United States Bowling Congress (USBC)
Corning USBC Association Bylaws
The name of the organization is the Corning USBC Association, chartered by the United States Bowling Congress.
Section A. Nonprofit Corporation
The association is organized as a nonprofit corporation and operates consistent with the requirements of an organization classified as tax exempt under Section 501(c)(3) of the Internal Revenue Code (IRC).
Section B. Charter
The association shall be chartered by USBC and subject to its authority. To maintain its charter, the association must:
1. Provide services for men, women and youth.
2. Adopt bylaws approved by USBC.
3. Not enact any bylaws or rules inconsistent with USBC's Bylaws.
4. Adhere to stated requirements as set forth in the USBC Bylaws and USBC
Association Policy Manual.
5. Not use any part of the net earnings of the organization for the benefit of,
or be distributable to its members, trustees, officers, or other private
persons, except that the organization shall be authorized and empowered
to pay reasonable compensation for services rendered and to make
payments and distributions in furtherance of the purposes set forth in the
purpose clause hereof.
6. Not have a substantial part of the activities of the organization for carrying
on of propaganda, or otherwise attempting to influence legislation, and the
organization shall not participate in, or intervene in (including the
publishing or distribution of statements) any political campaign on behalf of
any candidate for public office.
7. Not carry on any other purposes not permitted to be carried on by an
organization exempt from federal income tax under section 501(c)(3) of the
Internal Revenue Code, or corresponding section of any future federal tax
Section C. Charter Dissolution
Upon termination of its charter, the USBC association shall transfer all of its assets remaining after payment of its lawful obligations to the USBC association that is a 501(c)(3) tax-exempt organization(s) serving the bowling centers previously under their jurisdiction,
If the named recipients are unwilling to accept the assets, are no longer qualified as 501(c)(3) organizations, or are no longer in existence, then the assets shall be distributed for one or more exempt purposes within the meaning of section 501(c)(3) code, or shall be distributed to the federal government, or to a state or local government,for a public purpose.
If the organization fails to transfer its assets within 30 days of their termination, USBC shall be entitled to take whatever action it deems appropriate to ensure such transfer.
These requirements are applicable to all associations whose charter has been revoked as well as all current and future associations.