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Article I: NAME Bucksport Area Cultural Arts Society, hereinafter referred
to as The Society.
Article II: MISSION The mission of The Bucksport Area Cultural Arts Society is to
stimulate the arts within the community and schools, provide a suitable space for the performing arts which is also audience
friendly, provide work and display areas that enable a strong community and academic arts program, and promote life-long learning
experiences for the citizens of Bucksport.
Article III: OBJECTIVES The objectives of The Society is threefold.
The first objective is to explore and obtain funding to construct a Cultural Arts Center. The second objective is to
oversee the design and construction of the Cultural Arts Center.
Article IV: MEMBERS Any person may become
a member of The Society on payment of annual dues, the amount of which shall be determined from time to time by the Board
of Directors. No person may be excluded because of gender, race or color. Honorary Members may be chosen by the
Board of Directors when and as the occasion demands.
Article V: OFFICERS (1) The Officers of the Society shall
be President, Vice President, Treasurer, and Secretary. (2) Election, term of office and qualifications: The officers
shall be elected annually by the Board of Directors from among Board Members. A nominating committee of three Directors
shall submit the names of candidates for each office. (3) Vacancies: In the event any office of The Society
becomes vacant, the majority of Directors then in office may elect an officer to fill such vacancy. (4) President:
The President shall preside at all meetings of the Board of Directors. The President shall have and exercise general
charge and supervision of policies and may sign any contracts authorized by the Board of Directors. (5) The Vice
President shall perform the duties of the President in the President's absence and shall have other powers as the Board of
Directors may determine. (6) The Secretary Shall have charge of such books, documents and papers as the Board of
Directors may determine. (7) The Treasurer shall have custody of all funds, property and securities of The Society,
subject to such regulations as may be imposed by the Board of Directors.
ARTICLE VI: BOARD OF DIRECTORS (1)
Election: The business, property and budget of The Society shall be supervised by a Board of Directors, who shall be
elected for two year terms. (2) Number: The number of Directors of the Corporation shall be not less than five nor
more than twelve, but such number may be increased or decreased by amendment to these by-laws, with new board seats filled
by nomination and majority vote of the board then in place. (3) Resignation: Any Director may resign at any time
by giving written notice of such resignation to the Board of Directors. (4) Vacancies: Any vacancy of the Board of
Directors occurring during the year may be filled for the unexpired portion of the term by the Directors then serving.
ARTICLE
VII: MEETINGS (1) Regular: Regular meetings shall be held the last Tuesday of every month at a place and time
to be determined by the Directors. (2) Annual: The annual meeting of The Society shall be held at a date and time
to be determined each year for the purpose of electing Directors and for the transaction of such other business as may properly
come before the meeting. (3) Notice: Notice of the time, place and purpose of the annual meeting shall be served
by mail, not less than ten days before the meeting.. (4) Quorum: At any meeting, the presence of a majority of the
Directors shall constitute a quorum -- a majority vote at any meeting will prevail.
ARTICLE VIII: EXECUTIVE COMMITTEE The
Executive Committee shall consist of the President, Vice President, Secretary, Treasurer and any other Director(s) the President
may designate. This committee shall be empowered to carry on the business of the Board between regular meetings provided
that its actions are not in conflict with the policies laid down by the full Board of Directors and they shall be required
to report back to the full Board for final approval of their acts.
ARTICLE IX: OTHER COMMITTEES Other committees,
standing or special, as deemed necessary to carry on the work of The Society, Directors or Executive Committee, shall be appointed
by the President. The President shall be ex-officio member of all committees.
ARTICLE X: PARLIAMENTARY
AUTHORITY The rules contained in the current edition of Robert's Rules of Order, Newly Revised, shall govern The Society
in all cases to which they are applicable and in which they are not inconsistent with these by-laws and any special rules
of order The Society may adopt.
ARTICLE XI: DISSOLUTION (1)
Procedure: The Corporation may be dissolved and its affairs settled in accordance with the applicable laws of the State
of Maine provided, however, that (a) members be given sixty (60) days written notice of the meeting of the Board of Directors
to consider the dissolution of the Association and that (b) a resolution of dissolution only be adopted upon receiving the
affirmative vote of three fifths of the Board of Directors. (2) Distribution of Surplus: The Corporation is
not organized for profit, and no part of the net earnings or assets of the Corporation shall inure to the benefit of any private
individual. In the event of liquidation or dissolution of the Corporation, the balance of all money and other property
received by the Corporation from any source, after payment of all debts and obligations of the Corporation, shall be used
or distributed exclusively for the purposes within those set forth in Article II to institutions in the State of Maine exempt
from taxation under Section 501(c)3 of the Internal Revenue Code of 1954, as amended.
ARTICLE XII: INDEMNIFICATION The
Corporation shall, to the extent legally permissible, indemnify any person serving or who has served as a Director against
all liabilities and expenses, including amounts paid in satisfaction of judgements, in compromise or as in fines and penalties,
and counsel fees, reasonably incurred by the individual in connection with the defense or disposition of any action, suit
or other proceeding, whether civil or criminal.
ARTICLE XIII: AMENDMENT OF BY-LAWS The by-laws can be amended
at any business meeting of the Board of Directors by a majority vote, provided that previous notice has been given.
ARTICLE
XIV: PURPOSE CLAUSE This organization is organized and operated exclusively for charitable purposes within the meaning
of Section 501 (c) (3) of the Internal Revenue Code.
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