Changes

By-Laws

8 bytes added, 15:53, 28 July 2016
/* ARTICLE I — NAME AND LOCATION OF CORPORATION */
Section 1.03. Seal. The seal of the corporation shall be in the form of a circle and shall bear the name of the corporation, the year of it’s incorporation, the arms of the Society, and the words “Semper Augustus”.
Section 1.04. Distribution of Assets. No member, [[Directors|director]] or [[Elected Officers|officer]] shall be entitled to share in the distribution of any of the corporate assets upon dissolution of the corporation, or the winding up of its affairs. Upon such dissolution or winding up, all remaining assets of the corporation, after payment of or provision for all corporate debts and obligations, shall be distributed by the [[Board|board of directors]] for substantially similar uses and purposes to an organization that then qualifies for exemption under the provisions of Section 501(c)(3) of the Code, or subsequent revisions of such.
==ARTICLE II — MEMBERSHIP==
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