By-Laws of Cloud 9 Ranch Club, Inc.Definitions
- The business and affairs of the corporation shall be managed by its Board of Directors as usedherein “Board” shall mean Board of Directors of Cloud 9 Ranch Club, Inc.
To send notice, ballot, or communication to members personally, by e-mail or postal mail. If given by postal mail, such notice shall be deemed to be delivered when deposited in the UnitedStates Mail addressed to the member at his address as it appears on the records of the corporation,with postage thereon prepaid. E-mail notice will be sent as per request by the member and shallinclude the e-mail address of such member.
One of seven elected members of the Board of Directors.
Voting Authority –
Total number of members voting in the most recent election for Board of Directors.
Voting Power –
The total number of members entitled to vote for a Board of Directors election.
Voting Representation –
The total number of members of the corporation voting at an annual meeting inperson and or by proxy.
By-lawARTICLE I – Names & Offices
The name of this corporation shall be Cloud 9 Ranch Club, Inc. and its principal office shall be located inCaulfield, Missouri.
ARTICLE II – Purpose & PowersSection 1. General.
Cloud 9 Ranch Club, Inc. is organized to manage, operate, and maintain a social andrecreational ranch for the pleasure and recreation of its members: to engage in other non-profitableactivities similar to pleasure and recreation which are exempt activities under Section 501 © (7) of theInternal Revenue Code of 1954 or the corresponding provision of any future United States InternalRevenue law.
Section 2. Non-political.
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, including the publishing or distribution of statements, any political campaign on behalf of any candidate for public office.
Section 3. Not-for-profit.
The corporation shall be conducted at all times as a not-for-profit organizationand no part of the net earnings of the corporation shall inure to the benefit of, or be distributed to itsmembers, directors, officers, or other private persons, except that the corporation shall be authorized andempowered to pay reasonable compensation for services rendered and to make payments and distributionin furtherance of the purposes set forth in Section I of the Article. Provided further, that in no event shallany of the assets of the corporation be the Diversion of such assets from purposes which qualify as exemptunder Section 501 © (7) of the Internal Revenue code of 1954 or the corresponding provision of anyfuture United States Internal Revenue law. The corporation shall do whatever is necessary, conducive,