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Article I
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Name, Office, and Purpose
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Section 1.
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This organization shall be known as the VJO.
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Section 2.
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Offices. The Club shall have its principal office in the county of Solano, State of California. It may have such other offices, either within or without the County of Solano, State of California, as the Board of Directors may determine or as the affairs of the Club may require from time to time.
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Section 3.
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The purpose of VJO is as follows:
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a. To provide facilities, training, and encouragement for increased proficiency in competitive amateur aquatic sports among boys and girls residing within a reasonable commuting distance of the club.
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b. To further the interest and education of children and parents in competitive aquatic sports.
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c. To encourage and develop good sportsmanship, individual integrity and team play.
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d. The Club shall at all times maintain itself as an active member in good standing as prescribed by the By-laws and regulations of Pacific Swimming and U.S. Swimming, Inc.
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e. To provide a wide base of experienced swimmers in order to contribute to the increased skills and knowledge needed at the high school, college and senior USS levels of swimming and pool sports.
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Section 4.
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The properties and assets of this Corporation are irrevocably dedicated to its tax-exempt purposes. No part of the net earnings, properties or assets of the Swim Team, on dissolution or otherwise shall inure to the benefit of any private person or individual, or any member. Officer, or director of the Swim Team. In the event of liquidation and dissolution, all properties and assets and obligations shall be distributed and paid over to an organization dedicated to the sport of competitive swimming, provided that the recipient organization is dedicated to the exempt purpose as specified in Internal Revenue Code, Section 501(c) (3). Notwithstanding any other provisions of these articles, the corporation shall not carry on any other 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 of 1954.
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