Proposed By-Laws change

Submitted by David Vincent

 

CHANGE #1

Append to         Section 5.3        Length of Term

 

The President/Chair of the Board, Vice-President/Treasurer and Secretary shall not serve concurrent terms.

 

 

CHANGE #2

Change Section 3.1

 

            The Corporation does not contemplate pecuniary gain or profit to its members.  The primary purposes and essence of the Corporation are exclusively charitable, educational and non-profit as defined under Section 501 (c)(6) of the Internal revenue Service Code of 1986, as amended and the regulation thereunder.

 

To read:

 

            The Corporation does not contemplate pecuniary gain or profit to its members.  The primary purposes and essence of the Corporation are exclusively charitable, educational and non-profit as defined under Section 501 (c)(3) of the Internal revenue Service Code of 1986, as amended and the regulation thereunder.