ARTICLE XIII. RESTRICTIONS AND REQUIREMENTS
Section XIII.01 Activities. The Corporation shall not have the power to engage, except to an insubstantial degree, in any activities that are not in furtherance of the purposes as set forth in these Bylaws.
Section XIII.02 Payments. The Corporation shall not pay dividends or other corporate income to its members, directors, or officers, or otherwise accrue distributable profits or permit the realization of private gain.
Section XIII.03 Tax Exempt Status. The Corporation shall have no power to take any action that would be inconsistent with the requirements for a tax exemption under Internal Revenue Code Section 501(c)(3) and related regulations, rulings, and procedures. The Corporation shall have no power to take any action that would be inconsistent with the requirements for receiving tax-deductible charitable contributions under Internal Revenue Code Section 170 and related regulations, rulings, and procedures.
Section XIII.04 Activities. Regardless of any other provisions in the Certificate of Formation or state law, the Corporation shall have no power to:
(a) Engage in activities or use its assets in manners that are not in furtherance of one or more exempt purposes, as set forth above and defined by the Internal Revenue Code and related regulations, rulings, and procedures, except to an insubstantial degree.
(b) Serve a private interest other than one that is clearly incidental to an overriding public interest.
(c) Devote more than an insubstantial part of its activities to attempting to influence legislation by propaganda or otherwise, except as provided by the Internal Revenue Code and related regulations, rulings, and procedures.
(d) Participate in or intervene in any political campaign on behalf of or in opposition to any candidate for public office. The prohibited activities include the publishing or distribution of statements and any other direct or indirect campaign activities.
(e) Have objectives that characterize it as an “action organization” as defined by the Internal Revenue Code and related regulations, rulings, and procedures.
(f) Permit any part of the net earnings of the Corporation to inure to the benefit of any private shareholder or member of the Corporation or any private individual.
(g) Carry on an unrelated trade or business except as a secondary purpose related to the Corporation’s primary exempt purposes.