KNOW ALL MEN BY THESE PRESENTS, that we, the members of the Cheyenne Mountain Repeater Group Inc., in pursuance of the general laws of the State of Colorado, particularly Title 7, Articles 20 through 29, Colorado Revised Statutes, and in accordance with the provisions of such laws, do hereby make, execute and acknowledge these Articles of Incorporation as follows:
The corporate name of our said Corporation shall be The Cheyenne Mountain Repeater Group Inc.
This corporation shall have perpetual existence.
The object for which our said Corporation is formed and incorporated is for the purpose of:
The business and affairs of the Corporation shall be under the control and management of a Board of Directors consisting of six elected and one appointed directors, each of whom shall be a member of the Corporation. Successors to the six elected directors shall be elected by the members as provided in the bylaws. Successors to the one appointed director shall be appointed as provided in the bylaws.
This corporation shall have no capital stock. Upon the dissolution of the Corporation, 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 codes. Distribution shall be to an organization with similar purposes relating to amateur radio. 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 organizations as said Court shall determine, which are organized and operated exclusively for such purposes.
The principle office of said Corporation shall be located in Colorado Springs, County of El Paso and State of Colorado.
The members of this corporation shall have power from time to time to make, alter or amend such by-laws as they shall deem proper for the management of the affairs of this corporation, and such adoption, change, amendment or repeal shall be done as provided in the by-laws. The officers of the Corporation shall be elected as provided in the by-laws provided that all such officers shall be members of the Board of Directors.
The Corporation reserves the right to alter, amend, change or repeal any provisions contained in these Articles of Incorporation in the manner now or hereafter prescribed by law, provided these Articles cannot be so amended so that the purpose for which this corporation is formed shall be other than non-profit, charitable or educational.
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 above. No substantial part of the activities of The Corporation shall be the carrying on of propaganda, or otherwise attempting to influence legislation, and The Corporation shall not participate in, or intervene in 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 (a) by a corporation exempt from federal income tax under section 501(c)(3) of the Internal Revenue Code, or the corresponding section of any future federal tax code, or (b) by a corporation, contributions to which are deductible under section 170(c)(2) of the Internal Revenue Code, or the corresponding section of any future federal tax code.
Return to the CMRG Home Page