Articles of Incorporation - Acorn

Shared by Acorn Community

ARTICLES OF INCORPORATION
OF ACORN COMMUNITY
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ARTICLE I
The name of the Corporation is ACORN COMMUNITY.

ARTICLE II
In order that the residents of Acorn may achieve and preserve a clearer perception of community and realize a more pure and unfettered unity of spirit, the Corporation is organized for the following apostolic and communal purposes: the Corporation shall form and become a self-contained intentional community, having a common treasury and providing for its members and for persons who wish to become members an environment in which they may live in harmony with nature and their fellow humans, a community designed and maintained according to principles of harmony and love. In furtherance of these purposes the community shall endeavor to: eliminate hierarchical relationships between people; promote the practice of non-violence in personal, interpersonal and political relationships; respect and preserve the natural environment for the use of all species, now and in the future; eliminate classism, racism, ageism, patriarchy, and other forms of oppression, both within and outside of the community; practice community of property, with all those in the community, sharing what they are, have and can produce with one another.

The Corporation shall not conduct or carry on any activities not permitted to be conducted or carried on by an organization exempt under Section 501(d) of the Internal Revenue Code and its Regulations as now in force or as hereafter amended.

The Corporation shall not carry on any business prohibited by law or which is required to be stated in the Articles of Incorporation by section 13.1-825 of the Code of Virginia as now in force and as hereafter amended.

ARTICLE III
The Corporation shall have no capital stock and shall have two classes of members, designated as full and provisional. Individuals shall be admitted to provisional membership upon application made to and approval by the Board of Directors upon determination by it, in accordance with such procedures adopted by it for such purpose, that the applicant is acceptable and desirable to the purposes of the Corporation. Provisional members may become full members, provided they are at least eighteen years old, by admission to full membership by the Board of Directors in accordance with such procedures as are adopted by it for such purpose. Full and provisional members shall be entitled to vote on all matters to which the Bylaws entitle them to vote.

ARTICLE IV
The affairs of the Corporation shall be managed by its Board of Directors (“the Board”). The number of directors shall be fixed by the Bylaws, and in the absence of a Bylaw fixing the number, the number shall be three. The provisions of the Bylaws shall govern the time, place, and manner of electing or appointing members of the Board of Directors. The term of directors shall be eighteen months.

ARTICLE V
Each person who at any time serves as a director or officer of the Corporation or who at any time serves at the request of the Corporation as a director or officer of another corporation shall be indemnified by the Corporation against any and all liabilities incurred by him or her in any such capacity or arising out of his or her status as such director or officer, to the full extent permitted by, and in accordance with the terms and provisions of, Section 13.1-875-883 of the Code of Virginia as now in force and as hereafter amended, except as indemnity against his or her gross negligence or willful misconduct.