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We, the undersigned natural persons of the age of twenty-one (21) years or more, under the provisions of the New Mexico Non-profit Corporation Act, adopt the following Articles Of Incorporation, which have been unanimously approved by the Directors in office. | |
The name of the corporation shall be PartySmart, a non-profit corporation. | |
The period of duration of the corporation is perpetual. | |
The corporation is organized exclusively for charitable, educational, scientific, and literary purposes, including, for such purposes, the making of distributions to organizations that qualify as exempt organizations under section 501(c)(3) of the Internal Revenue Code, or the corresponding section of any future federal tax code. | |
No part of the net earnings of the corporation shall inure to the benefit of, or be distributable to its members, trustees, officers, or other private persons, except that the corporation shall be authorized and empowered to pay reasonable compensation for services rendered and to make payments and distributions in furtherance of the purposes set forth in Article III hereof. No substantial part of the activities of the corporation shall be the carrying on of propaganda, or otherwise attempting to influence legislation, and the corporation shall not participate in, or intervene in (including the publishing or distribution of statements) any political campaign on behalf of or in opposition to any candidate for public office. Notwithstanding any other provision of these articles, the corporation shall not carry on any other activities not permitted to be carried on (a) by a corporation exempt from federal income tax under section 501(c)(3) of the Internal Revenue Code, or the corresponding section of any future federal tax code, or (b) by a corporation, contributions to which are deductible under section 170(c)(2) of the Internal Revenue Code, or the corresponding section of any future federal tax code. The corporation shall have all of the powers granted in the New Mexico Non-Profit Corporation Act (Sections 53-8-1 through 53-8-99, N.M.S.A., 1978), unless specifically excepted in these Articles or in the By-Laws of the corporation, or unless the powers granted are in conflict with section 501(c)(3) of the Internal Revenue Code, or corresponding section of any future federal tax code. | |
Upon the dissolution of the corporation, assets shall be distributed for one or more exempt purposes within the meaning of section 501(c)(3) of the Internal Revenue Code, or the corresponding section of any future federal tax code, or shall be distributed to the federal government, or to a state or local government, for a public purpose. Any such assets not so disposed of shall be disposed of by a Court of Competent Jurisdiction of the county in which the principal office of the corporation is then located, exclusively for such purposes or to such organization or organizations, as said Court shall determine, which are organized and operated exclusively for such purposes. | |
The initial registered agent and registered office address are:
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The names and addresses of the Incorporators are:
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These Articles of Incorporation correctly set forth the provisions of the articles of incorporation, and they have been duly approved as required by law. | |
These Articles may be amended in the manner provided by statute at the time of amendment of said Articles Of Incorporation. | |
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