Astronomical League Bylaws and Standing Resolutions
Article X. Property and Financial
Section 1.
The League may acquire and hold property of any description,
real or personal, by gift, purchase, or otherwise.
Section 2.
The League shall be a not-for-profit organization in accordance
with Section 501 (c) (3) of the U.S. Internal Revenue
Code of 1954. Donations of material, real or personal,
and monetary gifts and contributions shall therefore be
tax deductible.
Section 3.
Upon dissolution of the Corporation, referred to in these
Bylaws as the League, the Council shall, after paying
or making provision for payment of all corporate liabilities,
dispose of all corporate assets exclusively to such tax
exempt organization(s) operated for educational and/or
scientific purposes as the Council may determine. Any
such assets not so disposed of shall be disposed of by
the courts of the county in which the principal office
of the Corporation is then located, exclusively for such
organizations or purposes of an educational or scientific
nature, as said courts shall determine.
Astronomical League National Headquarters
9201 Ward Parkway; Suite 100
Kansas City, MO 64114
ALOffice@earthlink.net
1-816-333-7759
www.astroleague.org
