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Articles of Incorporation

RESTATED ARTICLES OF INCORPORATION: NONSTOCK CORPORATION

The following restated articles of incorporation of Madison Homebrewers and Tasters Guild, Ltd., duly adopted pursuant to the authority and provisions of Chapter 181 of the Wisconsin Statutes, supercede and take the place of the existing articles of incorporation and any amendments thereto:

Article 1. The name of the corporation is Madison Homebrewers and Tasters Guild, Ltd.

Article 2. The corporation is organized under Ch. 181 of the Wisconsin Statutes.

Article 3. The name of the registered agent is Bill Rogers.

Article 4. The street address of the registered office is 658 S. Midvale Blvd., Madison WI 53711.

Article 5. The mailing address of the principal office is 658 S. Midvale Blvd., Madison WI 53711.

Article 6. The corporation will have members.

Article 7. The purposes of the corporation shall be to operate as a social club and to establish a segregated fund for exclusively religious, charitable, scientific, literary, and educational purposes.

Article 8.

  1. No part of the earnings of this corporation will inure to the benefit of individuals or other persons, except that the corporation shall be authorized to pay reasonable compensation for services rendered.
  2. No activities of the corporation shall attempt to influence legislation except as may be permitted under provisions of the Internal Revenue Code of 1954, as amended. The corporation shall not participate to any extent in a political campaign for or against any candidate for public office.
  3. If the organization establishes a segregated fund as described in Article 7., that fund shall be dedicated to exclusively religious, charitable, scientific, literary, and educational purposes and in the event of dissolution of that fund, any remaining assets of that fund shall be distributed to organizations which shall at that time qualify as exempt organizations under Section 501(c)(3) of the Internal Revenue Code of 1954 (or the corresponding provision of any future United States Internal Revenue Law). Notwithstanding any other provision of these articles, such fund shall not carry on activities not permitted to be carried on: (a) by a corporation exempt from Federal income tax under Section 501(c)(3) of the Internal Revenue Code of 1954 (or the corresponding provision of any future United States Internal Revenue Law); or (b) by a corporation, contributions to which are deductible under Section 170(c)(2) of the Internal Revenue Code of 1954 (or the corresponding provision of any future United States Internal Revenue Law).
  4. Excepting only those restrictions applying to a segregated fund as provided above, the corporation shall not carry on activities not permitted to be carried on by a corporation exempt from Federal income tax under Section 501(c)(7) of the Internal Revenue Code of 1954 (or the corresponding provision of any future United States Internal Revenue Law).

Document drafted by Atty. Scott Herrick