Common use of Chapter Organization Documents Clause in Contracts

Chapter Organization Documents. All Chapter organizational documents, consisting of the Articles of Organization or Certificate of Incorporation (the "Certificate") and the By-Laws of the Chapter (the "By- Laws") shall be submitted to US Lacrosse for its approval. If the Chapter is included within the tax exempt status of US Lacrosse as more particularly described in Paragraph 9 below, the Chapter shall adopt as the Chapter By-Laws the By-Laws provided to the Chapter by US Lacrosse, subject only to such modifications as may be required to conform with applicable state law, provided that any such modification shall be subject to the prior approval of US Lacrosse. If an organization has qualified independently as an organization described in Section 501(c)(3) of the Internal Revenue Code of 1986, as amended (an "Independent Tax Exempt Chapter"), both the Certificate and Chapter By-Laws of the Independent Tax Exempt Chapter shall provide that provided US Lacrosse is qualified as an organization described in Section 501(c)(3) of the Internal Revenue Code of 1986, as amended, in the event of the dissolution of the Independent Tax Exempt Chapter, all funds in the possession of the Chapter, including unrestricted, restricted or endowment funds, shall be contributed to US Lacrosse and considered a charitable contribution to US Lacrosse. Any funds contributed to US Lacrosse in accordance with this paragraph shall be subject to the provisions of Paragraph 11C(5) below. In addition, the Chapter By-Laws of an Independent Tax Exempt Chapter shall conform to the maximum extent possible with the Chapter By-Laws required to be adopted by Chapters that are included within the tax exempt status of US Lacrosse, and any deviations from the US Lacrosse Chapter By-Laws shall be subject to the approval of US Lacrosse.

Chapter Organization Documents. All Chapter organizational documents, consisting of the Articles of Organization or Certificate of Incorporation (the "Certificate") and the By-Laws of the Chapter (the "By- Laws") shall be submitted to US USA Lacrosse for its approval. If the Chapter is included within the tax exempt status of US USA Lacrosse as more particularly described in Paragraph 9 below, the Chapter shall adopt as the Chapter By-Laws the By-Laws provided to the Chapter by US USA Lacrosse, subject only to such modifications as may be required to conform with applicable state law, provided that any such modification shall be subject to the prior approval of US USA Lacrosse. If an organization has qualified independently as an organization described in Section 501(c)(3) of the Internal Revenue Code of 1986, as amended (an "Independent Tax Exempt Chapter"), both the Certificate and Chapter By-Laws of the Independent Tax Exempt Chapter shall provide that provided US USA Lacrosse is qualified as an organization described in Section 501(c)(3) of the Internal Revenue Code of 1986, as amended, in the event of the dissolution of the Independent Tax Exempt Chapter, all funds in the possession of the Chapter, including unrestricted, restricted or endowment funds, shall be contributed to US USA Lacrosse and considered a charitable contribution to US USA Lacrosse. Any funds contributed to US USA Lacrosse in accordance with this paragraph shall be subject to the provisions of Paragraph 11C(5) below. In addition, the Chapter By-Laws of an Independent Tax Tax-Exempt Chapter shall conform to the maximum extent possible with the Chapter By-Laws required to be adopted by Chapters that are included within the tax tax-exempt status of US USA Lacrosse, and any deviations from the US USA Lacrosse Chapter By-Laws shall be subject to the approval of US USA Lacrosse.