|
CONSTITUTION OF THE HAMPTON OAKS SWIM TEAM Article I The Hampton Oaks Swim Team (HOST) was formed on April 25, 1999. HOST is dedicated to the emotional and physical development swimmers and to the morale of the community in which they live. The coaches, the parents, and all involved in HOST will strive to make swimming a fun experience. At the same time, they will foster in both parents and swimmers alike, the benefits of hard works and sacrifice, the traits of good sportsmanship, the value of self-discipline, the seeds and fruits of leadership, the exhilaration of competitive zeal, and the joy of community spirit. Article II The HOST will operate in accordance with its by-laws, the first of which was approved on April 25, 1999. Article III Upon a 2/3 majority vote of the duly elected board of directors, the HOST may be dissolved. In such an event assets or funds remaining after payment of obligations shall be disposed of as determined by the board of directors, but such disposition must be in accordance with all applicable laws relating to dissolution of tax exempt organizations. If the organization is at that time exempt pursuant to section 501(c)(3), the restrictions imposed on distribution of assets upon dissolution will be strictly complied with. |
|||||||||||||||||||||||
