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| Articles of Incorporation for Oregon Green Party Fund |
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Articles of Incorporation of the undersigned, a majority of whom are citizens of the United States, desiring to form a non-profit corporation under Oregon Corporation Law, ORS section _______, do hereby certify: ARTICLE 1 Section 1.01. Name. The name of the Corporation is "Oregon Green Party Fund". ARTICLE 2 Section 2.01. Purpose. The purpose for which the Corporation is formed is the transaction of any or all lawful business for which non-profit corporations may be incorporated under the laws of Oregon. Section 2.02. Powers. The Corporation shall have the same powers as an individual to do all things necessary or convenient to carry out its business and affairs, subject to any limitations or restrictions imposed by applicable law or these Articles. Section 2.03. Purpose. Said Corporation is organized exclusively for charitable purposes and for the promotion of community welfare. The charitable purposes of the organization includes the making of distributions to organizations that qualify as exempt organizations under 501(c)(3) of the Internal Revenue Code, or the corresponding section of any future federal tax code. ARTICLE 3 Section 3.01. Registered Office and Agent. The name of the registered agent and the street address of the registered office of the Corporation are as follows:
ARTICLE 4 Section 4.01. Number and Qualification. The number of directors of the Corporation shall be specified, from time to time, by the Code of Bylaws, which number may be increased or decreased from time to time by amendment of the Bylaws. ARTICLE 5 Section 5.01. Name and Address. The name and address of the Incorporator of the Corporation are as follows:
ARTICLE 6 Section 6.01. Code of Bylaws. The Board of Directors of the Corporation shall have the power to make, alter, amend, or repeal the Bylaws of the Corporation, subject to the restriction that a unanimous vote of the Directors is necessary to take these actions. Section 6.02. Indemnification. The Corporation shall indemnify a director or officer of the Corporation who was wholly successful, on the merits or otherwise, in the defense of any proceeding to which the director or officer was a party because the director or officer is or was a director or officer of the Corporation against reasonable expenses incurred by the director or officer in connection with the proceeding. ARTICLE 7 Section 7.01. Limitations. No part of the net earnings of the corporation shall inure to the benefit of, or be distributable to its members, 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 set forth in Article Two hereof. The 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 provision of these articles, the corporation shall not carry on any other activities not permitted to be carried on by a corporation exempt from federal income tax under 501(c)(3) of the Internal Revenue Code, or the corresponding section of any future federal tax code. ARTICLE 8 Section 8.01. Dissolution. In the event of dissolution, either voluntary or involuntary, assets shall be used to pay debts and liabilities of the Corporation. Any remaining assets shall be distributed for one or more exempt purposes within the meaning of section 501(c)(3) of the Internal Revenue Code, or the corresponding section of any future federal tax code.Any such assets not so disposed of shall be disposed of by a Court of competent jurisdiction of the county in which the principal office of the corporation is then located, exclusively for such purposes or to such organization or organizations as said Court shall determine, which are organized and operated exclusively for such purposes. ARTICLE 9 Article 9.01. Non-Stock Basis. This corporation shall be organized upon a nonstock basis. ARTICLE 10 Article 10.01. This corporation is to have perpetual existence. EXECUTED this _________day of _____________, 1997
Note: These Sample State Bylaws are intended as bylaws for the non-profit (c)(3) non-political organization for the issue-oriented work of the Greens. They are used in conjunction with the sample Articles of Incorporation on this page, and are used to define the Green Party Fund within the state. Call Tom at (717) 530-0931 if you have questions about this document. It is intended as a beginning structural document, containing the bare minimum of information necessary for the formation of a non-profit corporation. |
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