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ARTICLES OF INCORPORATION

ARTICLE I

The name of the corporation is Laingsburg Soccer Club (LSC).

1. To operate exclusively for the purposes set forth in Section 501(c)(3) of the Internal Revenue Code, as amended (the"Code"), including for purposes such as making of distributions to organizations that qualify as exempt organizations under Code Section 501(c)(3).

2. To receive and administer funds, to acquire, to own, to invest, to dispose of, and to deal with real and personal property and interests, and to apply gifts, contributions, grants, bequests and devises, and the income and proceeds, in furtherance of the purposes of the Michigan Nonprofit Corporation Act of 1982, MCLA §§450.2101 et.seq., MSA §§21.197 et.seq. (the "Act") and by the Articles of Incorporation and bylaws of the Corporation, with all the powers conferred on it by the provisions of the Michigan Nonprofit Corporation Act (the "Act") and by the Articles of the Incorporation and the by-laws of the Corporation.

3. The purpose for which the corporation is organized is to promote soccer for the youth and adults in the Laingsburg Community.

1. The corporation is organized upon a NONSTOCK basis.

2. The description and value of personal property assets are: NONE

3. The corporation is financed under the following general plan:
Donations and fund raisers from the local community.

4. The corporation is organized on a Directorship basis.

1. The address of the registered office is:

To be determined at Board Meeting

2. The name of the resident agent at the registered office is:

To be determined at Board Meeting

The names and addresses of the incorporators are as follows:

Name Residence or Business Address

To be determined at Board Meeting

1. Notwithstanding any other provisions of these Articles, the Corporation may not carry on any other activities not permitted to be carried on by a corporation exempt from federal income tax under Code Section 501(c)(3), or by a corporation, contributions to which are deductible under Code Section 170(c)(2).

2. No part of the net earnings of the Corporation may inure to the benefit of, or be distributable to, its directors, officers or other private persons.

3. No substantial part of the activities of the Corporation may be carrying on of propaganda, or otherwise attempting to influence legislation (except as provided in Code Section 501(h) and the Corporation may not participate in, or intervene in (including the publishing or distribution of statements) and political campaign on behalf of (or in opposition to) any candidate for public office.

In the event of dissolution of the Corporation, the Board of Directors may distribute the assets of the Corporation as follows:

1. All outstanding debts will be paid.

2. The balance will be distributed at the discretion of the Board.

To the full extent permitted by law, no member of the executive council or member at large of the Corporation will be personally liable to the corporation or its members for damages for breach of the director's fiduciary duty, unless acts or omissions were not in good faith or that involve intentional misconduct or a knowing violation of law, a transaction from which the director or officer derived an improper personal benefit.

To the full extend permitted by law, the Corporation assumes all the liability to any person other than the Corporation or its members for all acts or omissions of a volunteer director or volunteer officer. The Corporation may purchase insurance protecting any or all of them from civil liability occasioned by their conduct when serving at the request of the corporation.

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Copyright © 2001

Page Created April 5th, 2001
Page Updated April 8th, 2001