Bylaws of Natural Health Essay

subsection 1 Membership shall consist only of the Director/President, Jason Wilson. bind III AMENDMENTSSection 1 These Bylaws may be amended when necessary.ARTICLE VIRestrictions on Actions1. only the assets and earnings of the locoweed shall be used exclusively for its exempt purposes, including the payment of expenses incidental thereto. No spell of every net earnings shall inure to the benefit of every employee of the Corporation or be distributed to its Directors, officers, or any private person. 2. Notwithstanding any other provision of these bylaws, the Corporation will non curb on any activities not permitted by an organization exempt to a lower place Section 501(c)(3), national revenue Code, 1986, or the like provision of any future federal law, or organizations whose contributions which are exempt under Section 170(c)(2), Internal Revenue Code, 1986, or the check provision of any future federal law. The Corporation shall have no capital stock, pay no dividends, distribute no class of its net income or assets to any Directors, Officers, and private property of the subscribers, Directors or Officers shall not be liable for the debts of the Corporation.3. No substantial part of the Corporations activity shall be for the carrying on of a endeavour of propaganda or otherwise attempting to ascertain legislation. The Corporation shall not participate in any political campaign, will not engage in political campaigns or attempt to influence legislation or interfere with any political campaign on behalf or in opposition to any candidate for public office. 4. In particular, but not without limitation of the generality of the foregoing paragraph, during such time as the Corporation may be considered a private foundation as defined by Section 509(a), Internal Revenue Code, 1986, or the corresponding provision of any future federal law, it shall not A. Fail to distribute its income for each assessable grade at such time and in such manner as not to become take to the tax on undistributed income imposed by Section 4942, Internal Revenue Code, 1986, or the corresponding provision of any future federal law.B. Engage in any act of self transaction as defined in Section 4941(d), Internal Revenue Code, 1986, or the corresponding provision of any future federal law. C. Retain any excess business holdings as defined in Section 4943(c), Internal Revenue Code, 1986, or the corresponding provision of any future federal law. D. Make any investment on such manner as to subject it to tax under Section 4944, Internal Revenue Code, 1986, or the corresponding provision of any future federal law. E. Make any taxable expenditures as defined in Section 4945(d), Internal Revenue Code, 1986, or the corresponding provision of any future federal law.These bylaws were adopted on July 30, 2012.Jason Wilson, President