Charles River Wheelers
The Charles River Wheelers, By-Laws
The name of this corporation shall be The Charles River Wheelers, Incorporated. It is also referred to herein as CRW.
The purpose of the CRW is the advancement and enjoyment of cycling and of other healthful sports, through sponsorship of rides and other events, through cooperative activities with other organizations, through encouragement of favorable actions by government and private industry, through publicity of the benefits of cycling, through education of the cycling community and the general public about the health and fitness benefits of cycling and safe cycling practices, and through other suitable means. The CRW shall not carry on any activities not permitted to be carried on by a corporation exempt from federal income tax under Section 501 (c)(3) of the Internal Revenue Code.
The affairs of CRW shall be administered by the Board of Directors and by the Officers, as prescribed in this Constitution and in the By-laws.
IV. Board of Directors
An affirmative vote of two-thirds of the membership ballots returned within ten days after mailing shall suffice for adoption of this Constitution, abstentions not being counted. It shall become effective on the first day of the next month. Date of ballot mailing (first class): August 28,1972. Deadline for returns: September 7, 1972. Date of effectiveness: October 1,1972.
An amendment may be proposed by the Board of Directors or by any member who presents to the Recording Secretary a petition signed by at least ten percent of the members. The proposed amendment shall be discussed and perfected as to form by the Board of Directors or by a Committee appointed by the sponsor of the amendment. This reviewing body shall deliver it in final form to the Recording Secretary, who shall send it within 21 days to each member. This Constitution shall be amended only by an affirmative vote of two-thirds of the membership ballots returned within twenty-one days after sending, abstentions not being counted. The amendment, if approved, shall become effective immediately.
The CRW may effect its own dissolution only upon the Board's presenting a ballot to the members, by First Class mail. An affirmative vote of two-thirds of the ballots returned within twenty-one days shall be required, abstentions not being counted.
Upon dissolution, the remaining assets after the satisfaction of all obligations of the corporation shall be distributed to one or more organizations having purposes similar to the CRW purpose and that are exempt from federal income tax under Section 501(c)(3) of the Internal Revenue Code.
VIII. Private Benefit
No member or other private individual shall receive any of the net earnings from the operation of the corporation. No such person shall be entitled to share in any distribution of corporate assets upon dissolution.
[CRW Constitution as amended)
Effective June 1,2004]
Effective March 30, 2017, as to the change of name
The CRW Constitution was rescinded by a 2/3 vote of CRW Members effective 2 August 2021. Items from the previous Constitution have now been consolidated into the CRW By-laws.