When it is necessary for the State Society to disband:
Section 1. The Society shall comply with the procedures in the Bylaws of the General Society.
Section 2. All debts of the Society shall be paid.
Section 3. Any property which has been loaned to the Society shall be returned.
Section 4. A resolution shall be adopted designating that any remaining historical documents, artifacts or any monies remaining in the Society treasury shall be given to the General Society or a Mayflower project.
Section 5. No money shall inure to a member or individual as specified in Section 501(c)(3) of the Internal Revenue Code or corresponding section of any future federal tax code.
PURPOSE/COMPLIANCE WITH FEDERAL CODE
Section l. The Society of Mayflower Descendants in the State of Georgia is organized exclusively for charitable, religious, educational, and scientific 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 corresponding section of any future federal tax code.
Section 2. No part of the net earnings of the Society shall inure to the benefit of, or be distributable to its members, trustees, officers, or other private persons, except that the Society 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 the purpose clause hereof. No substantial part of the activities of the Society shall be the carrying on of propaganda, or otherwise attempting to influence legislation, and the Society shall not participate in, or intervene in (including the publishing or distribution of statements) any political campaign on behalf of any candidate for public office. Notwithstanding any other provision of this document, the Society shall not carry on any other activities not permitted to be carried on (a) by an organization exempt from federal income under section 501 (c)(3) of the Internal Revenue Code, or corresponding section of any future federal tax code, or (b) by an organization, contributions to which are deductible under section 170(c)(2) of the Internal Revenue Code, or corresponding section of any future federal tax code.
Section 3. Upon dissolution of the Society, assets shall be distributed for one or more exempt purposes within the meaning of section 501(c)(3) of the Internal Revenue Code, or corresponding section of any future federal code, or shall be distributed to the federal government, or to a state or local government, for a public purpose. Any such assets not disposed of shall be disposed of by the Court of Common Pleas of the county in which the principal office of the Society 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
Revision of Bylaws adopted April 1995
Amended November 14, 1998
Amended April 27, 2002
Article XVI added November 23, 2002
Amended November 22, 2003
Amended April 21, 2004
Amended April 22, 2006
Amended November 18, 2006
Amended April 21, 2007