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MK Bylaws Part Six to Part Nine

Part Six
Corporate Seal

6.1 Description. The corporation shall have a corporate seal in the form of two circular conforming metal discs bearing the imprint and inscription of the name of the corporation with, in the center, the words "Corporate Seal, North Carolina" and the year of incorporation.

6.2 Use. The corporate seal shall be impressed upon all instruments executed by the corporation upon which a seal is required by law.

6.3 Authorization. In the absence of the secretary or assistant secretary, any officer authorized by the board of directors to do so may affix the seal of the corporation to any instrument requiring a seal.

Part Seven
Contracts, Deposits and Withdrawals of Corporate Funds

7.1 General. All moneys of every kind belonging to the corporation shall be deposited to its credit in a bank or banks designated by the board of directors, and no moneys shall be withdrawn therefrom unless the checks or other orders evidencing such withdrawals are signed by such officers or employees of the corporation as may be designated by resolution of the board of directors duly adopted.

7.2 Contracts. The board of directors may authorize any officer or officers, agent or agents of the corporation, in addition to the officers so authorized by these by-laws, to enter into any contract or execute and deliver any instrument in the name of and on behalf of the corporation, and such authority may be general or confined to specific instances.

In the absence of such determination by the board of directors, contracts must be signed by the president and secretary of the corporation and initialed by an attorney licensed in the state where the contract is executed.

7.3 Checks, Drafts, Etc. All checks, drafts, orders for the payment of money, notes, or other evidences of indebtedness issued in the name of the corporation shall be signed by such officer or officers, agent or agents of the corporation and in such manner as shall from time to time be determined by resolution of the board of directors. In the absence of such determination by the board of directors, such instruments shall be signed by the treasurer or an assistant treasurer and countersigned by the president or a vice president of the corporation.

7.4 Deposits. All funds of the corporation shall be deposited from time to time to the credit of the corporation in such banks, trust companies, or other depositories as the board of directors may select.

7.5 Gifts. The board of directors may accept on behalf of the corporation any contribution, gift, bequest or devise for the general purposes or for any special purpose of the corporation.

7.6 Loans to Corporation. Should any of the members be asked to lend money to the corporation in the form of either promissory notes or bonds, these loan shall be executed in writing in the usual form for promissory notes or bonds, and shall bear the maximum rate of interest which the law permits an individual to pay for money that the corporation may borrow. This provision applies to all tenders of money or assets which a member may transfer to the corporation with the intent that it be treated as a loan.

Part Eight
Amendments

8.1 Vote Required. These by-laws may be enlarged, amended or repealed by a two-thirds vote of the Charter members of the corporation at any regular meeting of the members or at any special meeting of the members called for that purpose, or by a two-thirds vote of the board of directors at any meeting of the board of directors called for that purpose.

8.2 Meetings for Adoption. Such amendment, enlargement or repeal may be adopted at any annual meeting of the members without previous notice, but if contemplated at a special members' meeting, notice thereof shall be given in the call for the meeting.

Part Nine
Fiscal Year

9.1 Fiscal Year. The fiscal year of the corporation is set forth on the caption page of these by-laws.

Back to Bylaws Main Page

Back to Part Five

Go to Part Ten

Shop for MK

Buy 1, Give 2 promo all year-round! Buy a gift for the family or for a friend from one of our contributing supporting websites and help Marissa's Kitchen at the same time. These sites support the mission of Marissa's Kitchen. So, when you shop at these sites, not only will you give quality gifts at lower cost to a friend or family, you also share a priceless opportunity for a better life for the children of MK.

12 Volt TV for Trucker & RVers - RoadTrucker: 12 volt TVs Trucker Products, Logbooks, Gifts for truck drivers and other vehicle users. 12 volt accessories plug into vehicle lighter.

www.12voltgifts.com - Provides Black & Decker and Vector products for travel. 12VoltGifts donates 10% of their profit to MK.

www.ivyrose77.com - Sells 12 Volt TV/DVDs and VuQube Satellite TV Antennas. IvyRose77 donates virtually all of her profits to MK.

Driver Log Books - Answers the needs of trucking companies and fleet operators. Driver Log Books sells hours of service forms like driver's daily logbooks, vehicle inspection report and other forms.

Trucking Comfort - trucking Comfort dedicates to giving comfort to all truck drivers on the road.