Article VIII: Corporate Status
Notwithstanding any other provisions of these Bylaws, no power or authority shall be exercised by the Board of Directors or the officers of the corporation in any manner or for any purpose whatsoever which might jeopardize the status of the corporation as an exempt organization pursuant to the Internal Revenue Code and its regulations as they now exist or they may hereafter be amended; nor shall the Directors or officers engage in any act of self-dealing as defined in the Internal Revenue Code; nor retain any excess business holdings as defined in the Internal Revenue Code; nor make any investments in such manner as to incur tax liability under Section 4944 of the Internal Revenue Code; nor make any taxable expenditures as defined in Section 4945 (d) of the Internal Revenue Code.