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BY-LAWS
OF
CITY OF FAIRFAX BAND ASSOCIATION, INC.
ARTICLE I
Purpose
The purpose or purposes for which CITY OF FAIRFAX BAND ASSOCIATION, INC. ("the Corporation") is organized are:
for charitable, educational and scientific purposes within the meaning of section 501(c)(3) of the Internal Revenue Code of 1986, as amended ("Code"), or corresponding provision of any subsequent Federal tax laws; to engage in activities relating to the aforementioned purposes; and to invest in, receive, hold, use and dispose of all property, real or personal as may be necessary or desirable to carry into effect the aforementioned purposes; and in furtherance but not in limitation thereof,
to stimulate, promote and develop interest in the musical environments, to educate the general public in the musical environment, to advance the national culture in the musical environment through the performance of, and education in the wind and percussion ensemble, and symphonic band musical literatures;
to provide opportunity for development of individual musicianship and musical skills; and for individual musical expression and enjoyment of music among its membership and the general public.
No part of the net earnings of the Corporation shall inure to the benefit of any member or other individual. None of the property of the Corporation shall be distributed directly or indirectly to any member of the Corporation. The Corporation shall not carry on propaganda or otherwise attempt to influence legislation, and which does not participate in, or intervene in (including the publishing or distributing of statements), any political campaign on behalf of any candidate for public office. In the event of the dissolution or liquidation of the Corporation, any assets then remaining shall be distributed among such organizations as shall qualify at the time as exempt organizations described in Code section 501(c)(3) as the Directors shall determine. The Corporation shall not engage in any transaction or do or permit any act or omission which shall operate to deprive it of its tax exempt status under section 501(c)(3) of the Code.
If the Corporation is a private foundation as defined in section 509 of the Internal Revenue Code,
(1) the Corporation will distribute its income for each taxable year at such time and in such manner as not to become subject to the tax on undistributed income imposed by section 4942 of the Internal Code, or corresponding section of any future Federal Tax Code.
(2) the Corporation will not engage in any act of self dealing as defined in section 4941(d) of the Internal Revenue Code, or corresponding section of any future Federal Tax Code.
(3) the Corporation will not retain any excess business holdings as defined in section 4943(c) of the Internal Revenue Code, or corresponding section of any future Federal Tax Code.
(4) the Corporation will not make any investments in such manner as to subject it to tax under section 4944 of the Internal Revenue Code, or corresponding section of any future Federal Tax Code.
(5) the Corporation will not make any taxable expenditures as defined in section 4945(d) of the Internal Revenue Code, or corresponding section of any future Federal Tax Code.
(6) the Corporation shall not participate in, or intervene in (including the publishing or distributing of statements), any political campaign on behalf of or in opposition to any candidate for public office.
(7) the Corporation shall not make any expenditures to influence legislation.
ARTICLE II
Offices
The Corporation shall have and continuously maintain in the State of Virginia a registered office and a registered agent whose office is identical with such registered office, and may have other officers within or without the State of Virginia as the Board of Directors may from time to time determine.
Continue to Part 2
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