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(1) |
To adopt Race Rules as
necessary to fulfill section 2(a). |
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(b) |
The general purposes and powers
are: |
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(1) |
To sue and be sued in its own
name. |
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(2) |
To enter into
and perform contracts in its own name, provided, that no member of
this Association shall be individually or personally liable for the
debts or liabilities contracted or incurred by the Association,
unless such member, or the members agent, assumes such debt or
liability. Further, there is no presumption or inference that any
member of this Association has consented or agreed to the incurring
of any obligation by the Association from the mere fact of joining
or being a member thereof, or signing its Bylaws. |
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(3) |
To enter into any of the
commercial transactions authorized by law. |
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(4) |
To purchase,
receive, own, hold, lease, mortgage, pledge, or encumber by deed of
trust or otherwise, manage, and sell all such real estate and other
property of every kind, nature, and description as may be necessary
for the purpose and objectives of the Association. |
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(5) |
To receive
gifts of real or personal property, in trust or otherwise. To take
and receive by will or deed all real or personal property necessary
for its purpose and objectives, subject to the laws regulating the
transfer of property by will. To take and receive by will or deed
all real or personal property not necessary for its purposes and
objects and hold it until disposed of within a period of ten (10)
years. |
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(6) |
To adopt,
alter, or cancel an insignia and to register such insignia,
alteration, or cancellation thereof with any appropriate
governmental office. |
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(7) |
To adopt, use,
and at will alter an Association seal, but failure to affix the seal
shall not affect the validity of any instrument. |
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(8) |
To adopt, amend, or repeal Bylaws in such manner as may be provided therein.
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(9) |
To adopt, amend and repeal
Rules for the racing of Whippets. |
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(10) |
Generally to
have and exercise all other rights and powers now conferred, on such
associations by law, or which do not contravene the law or public
policy of the United States, or any state. |
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The
principal office of the Association for the transaction of its
business shall be located at the home address of the duly
elected Association Secretary - Treasurer, or at such other
location as the National Race Director shall designate. |
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(a) |
The
powers of the Association shall be exercised, its property
controlled, and its affairs conducted by the Board of
Directors. |
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(b) |
Board of Directors are: |
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(1) |
National Race Director |
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(2) |
Secretary - Treasurer |
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(3) |
Regional Race Directors |
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(c) |
The
qualifications, the time, and manner of electing, the terms
of office, the duties and compensation, if any, and the
manner of removing the governing body and filling vacancies
shall be set forth in the Bylaws of this Association. |
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(a) |
There shall by one type of Membership. That membership
shall be racing club members. |
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(b) |
A Club Member shall
be a club, association or corporation duly admitted to
membership by the Association. |
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(c) |
Only active Member Clubs shall have voting rights in the
Association, and the rights of each Member Club shall be
equal. Active Clubs, for this section, are Clubs that
have held at least one (1) meet under the rules of this
Association in the 12 months prior to the election
date.
Active
Clubs, for this section, are Clubs that have held at
least one (1) meet under the rules of this Association
in the twelve (12) months prior to November 1st
(the date that ballots are mailed to the clubs for
voting). [see ByLaws section 6.03(b)] |
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(d) |
The interest of any member of this Association is the
personal property of that member, and no member shall
have any interest in the property held by the
Association, regardless of the time or manner in which
said property is acquired |
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This Association shall be dissolved and its affairs
wound up by the vote or written consent of eighty
percent (80%) or more of its voting members, and not
otherwise. |
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| 7. |
DEDICATION OF
ASSETS AND DISTRIBUTION ON DISSOLUTION |
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(a) |
This Association is not organized, nor shall it be
operated, for pecuniary gain or profit, and it does
not contemplate the distribution of gains, profits,
or dividends to the members thereof and is organized
solely for nonprofit purposes. |
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(b) |
The property, assets, profits, and net income of
this Association are irrevocably dedicated to the
purposes as stated in Article II and no part of the
profits or net income of this Association shall ever
inure to the benefit of any Director, officer, or
member thereof. |
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(c) |
On the dissolution of this Association, its assets
remaining after payment of, or provision for payment
of, all debts and liabilities of this Association
shall be distributed to a nonprofit fund,
foundation, or corporation which is organized and
operated exclusively for educational or recreational
purposes relating to the Whippet breed, which has
established its tax-exempt status under the Internal
Revenue Code. |
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| 8. |
LIMITATION ON POLITICAL ACTIVITIES |
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No part of the activities of this Association
shall consist of attempting to influence
legislation, nor shall this Association
participate in or intervene in (including the
publication or distribution of statements) any
political campaign on behalf of any candidate
for public office. |
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| 9. |
DISTRIBUTION OF INCOME AND PROHIBITED ACTIVITIES |
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Notwithstanding any other provision in this
Constitution, this Association shall be subject
to the following limitations and restrictions: |
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(a) |
This Association shall not engage in any act
of self dealing, retain any excess business
holdings, make any investments subject to
taxation, nor make any taxable expenditure,
as may be proscribed by the Internal Revenue
Code. |
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