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--- testnamespace:articlesformatting [2020/12/20 18:42] – created president
+++ testnamespace:articlesformatting [2020/12/20 19:17] (current) – [Article IV. Registered Office] president
@@ Line 65: / Line 65: @@
 The name of the resident agent is Joan Bulmer.\\
+//** ^ Should these not be updated to 541 E. Grand River & hj Sparks as restated in 2018?**//
+//**I do kinda like keeping Orion Ulrey in this Article though; even if it's not what's actually file with the State.**//
 (Deleted April 1, 2002) The name of the first resident agent is Orion Ulrey.\\
@@ Line 74: / Line 78: @@
 Said corporation is organized upon a non-stock basis.
-(As amended October 28, 1977) All membership dues are to be retained by the corporation as contributions of capital, and shall be fully refundable to each member upon dissolution of the corporation.
+(As amended October 28, 1978) All membership dues are to be retained by the corporation as contributions of capital, and shall be fully refundable to each member upon dissolution of the corporation.
-//** ^ Is this right? The only amendment I'm aware of in 1977 was the inclusion of Article X.**//
+//** ^ I feel like I remember Orion Ulrey and George Motts very sternly warning me that the IRS absolutely HATES this "refund to member upon dissolution" business. I'll re-consult my ouija board.**//
+//**Also, I guess I don't understand the methodology behind what gets noted as "as amended" and what's plainly included. When the Articles were restated in 2002, the second sentence within Article V wasn't on a new line. **//
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@@ Line 87: / Line 93: @@
 | William Barker  | 711 W. Grand River Ave., East Lansing MI 48823 |
 | Marc Butler     | 711 W. Grand River Ave., East Lansing MI 48823 |
-| James Landau    | 140 Haslet St., East Lansing MI 48823          |
+| James Landau    | 711 W. Grand River Ave., East Lansing MI 48823 |
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@@ Line 112: / Line 118: @@
 ==== Article IX. Dissolution ====
-The term of the corporate existence is perpetual.
+The mode of procedure and the manner in which the business and affairs of this corporation shall be conducted in accordance with the Statutes of the State of Michigan. Neither interest nor dividends shall be paid upon the paid-in membership capital of this corporation. Only members in good standing or their duly appointed or elected representatives shall be eligible to hold office as a director or officer of this corporation. Voluntary dissolution of said corporation shall require approval at a membership meeting of, at least, two-thirds (2/3) of the membership in good standing of said corporation, voting in person and not by proxy, or of such greater number as may be required by law. In the event of any dissolution of this corporation:
-  - **A.** The mode of procedure and the manner in which the business and affairs of this corporation shall be conducted in accordance with the Statutes of the State of Michigan. Neither interest nor dividends shall be paid upon the paid in membership capital of this corporation. Only members in good standing or their duly appointed or elected representatives shall be eligible to hold office as a director or officer of this corporation. Voluntary dissolution of said corporation shall require approval at a membership meeting of, at least, two-thirds (2/3) of the membership in good standing of said corporation, voting in person, and not by proxy, or of such greater number as may be required by law. In the event of any dissolution of this corporation:
+  - **A.** (As amended October 28, 1978) None of the corporation assets shall accrue or inure to the benefit of any member upon dissolution of the corporation, or at any other time, except as set forth in Article V.
-  - **B.** (As amended October 28, 1977) None of the corporation assets shall accrue or inure to the benefit of any member upon dissolution of the corporation, or at any other time, except as set forth in Article V.
+  - **B.** (As amended December 3, 1971) In the event of dissolution, all assets, real and personal, shall be distributed to such organizations as are qualified as tax exempt as defined in Section 501(c)(3) of the Internal Revenue Code of 1954 or the corresponding provision of a future United States Internal Revenue Law.
-  - **C.** (As amended December 3, 1971) In the event of dissolution, all assets, real and personal, shall be distributed to such organizations as are qualified as tax exempt as defined in Section 501(c)(3) of the Internal Revenue Code of 1954 or the corresponding provision of a future United States Internal Revenue Law.
+This article shall not be amended other than by a vote of two-thirds (2/3) of the members in good standing of said corporation at a regular or special membership meeting. Said votes shall be in person and not by proxy, and shall be held at polling places as may be designated by the board of directors.
-  - **D.** This article shall not be amended other than by a vote of two-thirds (2/3) of the members in good standing of said corporation at a regular or special membership meeting. Said votes shall be in person and not by proxy, and shall be held at polling places as may be designated by the board of directors.
-(Added by amendment July 19, 1977)
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@@ Line 138: / Line 140: @@
 (As Restated April 1, 2002)
-The cooperative plan is set up as follows: Each member is entitled to on vote regardless of the number of shares or memberships owned.
+The cooperative plan is set up as follows: Each member is entitled to one vote regardless of the number of shares or memberships owned.
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