ARTICLES
(D) Own, operate, and maintain a registry and stud book for
Miniature Horses, either solely or in cooperation with other
organizations.
(E) Do any and all things necessary or appropriate to accomplish
objects and purposes as stated herein and as set forth in the
articles of incorporation.
(F) To encourage in any manner of business to raise money for
the purposes above recited.
(G) To encourage in any and all forms of business transactions
or enterprises a natural person might do, except as limited
by law.
(H) To receive donations, bequests, and devises of property,
both real and personal.
(I) To own, hold, purchase, trade, sell, exchange and deal in, and
otherwise dispose of, all kinds of real and personal property.
ARTICLE V
The corporation shall have no capital stock or shares.
ARTICLE VI
(A) The authorized members and qualifications of the members,
the different classes of membership, if any, and other rights
and privileges of each class of members and the liability of
each and all classes to dues and the methods of collection
thereof, shall be provided in the Bylaws of this corporation
duly adopted.
(B) The affairs of the corporation shall be managed by a Board of
Directors, whose number, term and qualifications, except as
otherwise may be provided for in these articles or by Texas
law, shall be prescribed in the Bylaws, but in no event shall
the number of Directors be less than three (3).
ARTICLE VII
(A) The corporation shall not carry on political propaganda or
otherwise try to influence legislation.
(B) The corporation shall not participate or intervene in any
political campaign on behalf of any candidate for office.
(C) The corporation shall not carry on any activity not permitted
a corporation exempt from federal income tax under Section
501(C) (5) of the Internal Revenue Code of the United States
(or the corresponding provisions of any such subsequent
law).
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