Laserfiche WebLink
propaganda or otherwise attempting to influence legislation and the Commissionshall <br />not participate in, or intervene in (including the publishing or distributing of statements), <br />any political campaign on behalf of or in opposition to any candidate for public office. <br />Notwithstanding any other provisions of these bylaws, the Commissionshall not carry <br />on any other activity not permitted to be carried on (a) by a corporation exempt from <br />federal income tax under Section 501(c)(3) of the Internal Revenue Code of 1954 (or <br />the corresponding provisions of any future federal Internal Revenue Code law), or by (b) <br />a corporation, contributions to which are deductible under Section 170(c)(2), of the <br />Internal Revenue Code (or the corresponding provisions of any future federal Internal <br />Revenue Code law). The corporation shall not issue any shares of stock nor shall the <br />corporation make any loans to its membersor officers. <br />Section 4 Dissolution. <br />–Upon dissolution or final liquidation of the Commission, <br />the Board of Directors shall, after paying or making provision for the payment of all of <br />the liabilities of the Commission,dispose of all of the Commissionassets to such <br />organization or organizations organized and operated exclusively for charitable, <br />educational, civic, or scientific purposes, as shall at the time qualify as an exempt <br />organization under Section 501(c)(3) of the Internal Revenue Code (or the <br />corresponding provisions of any future federal Internal Revenue Code law). Any such <br />assets not so disposed of shall be disposed of bythe district court for the county in <br />which the principal office of its registered agent is located, or, if the Councilhas no <br />registered agent, the district court of the City and County of Denver, Colorado <br />exclusively for such purposes or to such organization or organizations, as said court <br />shall determine, that are formed and operated exclusively for such purposes. <br />Section 5Purchasing Policies <br />–All 501(c)(3) funds shallbe spent in <br />accordance with City of Louisville purchasing policies. <br />Section 6Non-Discrimination <br />–All 501(c)(3) funds shallbe spent in <br />accordance with the non-discrimination rules , including without limitationthe City's <br />policy not to discriminate on the basis of race, religion, sex, color, ageover 40 years, <br />national origin, sexual orientation, genetic information,disability, military status or any <br />other status protected by applicable law. This policy applies to all aspects of the <br />provision of municipal services. <br />THESE BYLAWS ARE ADOPTED by the _____________________this _____ day of <br />_______ 2011. <br /> ____________________________ <br />Chair <br />____________________________ <br />Secretary <br />Page 9of 10 <br /> <br />