the Treasurer, the
Secretary, or by any three Trustees. Such meetings shall be
conducted by phone, net-meeting, or videoconference unless otherwise
provided by the person or persons calling the special meeting.
The Secretary shall give at least one-week prior notice to each
Trustee for each special meeting. Such notice shall be sent
via e-mail with return receipt requested, and shall state the
place, date and time of the meeting and the matters proposed
to be acted upon at the meeting.
- Leave of Absence. A Trustee may request
a leave of absence from the Board of up to one year. If the
leave of absence causes an undue burden to the Board or hinders
the furtherance of the organization's goals and objectives,
the Board may elect to consider the leave of absence a temporary
vacancy and to fill that vacancy according to the provisions
of Article 3, Section 1, item (h), with the term of the temporary
office expiring upon return of the Trustee taking the leave
of absence.
- Attendance. Trustees shall attend a minimum
of eight (8) meetings per calendar year. Failure to attend the
minimum of meetings prescribed by these Bylaws will automatically
result in a motion by the Chairperson to remove the Trustee
from office. If the motion is not seconded, and passed, the
Trustee shall be placed on leave of absence for a duration agreed
upon by the Board.
- Quorum. A quorum shall consist of one
half of the members of the Board of Trustees but not less than
three (3) Trustees, whichever is greater, except in times where
there is less than three (3) Trustees on the Board. Except as
otherwise provided under the Articles of Incorporation, these
Bylaws, or provisions of law, no business shall be considered
by the board at any meeting at which the required quorum is
not present, and the only motion which the Chair shall entertain
at such meeting is a motion to adjourn.
- Majority action as Board action. Every
act or decision done or made by a majority of the trustees present
at a meeting duly held at which a quorum is present is the act
of the Board of Trustees, unless the Articles of Incorporation,
these Bylaws, or provisions of law require a greater percentage
or different voting rules for approval of a matter by the board.
- Meeting Conduct. Meetings of the Board
of Trustees shall be presided over by the Chairperson of the
Board, or, if no such person has been so designated or, in his
or her absence, the President of the corporation or, in his
or her absence, by the Vice President of the corporation or,
in the absence of each of these persons, by a Chairperson chosen
by a majority of the Trustees present at the meeting. The Secretary
of the corporation shall act as secretary of all meetings of
the board, or, in his or her absence, shall appoint an Assistant
Secretary or other Trustee to act as Secretary of the Meeting.
Meetings shall be governed by Robert's
Rules of Order, insofar as such rules are not inconsistent
with or in conflict with the Articles of Incorporation, these
Bylaws, or with provisions of law. All regular meetings shall
make use of both, continuing and consent agendas.
ARTICLE 8 - FISCAL POLICY
- Fiscal Year. The Conservancy's fiscal year shall be from
January 1 of one year to December 31 of the same year.
- Financial Planning. The Board of Trustees
shall be responsible for approving the annual budget; monitoring
actuals against projected on a quarterly basis and making adjustments
to the budget if required.
- Quarterly Financial Reports. Quarterly
financial reports shall be compiled in conformity with standard
business accounting practices and reviewed by the Board, within
30 days from each quarter end.
- Annual Financial Statements. Complete
financial statements compiled in conformity with standard business
accounting practices, and accompanied by an audit report from
an independent CPA, shall be reviewed by the Board within [60
days] of the close of each fiscal year.
- Audits. There shall be an annual audit
of The Conservancy by an independent certified public accountant.
The Board of Trustees may direct the audits of other accounts
at such time and in such manner as it may specify.
- Disbursements. Disbursements shall be
made only in accordance with specific authorization and consistent
with the general budget approved annually by the Board of Trustees.
- Annual Report. An annual report updating
as required the Corporation's purpose, structure, programs,
and financial condition shall be published in conjunction with
the annual financial statements and made publicly available.
- Execution Of Instruments. The Board of
Trustees, except as otherwise provided in these Bylaws, may
by resolution authorize any officer or agent of the corporation
to enter into any contract or execute and deliver any instrument
in the name of and on behalf of the corporation, and such authority
may be general or confined to specific instances. Unless so
authorized, no officer, agent, or employee shall have any power
or authority to bind the corporation by any contract or engagement
or to pledge its credit or to render it liable monetarily for
any purpose or in any amount.
- Checks And Notes. Except as otherwise
specifically determined by resolution of the Board of Trustees,
or as otherwise required by law, checks, drafts, promissory
notes, orders for the payment of money, and other evidence of
indebtedness of the corporation shall be signed by the Treasurer
and countersigned by the President of the corporation.
- Deposits. All funds of the corporation
shall be deposited from time to time to the credit of the corporation
in such banks, trust companies, or other depositories as the
Board of Trustees may select.
- Gifts. The Board of Trustees may accept
on behalf of the corporation any contribution, gift, bequest,
or devise for the nonprofit purposes of this corporation.
