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- The management of the affairs of the corporation shall be vested in an Executive Board, as defined in the corporation's bylaws. The Executive Board shall serve the good of the Association and shall further the goals and objectives set out in the Constitution and Bylaws of the Association. BYLAWS OF SUNLAND OWNERS ASSOCIATION ARTICLE I Name and Location Section 1. E name of the Association shall be SUNLAND. 4 Responses to Ultra Vires Acts: Why Nonprofits Must Follow Their Articles Bylaws
- Your Articles of Incorporation will be customized for Alabama. ArticleXII IndemnificationIn addition to any rights provided in the Articles of Incorporation or by law, if a person is sued, either alone or with others, because the person is or was a Member, Director or Officer of the Corporation, or of another entity serving at the request of the Corporation, in any proceeding arising out of the person's alleged misfeasance or nonfeasance in the performance of the person's duties or out of any alleged wrongful act against the Corporation or by the Corporation, the person shall be indemnified for the person's liability and reasonable expenses, including attorneys' fees incurred in the defense of the proceeding, if both of the following conditions exist: The person sued is successful in whole or in part, or the proceeding against that person is settled or dismissed; and The impartial members of the Board of Directors determine that the conduct fairly and equitably merits such indemnity. An existing insurer uses the Uniform Certificate of Authority Corporate Amendments Application for requesting amendments to its Certificate of Authority.
- Like any corporation, the bylaws provide the nonprofits operating rules, such as officer election and length of tenure, voting procedures and hiring practices. United States. E articles of incorporation outline the governance of a corporation along with the corporate bylaws and the corporate statutes in the state where. In order to form a nonprofit corporation, you must file articles of incorporation (sometimes called a "certificate of incorporation" or "charter document" or.
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