By-Laws

By-Laws of the Boundary Waters Musky Club, Inc.
A Wisconsin Non-Profit Corporation

Organized Pursuant
To Chapter 181, Wisconsin Statues

Section 1
Name

The name of the Corporation shall be the Boundary Waters Musky Club, Inc.

  Section II
Purposes

  1. The primary purposes of the Corporation shall be (1) to educate the public with respect to the Muskellunge including preservation of habitat, stocking programs, the practice of catch and release, (2) also to promote the preservation and conservation of the Muskellunge as a natural resource, (3) to engage in any other activity authorized by Chapter 181 of the Wisconsin Statutes.

  2. The Corporation shall not be operated for the primary purpose of carrying on a trade or business for profit.

  3. The Corporation shall neither have nor exercise any power, nor shall directly or indirectly engage in any activity, that would: (1) prevent it from obtaining exemption for federal income taxation as a Corporation described in Sec. 501(c) (3) of the Internal Revenue code, or (2) cause it to lose such exempt status.

  4. No part of the net earnings of the Corporation shall inure to the benefit, or be distributable to its members or any trustees, Directors, Officers, or other private persons, except that the Corporation shall be authorized and empowered to pay reasonable compensation for services rendered and make payments and distributions in furtherance of the purposes set forth in its Articles of Incorporation and by-laws. No substantial part of the activities of the Corporation shall be carrying on of propaganda, or otherwise attempting to influence legislation, and the Corporation shall not participate in, or intervene in (including the publishing or distribution of statements) any political campaign on behalf of and candidate for public office. Notwithstanding any other provision of the Articles of Incorporation or By-Laws, the Corporation shall not carry on any other activities not permitted to be carried on: (a) by a Corporation exempt from federal income tax under Sec 501(c) (3) of the Internal Revenue Code of 1954 or (b) by a Corporation, contributions to which are deductible under Sec 170(c) (2) of the Internal Revenue Code of 1954.

Section III
General

  1. Meetings : Meetings to be held the 3rd Tuesday of the month. time and location will be posted on website home page.

  2. Election of Officers : The election of officers shall be held at the February meeting of each year.

  3. Dues : Dues will be $10 for an annual single membership, $15 for an annual family membership.

  4. Fiscal Year : The fiscal year of the BWMC Musky Club, Inc. shall begin on the 1st day of January and end on the 31st day of December each year.

  5. Members : A member will be considered anyone in good standing with the BWMC Musky Club, Inc. with regard to the dues being paid in and for that particular calendar year. Anyone paying dues after October 1st of any year will be considered in good standing for the year immediately following.

  6. Voting : All members in good standing will be entitled to one vote on all matters coming before the membership of the Corporation

  7. Proxies : There shall be no proxy votes. All votes shall be cast in person by the members.

  8. Quorum : A quorum shall consist of twenty percent (20%) of the owner members listed on the most recent membership roll. A vote of a simple majority of the members present shall be an act of the membership.

  9. Outings : The club will have two musky fishing outings. The spring outing be held on the second Saturday in June. The club will purchase the soda for the spring outing.

Section IV
Duties

  1. General : Affairs of the Corporation shall be managed by the members, including the election of the Officers.

  2. Officers : The duties of the corporate Officers shall be those which usually pertain to their titles in Corporations.

President : Shall be the principal Officer of the Corporation and, between meetings of the members, shall have general supervision of its business and affairs, subject to the right of the members to designate any specific power, not by statute, exclusively conferred upon the President.

Vice-President : Shall perform the duties of the President in the absence of the President or in the event of his/her death, inability or refusal to act, in the event for any reason it shall be impracticable for the President to act personally.

Secretary : Shall record of cause to be recorded minutes of all proceedings to be kept for the records of the Corporation which he/she shall maintain.

Treasurer : Shall maintain the Corporation's bank accounts and financial records. At the expiration of an officer's term he/she shall promptly deliver to the members all property and records of the Corporation in his/her possession or control.

Section V
Amendments
These By-Laws may be amended at the monthly meetings by a simple majority vote of the members present, as long as there is a quorum.

Section VI
Dissolution

Upon dissolution of the BWMC Musky Club, Inc. the members after reserving for or paying all just bills, dispose of all the assets of the BWMC Musky Club, Inc., to like minded organizations that qualify as exempt organizations under Internal Revenue Code Section 501 (c) (3). Any assets remaining shall be turned over to the county court of the county where records are currently kept for disposition.
These By-Laws were adopted on       day of                    and amended the

Day of

President
Vice-President
Treasurer
Secretary

 

 










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