Constitution of the Princeton University Class of 2000
ARTICLE I. Name. The name of this organization shall be the Princeton University Class of 2000.
ARTICLE II. Constitution. This Constitution recognizes the creation of the organization upon the graduation of the Class of 2000 from PrincetonUniversity in 2000. The provisions of this Constitution shall control and govern all matters affecting the organization, other documents or instruments notwithstanding. Any prior constitutions are specifically repealed and shall be of no force or effect whatsoever.
ARTICLE III. Purpose. The purpose of the organization shall be to further the interests, welfare and educational aims of Princeton University, for so long as the organization is in existence and Princeton University remains organized exclusively for charitable, educational or scientific purposes under Sections 501(c)(3) and 170(b)(1)(A) of the Internal Revenue Code of 1954 (or the corresponding provision of any future United States Internal Revenue Law).
ARTICLE IV. Powers. Subject to the provisions of this Constitution, the organization shall have full power and authority to perform any lawful acts and to exercise any rights not otherwise limited by law. Without limiting the generality of the foregoing, the organization shall have all rights and powers of any unincorporated association under the laws of the State of New Jersey.
ARTICLE V. Financial Limit. No part of the net earnings of the organization shall inure to the benefit of any member, trustee, officer, director or any other private person. All of the assets and net earnings of the organization shall be used to further the organization’s purpose.
ARTICLE VI. Political Activity. No substantial part of the activities of this organization shall be the carrying on of propaganda, or otherwise attempting to influence legislation, and this organization shall not participate in, or intervene in (including the publication and distribution of statements) any political campaign on behalf of any candidate for public office.
ARTICLE VII. General Limits. This organization shall not, except to an insubstantial degree, carry on any other activities not permitted to be carried on (a) by an organization 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 an organization 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).
ARTICLE VIII. Membership. The following shall be members of this organization:
Regular Members. All persons who at any time have been correctly listed by PrincetonUniversity in the undergraduate Class of 2000 shall be Regular Members of this organization.
Honorary Members. Honorary Members may be elected as provided in the By-laws.
ARTICLE IX. Governing Body. Full control and general management of the affairs of this organization are vested in the Executive Committee, members of which were elected by the Regular Members in May 2005. The names of the Regular Members who shall serve on the Executive Committee until their successors take office are:
ARTICLE X. Elections. The Executive Committee shall organize general elections for membership on the Executive Committee no later than May 15, 2010, and no less frequently than every fifth year thereafter. Only Regular Members shall vote in Elections, and each Regular Member shall be entitled to vote. Notwithstanding the foregoing, in the event of a vacancy on the Executive Committee, the remaining members of the Executive Committee may appoint by majority vote a Regular Member to membership on the Executive Committee.
ARTICLE XI. Existence. Unless sooner terminated, the existence of this organization shall terminate when fewer than ten regular members of this organization are living.
ARTICLE XII. Dissolution. Upon the dissolution of this organization, after paying or making provision for all its obligations and liabilities, all of the assets of this organization shall be distributed to Princeton University, so long as it is organized and operated exclusively for such purposes as shall at the time qualify as an exempt organization under section 501(c)(3) of the Internal Revenue Code of 1954 (or the corresponding provision of any future United States Internal Revenue Law). Any such assets not so disposed of shall be distributed, by the order of any New Jersey or other court with jurisdiction, exclusively for charitable, educational or scientific purposes, or to such organization or organizations which are organized and operated exclusively for such purposes.
ARTICLE XIII. By-laws. The Executive Committee may enact, and may from time to time amend, By-laws not inconsistent with the provisions of this Constitution.
ARTICLE XIV. Adoption and Amendment. This Constitution may be adopted, and thereafter amended, only by (a) the vote of a majority of the members of the Executive Committee, or (b) a meeting of Regular Members at any Reunions in Princeton, New Jersey, provided that at least one-fifth of then-living Regular Members are present at such Reunions or voting by absentee ballot.
ARTICLE XV. Situs. The organization shall have its situs at PrincetonUniversity, Princeton, Mercer County, New Jersey.
Adopted and effective on the _____1st_____day of