HomeMy WebLinkAbout54-88 RESOLUTION .
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RESOLUTION NO. 54-88
A RESOLUTION APPROVING AN AMENDMENT TO THE
ARTICLES OF INCORPORATION OF THE UNIVERSITY OF
ARKANSAS/CITY OF FAYETTEVILLE ARTS CENTER
COUNCIL, INC.
BE IT RESOLVED BY THE BOARD OF DIRECTORS OF THE CITY OF
FAYETTEVILLE, ARKANSAS:
That the Board of Directors hereby approves the amendment to
the Articles of Incorporation of the University of Arkansas/City
of Fayetteville Arts Center Council, Inc. , attached hereto marked
Exhibit "A" and made a part hereof .
PASSED AND APPROVED this 13th day of July , 1988 .
APPROVED
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AMENDMENT TO ARTICLES OF INCORPORATION
OF
THE UNIVERSITY OF ARKANSAS/CITY OF FAYETTEVILLE
ARTS CENTER COUNCIL, INC.
WE, THE UNDERSIGNED, do hereby amend the articles of
incorporation of said corporation as follows:
The THIRD ARTICLE shall be amended by adding to the purposes
for which this corporation is organized the following, to-wit:
(o) The purposes for which the corporation is organized
are exclusively religious , charitable, scientific,
literary and educational within the meaning of Internal
Revenue Code 501 (c) (3 ) or the corresponding provision
of any future United States Internal Revenue Law.
(p) Notwithstanding any other provisions of these articles,
this organization shall not carry on any other activ-
ities not permitted to be carried on by an organization
exempt from Federal income tax under Internal Revenue
Code 501 (c) (3 ) or the corresponding provision of any
future United States Internal Revenue Law.
(q) In the event of dissolution, the residual assets of the
organization will be turned over to one or more organ-
izations which themselves are exempt as organizations
described in sections 501 ( c) ( 3 ) and 170 (c) (2 ) of the
Internal Revenue Code or corresponding sections of any
EXHIBIT A
,
prior or future Internal Revenue Code, or to the
Federal, State or local government for exclusive public
purpose.
The SIXTH ARTICLE is hereby amended to name as the
registered agent of the corporation Phyllis Hall Johnson,
Attorney at Law, whose address is 130 North College,
Fayetteville, Arkansas, 72701 .
IN WITNESS WHEREOF, we, constituting five/sixths ( 5/6) of
the directors of the corporation, hereunto set our hands this
day of _, 1988.
C /
Dr. Lloyd Seaton, Jr. , nk Sharp,
Director Director
oci/thui /
Dr. D. Andrew Gibbs , Sonja ecker,
Director Direc or
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