PART I- CONSTITUTION AND BYLAWS
ARTICLE X - DISSOLUTION AND RESTRICTION
Section 1. DISSOLUTION
In the event of dissolution, all of the remaining assets and property of the organization shall, after necessary expenses thereof, be distributed to the National Council for the Social Studies.
Section 2. NON-INUREMENT
No part of the new earnings of the organization shall inure to the benefit of any member of the organization or any private individual except that reasonable compensation may be paid for services rendered to or for the organization, and no member or private individual shall be entitled to share in the distribution of any of the assets on dissolution of the organization.
Section 3. RESTRICTIONS
No substantial part of the activities of the organization shall be carrying on propaganda, or otherwise attempting to propaganda, or otherwise attempting to influence legislation except as otherwise provided by Internal Revenue Code Section 501 (h) or participating in, or intervening in any political campaign on behalf of any candidate for public office. This restriction includes the publication or distribution of statements. The organization shall not carry on any activities not permitted to be carried on by an organization exempt from federal income tax under section 501 ( c ) (3) or corresponding provisions of any subsequent Federal tax laws.