ARTICLE 9 - INDEMNIFICATION
- Definitions. For the purpose of this Article 9, the following
definitions apply:
- "Agent" means any person who is or
was a trustee, officer, employee, or other agent of the
Corporation, or is or was serving at the request of the
Corporation as a trustee, officer, employee or agent;
- "Proceeding" means any threatened,
pending, or completed action or proceeding, whether civil,
criminal, administrative or investigative;
- "Expenses" includes, without limitations,
attorneyÕs fees and any expenses of establishing the right
to indemnification under this Article 9.
- Personal Liabilities. All agents of The
Conservancy shall be immune from civil liability in accordance
with the California Corporations Code, Section 5231.
- Indemnification by Corporation. All agents
of the Corporation shall be indemnified by the corporation to
the fullest extent permissible under the laws of the state of
California, provided that the Corporation is authorized by a
determination that indemnification of the agent is proper under
the specific proceedings and circumstances. Such authorization
and determination shall be made by:
- A majority vote of the Trustees who
are not party to the proceedings;
- The court in which such proceeding
is or was pending.
- Insurance for corporate agents. Except
as may be otherwise provided under provisions of law, the corporation
shall maintain a Directors and Officers (D&O) insurance policy
against liabilities asserted against or incurred by agents,
whether or not the corporation would have the power to indemnify
the agent against such liability under the Articles of Incorporation,
these Bylaws or provisions of law; provided however that the
Corporation shall have no power to purchase and maintain insurance
to indemnify any agent for a violation of Section 5233 of the
California Corporations Code.
ARTICLE 10 - CORPORATE RECORDS AND SEAL
- Corporate Records. The corporation shall keep at its principal
office:
- Minutes of all meetings of Trustees, committees
of the board and, if this corporation has members, of all meetings
of members, indicating the time and place of holding such meetings,
whether regular or special, how called, the notice given, and
the names of those present and the proceedings thereof.
- Adequate and correct books and records
of account, including accounts of its properties and business
transactions and accounts of its assets, liabilities, receipts,
disbursements, gains and losses.
- A record of its members, if any, indicating
their names and addresses and, if applicable, the class of membership
held by each member and the termination date of any membership.
- A copy of the corporation's Articles of
Incorporation and Bylaws as amended to date, which shall be
open to inspection by the members, if any, of the corporation
at all reasonable times during office hours.
- Corporate Seal. The signature of the Secretary
of the Corporation shall constitute the corporate seal.
- Trustees' Inspection Rights. Every trustee
shall have the absolute right at any reasonable time to inspect
and copy all books, records and documents of every kind and
to inspect the physical properties of the corporation and shall
have such other rights to inspect the books, records and properties
of this corporation as may be required under the Articles of
Incorporation, other provisions of these Bylaws, and provisions
of law.
ARTICLE 11 - IRC 501(c)(3) TAX EXEMPTION PROVISIONS
- Limitations on activities. No substantial part of the
activities of this corporation shall be the carrying on of propaganda,
or otherwise attempting to influence legislation [except as
otherwise provided by Section 501(h) of the Internal Revenue
Code], and this corporation shall not participate in, or intervene
in (including the publishing or distribution of statements),
any political campaign on behalf of, or in opposition to, any
candidate for public office.
Notwithstanding any other provisions
of these Bylaws, this corporation shall not carry on any activities
not permitted to be carried (a) by a corporation exempt from
federal income tax under Section 501(c)(3) of the Internal
Revenue Code, or (b) by a corporation, contributions to which
are deductible under Section 170(c)(2) of the Internal Revenue
Code.
- Prohibition against private inurement.
No part of the net earnings of this corporation shall inure
to the benefit of, or be distributable to, its members, directors
or trustees, officers, or other private persons, except that
the corporation shall be authorized and empowered to pay reasonable
compensation for services rendered and to make payments and
distributions in furtherance of the purposes of this corporation.
- Distribution of assets. Upon the dissolution
of this corporation, its assets remaining after payment, or
provision for payment, of all debts and liabilities of this
corporation shall be distributed for one or more exempt purposes
within the meaning of Section 510(c)(3) of the Internal Revenue
Code or shall be distributed to the federal government, or to
a state or local government, for a public purpose. Such distribution
shall be made in accordance with all applicable provisions of
the laws of this state.
ARTICLE 12 - AMENDMENT OF BYLAWS
- Amendment. Except as may otherwise be specified under
provisions of law, these Bylaws, or any of them, may be altered,
amended, or repealed and new Bylaws adopted by approval of the
Board of Trustees.
ARTICLE 13 - APPLICATION OF LAW
- Application of the law of the State of California. In
matters not addressed by these Bylaws, this corporation shall
be governed in accordance with the State of California Corporation
Code for Nonprofit Public Benefit Corporations, Sections 5110-6910.
African
Conservancy is a 501(c)(3) nonprofit organization
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