A Non-Profit Literary Organization
A public charitable organization to be named “AKSHAYBHASHA” hereinafter referred to as “AKBHA”, shall be formed with the purpose of aiding cultural, literary, educational projects in Arizona and educational and healthrelated projects in Maharashtra, Western India.
AKBHA shall be a non-profit organization registered in the state of Arizona and organized under IRS section 501(C)(3) and shall have the following objectives:
To initiate organize and support literary, educational and cultural activities, which without limiting the generality thereof, include promotion of various activities, such as poetry, music , dance and theatre arts, related to the culture, traditions and the language of the state of Maharashtra, India.
To promote Marathi language and literature among Marathi Speaking People (those whose mother-tongue is Marathi) , irrespective of their origin, and among people who are interested in the Marathi language and culture.
To facilitate instilling the Maharashtrian culture, tradition and Marathi language into the younger generation of Maharashtrians.
To integrate Marathi community with the Arizona community and to communicate with other community based organizations, in a constructive way.
To assist in the orientation and adaptation of the Marathi community to the American environment and bring about a better understanding of American culture
To support health improvement programs undertaken by charitable organizations in urban as well as rural areas of Maharashtra, India
Article 3: Offices
The principal office of the organization will be located at 3462 E. Mallory Circle, Mesa, AZ 85213 USA.
The Board of Directors may change the address of the principal office by making an amendment of these by-laws:
Article 4: Board of Directors
The corporation shall have three directors and collectively they shall be known as the Board of Directors.
Directors shall be of the age of majority in this state.
Subject to the provisions of the laws of this state and any limitations in the articles of incorporation and these by-laws relating to action required or permitted to be taken or approved by the members, if any, of this corporation, the activities and affairs of this corporation shall be conducted and all corporate powers shall be exercised by or under the direction of the Board of Directors.
It shall be the duty of the directors to: Perform any and all duties imposed on them collectively or individually by law, by the articles of incorporation, or by these by-laws
Appoint and remove, and, except as otherwise provided in these bylaws, prescribe the duties of all officers of the corporation;
Supervise all officers of the corporation to assure that their duties are performed properly;
Meet at such times and places as required by these by-laws;
Register their addresses with the secretary of the corporation, and notices of meetings mailed or telegraphed to them at such addresses shall be valid notices thereof.
Each director has the liberty of withdrawing from their position at any time after finding a suitable successor.
Directors shall serve without compensation.
Meetings shall be held at the principal office of the corporation unless otherwise provided by the Board or at such other place as may be designated from time to time by resolution of the Board of directors.
Vacancies on the Board of directors shall exist (1) on the death, resignation, or removal of any director, and (2) whenever the number of authorized directors is increased.
The Board of directors shall not be personally liable for the debts, liabilities, or other obligations of the corporation.
Article 5: Executive Committee
The Board of directors may designate an Executive Committee and may delegate to such a committee the powers and authority of the Board in the management of the business and affairs of the corporation, to the extent permitted, and, except as may otherwise be provided, by provisions of law.
The Executive committee shall consist of the following:
In case of any vacancy arising in the executive committee, the president will have the authority to appoint any member for the remainder of the tenure of the vacant position.
AKBHA will typically organize three regular events each year and may organize additional special events which will be funded from the contributions and donations of the attendees.
Article 6: Administration
All records of the meetings and accounts shall be kept in English .
The treasurer shall publish an income-expenditure report once a year at the end of the year.
The Secretary shall maintain all the correspondence and records of AKBHA in good order, shall notify the time and place of the meetings, and the time and place of the events arranged by AKBHA.
The Treasurer shall keep an account of the finances of the AKBHA and submit the necessary information to the revenue services.
The Board of directors shall maintain a bank account in AKBHA’s name and will have the authority to disburse funds. The treasurer will disburse incidental expenses up to $300, as approved by the executive committee. Any expenditure beyond $300 will require signatures of at least two executive officers.
The executive committee may form sub-committees to coordinate and delegate ad-hoc cultural, fundraising and other events.
In the event of the liquidation, dissolution, or termination of the corporation, any assets and property remaining after payment of creditors and necessary expenses of liquidation, dissolution or termination shall be distributed to an organization, organized for a public or charitable purpose, a religious corporation, the United States, or to an organization which is recognized as exempt within the meaning of section 501(c)(3) of the Internal Revenue Code of 1986, or the corresponding section of any future federal tax code, or shall be distributed to the federal government, or to a state or local government, for a public purpose in the manner determined by the Executive Committee.
Sponsorships: The executive committee has the sole authority to approve all requests for sponsorships for an event or part of the event from organizations and / or individuals. The Executive committee will approve sponsorships in a manner, so as to avoid any conflict between the goals and expectations of the Sponsor and those of AKBHA.
Article 7: Amendments
The constitution or by-laws may be amended or new ones added in a meeting, by a two-thirds majority of the Board of directors.
The Board of Directors may initiate any amendments it deems necessary for better functioning of AKBHA
These By-laws were adopted by the unanimous consent of the Board of Directors on 01/09/2010