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|2018 Elections - Articles of Incorporation|
SOUTHERN UNIVERSITY ALUMNI FEDERATION
ARTICLES OF INCORPORATION
NAME AND TITLE
Section 1. The name and title of this corporation shall be the SOUTHERN UNIVERSITY ALUMNI FEDERATION.
Section 1. The domicile of this corporation shall be at Southern University, Baton Rouge, Louisiana.
MISSION AND PURPOSES
Section 1. The Federation’s mission is to support the goals and objectives of the Southern University System and its campuses through recruitment, financial support, public relations, community outreach, talent, loyalty, dedication and commitment to high standards. (Recommended amendment 08.16.2014)
Section 2. The purposes for which the Southern University Alumni Federation is organized are exclusively religious, charitable, scientific, literary and educational within the meaning of Section 501(C)(3) of the Internal Revenue Code of 1986 or corresponding provision of any future United States Internal Revenue law or revision of the code. (Recommended amendment 08.16.2014)
Section 1. The objectives of the Federation shall be:
a. To unite the graduates and former students of the Southern University System campuses. (Recommended amendment 08.16.2014)
b. To foster a spirit of cooperation and fellowship between the Institution and its graduates.
c. To promote the welfare of the Southern University System and its campuses through financial contributions. (Recommended amendment 08.16.2014)
d. To encourage and stimulate wholesome school spirit (Recommended amendment 08.16.2014)
GOVERNANCE AND ADMINISTRATION
(Recommended amendment 09.03.2014)
Section 1. The corporate powers of this corporation shall be exercised by an Executive Board consisting of the elected and appointed officers. The President, Executive Board and Executive Council shall promulgate bylaws, rules and procedures relating to governance and administration including but not limited to organizational structure; financial reporting; membership; chapter formation; election, appointment, and removal of officers; officer term and duties; and bylaw amendments. (Recommended amendment 09.03.2014)
Section 2. This corporation shall have full power to contract, sue and be sued, to make and use a corporate seal, and the same to alter at pleasure; it shall have the power to acquire, hold lease or purchase, as well as sell alienate, convey, mortgage, or hypothecate, property, real and personal; and in general, shall exercise and enjoy all powers incident to a corporation consistent with the mission, purposes, and objectives expressed herein, and needful and proper for its governance, administration, and support. (Recommended amendment 09.03.2014)
Section 3. Notwithstanding any other provision of these articles, the Federation shall not carry out any activities not permitted under the current Section 501(C)(3) of the Internal Revenue Code, or corresponding provisions of any future United States Internal Revenue law. (Recommended amendment 09.03.2014)
Section 1. The annual meeting for the election of officers and transaction of Federation business shall be held in the first month of the fiscal year.
ALTER OR AMENDMENT OF ARTICLES OF INCORPORATION
Section 1. This act of incorporation may be altered or amended by a two-thirds vote of the members present at the annual meeting, or at a special meeting, held for that purpose after thirty (30) days written notice to each eligible voter. The written notice shall set forth the time, place and purpose of such special meeting. (Recommended amendment 09.03.2014)
Section 1. Upon the dissolution of the corporation, Federation assets shall be distributed for one or more exempt purposes within the meaning of Section 501(C)(3) of the Internal Revenue Code, or corresponding sections of any future Federal Tax Code, or shall be distributed to the Federal, State or Local Government for public purposes including such organization or organizations selected by the Federation Executive Board. (Recommended amendment 09.03.2014)
Section 1. This corporation shall be organized without capital stock and membership herein shall be evidenced by certificates of membership or membership cards issued above the signature of the President or other officer designated in the Bylaws for that purpose. (Recommended amendment 09.03.2014)
SEAL, LOGO AND TRADEMARK
Section 1. The Executive Board shall promulgate bylaws, rules, procedures and guidelines relating to the use of the Federation seal, logo and trademark. (Recommended amendment 09.03.2014)