§ 315.44 — Ymca, Ywca; Formation, Certificate
Plain-Language Summary
Three or more people can form a YMCA or YWCA corporation by signing a certificate that includes the incorporators' names, the corporation's name and location, its purpose, the number of directors, and membership rules. The certificate must be recorded with the county recorder.
315.44 YMCA, YWCA; FORMATION, CERTIFICATE.
Three or more persons may form a corporation known as a Young Men’s Christian Association or a Young Women’s Christian Association by adopting, signing, and acknowledging a certificate of incorporation containing:
(1) the names and places of residence of the incorporators;
(2) the name of the corporation, the location of its principal place of business, and the period of its duration;
(3) the objects of its organization expressly stated;
(4) the number of its directors, not less than five, who shall manage its affairs, how and when elected, and the time and place of annual meetings; and
(5) the terms of admission to active membership.
The certificate must be recorded with the county recorder of the county of its principal place of business.
History:
(8003) RL s 3164; 1963 c 635 s 1; 1976 c 181 s 2; 1985 c 265 art 5 s 1; 1987 c 49 s 7; 1994 c 438 s 9; 2005 c 4 s 53
History: History: (8003) RL s 3164; 1963 c 635 s 1; 1976 c 181 s 2; 1985 c 265 art 5 s 1; 1987 c 49 s 7; 1994 c 438 s 9; 2005 c 4 s 53