1.01 Name
The name of this corporation shall be Stillwater Area Scholastic Cycling Advocates. The business of the corporation may be conducted as Stillwater Area High School Mountain Bike Team or Stillwater MTB.2.01 Duration
The period of duration of the corporation is perpetual.3.01 Purpose
Stillwater Area Scholastic Cycling Advocates is a non-profit corporation and shall operate exclusively for educational and charitable purposes within the meaning of Section 501 (c)(3) of the Internal Revenue Code, or the corresponding section of any future Federal tax code.3.02 Public Benefit
Stillwater Area Scholastic Cycling Advocates is designated as a public benefit corporation.4.01 Non-profit Nature
Stillwater Area Scholastic Cycling Advocates is organized exclusively for charitable and educational purposes including, for such purposes, the making of distributions to organizations that qualify as exempt organizations under section 501(c)(3) of the Internal Revenue Code, or corresponding section of any future federal tax code. No part of the net earnings of Stillwater Area Scholastic Cycling Advocates 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 in the purpose clause hereof.4.02 Personal Liability
No officer or director of this corporation shall be personally liable for the debts or obligations of Stillwater Area Scholastic Cycling Advocates of any nature whatsoever, nor shall any of the property or assets of the officers or directors be subject to the payment of the debts or obligations of this corporation.4.03 Dissolution
Upon termination or dissolution of the Stillwater Area Scholastic Cycling Advocates, any assets lawfully available for distribution shall be distributed to one (1) or more qualifying organizations described in Section 501(c)(3) of the Internal Revenue Code of 1986 (or described in any corresponding provision of any successor statute) which organization or organizations have a charitable purpose which, at least generally, includes a purpose similar to the terminating or dissolving corporation.4.04 Prohibited Distributions
No part of the net earnings or properties of this corporation, on dissolution or otherwise, shall inure to the benefit of, or be distributable to, its members, directors, officers or other private person or individual, 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 in Article III, Section 3.01.4.05 Restricted Activities
No substantial part of the corporation’s activities shall be the carrying on of propaganda, or otherwise attempting to influence legislation, and the corporation shall not participate in, or intervene (including the publishing or distribution of statements) in any political campaign on behalf of or in opposition to any candidate for public office.4.06 Prohibited Activities
Notwithstanding any other provision of these Articles, the corporation shall not carry on any activities not permitted to be carried on (I) by a corporation exempt from federal income tax as an organization described by Section 501(c)(3) of the Internal Revenue Code, or the corresponding section of any future federal tax code, or (II) 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.5.01 Governance
Stillwater Area Scholastic Cycling Advocates shall be governed by its board of directors.5.02 Initial Directors
The initial directors of the corporation shall be Craig Calvin Jones, Hank Gray, Mark Trumper, Mike Lyner, and Michael Noer.6.01 Membership
Stillwater Area Scholastic Cycling Advocates shall have no members. The management of the affairs of the corporation shall be vested in a board of directors, as defined in the corporation’s bylaws.7.01 Amendments
Any amendment to the Articles of Incorporation may be adopted by approval of two-thirds (2/3) of the board of directors.8.01 Corporate Address
The address of the corporation is: Stillwater Area Scholastic Cycling Advocates PO Box 815 Stillwater MN 550829.01 Registered Agent
The Stillwater Area Scholastic Cycling Advocates is not filing with an agent.