(e) The reunions and other meetings of the 385 BGA should pay for themselves; however, seed funds may be made available to the Host, to be repaid to the 385 BGA after the reunion by the Host. Reunions shall charge only those attending
(f) Funds not enumerated above but whose expenditure will be necessary and proper for the purposes of the 385 BGA. Section 5. No part of the earnings of the Association shall inure to the benefit of any Officer, Member or private individual.
Section 1. Although the duration of the 385 BGA is perpetual, if it is dissolved for any reason, the method of dissolution shall be either in the following manner:
(a) Notice of the proposed dissolution shall be given to the members of the Executive Board in writing, and shall be published in the Association’s newsletter, no less than sixty (60) days prior to the meeting at which the proposal is to be considered. A two thirds vote to dissolve is obtained at this meeting, or
(b) Dissolution is approved by a majority of the remaining Executive Board members if it is no longer possible to hold a membership meeting.
Section 2. Upon approval of the dissolution, the Executive Board shall, after paying or making provisions for the payment of all liabilities, dispose of the total assets, giving them to an organization or organizations which qualifies as an IRS tax exempt organization as follows:
(a) Data, artifacts and other items in the 385 BGA Archives will be given to the Eighth Air Force Historical Society, (located: 175 Bourne Street, Pooler. GA 31233.)
(b) All other assets and moneys shall be distributed as deemed appropriate by the Board in compliance with the current IRS code.
Section 3. As its final act, the Executive Board shall report to the membership and the IRS in writing or in a final issue of the Newsletter:
(a) a statement of the 385 BGA dissolution, and
(b) an account of the disposition of the Association assets, to whom, and the amount(s).
Any provision, section or item of these By Laws, or any amendment or alteration thereof, which may be interpreted by a lawful authority to be in violation of any law, shall not render the remaining provisions invalid.
Section 1. By Laws may be adopted, amended, or repealed in whole or part by the Executive Board by majority vote of those voting. The members may also adopt, amend or repeal the By Laws at a meeting of the members by majority vote of those voting, provided due notice and a copy of the proposed amendment is given in the Newsletter prior to the meeting.
Section 2. All amendments passed will be published in the Newsletter.