The Medina Soccer Association is a non-profit organization created to teach the game of soccer and develop the concept of good sportsmanship and fair play. The Association is organized exclusively for charitable and education purposes under Section 501-(c) (3) of the Internal Revenue Code of 1954.

 

No part of the net earnings of the Association shall inure to the benefit of, or be distributed 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.

 

Not withstanding any other provisions of these articles, the corporation shall not carry any other activities not permitted to be carried on (a) by a corporation exempt from Federal Income Tax under Section 501 (c) (3) of the Internal Revenue Code of 1954.

 

 

Upon the dissolution of the Medina Soccer Association, the Board of Directors shall, after paying or making provisions for the payment of all liabilities of the Association, dispose of all assets of the Association in such a manner, or to such Organization or education purposes as shall at the time qualify as an excempt organization or organizations under Section 501 (c) (3) of the Internal Revenue Code of 1954 (or the corresponding provisions of any future United States Internal Revenue Code), as the Executive Board shall determine. Any such assets not disposed of shall be disposed of by the Court of Common Pleas of the county in which the principle office of the Association is then located, exclusively for such purpose or to such organization as said court shall determine, which are organized and operated for such purposes.

 

 

A. This constitution may be amended by a simple majority vote of the membership at the annual general meeting (AGM), provided however, that the proposed amendments should be presented to the membership in writing at least 30 days prior to the AGM. Amendments submitted 30 days prior need a simple majority to be adopted. Amendments proposed at the AGM must receive 75% of the vote of those who cast their ballots.