Any current or former member of NMCB 14
a) Spouses of former members
b) Certain persons with special skills, i.e. JAG, Chaplain, Supply, etc., as appointed
Section 2 – Annual Meeting
The annual meeting designated as "Reunion" shall be held at such location as chosen by the Board of Directors. The Reunions shall be open to all members of NMCB 14 Alumni. The Board of Directors shall schedule at least one meeting during the Reunion activities for corporation business. The scheduled Reunion may be rescheduled by the Board of Directors at any time, for any reasons, including but not limited to, (1) acts of war, (2) acts of God, (3) special requests.
Section 3 – Fiscal Year
Fiscal year is the calendar year.
Section 4 – Additional Directors Meeting
An additional Directors meeting shall be scheduled on orders of the President during the month of June or as otherwise found convenient, in order to address any current questions.
Section 5 – Quorum
Each Board of Directors meeting, in order to properly address the agenda, shall be attended by a minimum of President or either Vice President, together with fifty (50) percent of the serving Directors.
Section 6 – Special Meetings
Special meeting of the Board of Directors may be called by any officer. The meeting requires a minimum of three board members for a quorum. The Summary sent to the Board of Directors shall be in writing.
Section 7 – Responsibilities of the Board of Directors
1) Election of Board of Directors.
The Alumni membership, by a majority vote, shall elect annually one-third of the Board members of this corporation. Annually, the Board of Directors shall nominate candidates for the Board which shall be placed on a ballot along with a space for any write-in nominations from the Alumni membership. This ballot shall be mailed to the membership two months prior to the annual Reunion and received back within one month. The ballots shall be compiled and results announced at the general meeting during annual Reunion. The Board of Directors shall have the authority to remove with or without cause, any such elected Board members and shall have the right to appoint by election during the term, any successor required by resignation, incapacity, death, or otherwise.
2) Annual Budget.
The members shall have the right after recommendation of the Board of Directors of the corporation to approve the annual budget.
3) Changes in Articles of By-Laws.
The Board of Directors, by a majority vote, may adopt, amend or repeal portions of the Articles of Incorporation or the By-Laws of this corporation.
4) Transactions and Operations.
The purpose(s) for which the corporation is organized are for charitable, educational, spiritual support and help provide for some of the basic necessities of life for widows, children and other family members on inactive duty and former members of NMCB Fourteen, especially for the members that were wounded or killed in conflict while on active duty with the Armed Forces of the United States of America, including, for such purposes, the making of distributions to organization or organizations that qualify as exempt organizations under Section 501(c)(3) of the Internal Revenue Code of 1986 (or the corresponding provision of any future United States Internal Revenue law).
5) No part of the net earnings of the corporation shall inure to the benefit of, or be distributable to its Directors, Officers, or other private persons, except that the corporation shall be authorized and empowered to pay reasonable compensation, including room and board for official officer and Director meetings, to make payments and distribution in furtherance of the purposes set forth in this Article. No substantial part of the activities of the Corporation shall be the carrying on of propaganda, or otherwise attempting to influence legislation, and the Corporation shall not participate in or intervene in (including the publishing or distribution of statements) a political campaign on behalf of any candidate for public office. Notwithstanding any other provision of these Articles, the Corporation shall not carry on any other activities not permitted to be carried out on (a) by a Corporation exempt from Federal Income Tax under Section 501(c)(3) of the Internal Revenue Code of 1986 (or the corresponding provision of any future United States Internal Revenue Law) or (b) by a Carrion, contributions to which are deductible under Section 170(c)(2) of the Internal Revenue Code of 1986 (or the corresponding provision of any future United States Internal Revenue law).
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