ARTICLES OF INCORPORATION THIRD AMENDED AND RESTATED ARTICLES OF INCORPORATION OF THE IOWA STATE UNIVERSITY ALUMNI ASSOCIATION TO THE SECRETARY OF STATE OF IOWA: Pursuant to the provisions of Iowa Code Chapter 504 the undersigned corporation adopts the following Third Amended and Restated Articles of Incorporation:
ARTICLE I NAME The name of the corporation is Iowa State University Alumni Association. The effective date of its incorporation was the 15th day of Jun., 1932. Its original name was Iowa State College Alumni Association.
ARTICLE II PURPOSES AND OBJECTS This corporation shall be operated exclusively for charitable and educational purposes and shall have all of the powers available to nonprofit corporations under the laws of the State of Iowa to pursue such purposes, which include: 1. Promoting the interest and welfare of Iowa State University and of its alumni, students, and friends and engage members in recreational activities; and 2. Establishing and maintaining any trust or other funds the Board of Directors deems appropriate to meet its charitable and educational purposes.
ARTICLE III DURATION This corporation shall have a perpetual duration unless sooner dissolved.
ARTICLE IV MEMBERS Membership of this corporation shall be divided into the following classes: a. Annual members: Any graduate, former student, current student, or friend of Iowa State University may become an annual member of the corporation upon payment of annual dues in an amount set forth in the bylaws or determined by the Board of Directors of the corporation, and such membership shall continue so long as annual
dues in such amounts determined continue to be paid. b. Annual business members: Any business unit/identity may become an annual member of the corporation upon payment of annual dues in an amount set forth in the bylaws or determined by the Board of Directors of the corporation, and such membership shall continue so long as annual dues in such amounts determined continue to be paid. c. Life members: Any graduate, former student, current student, or friend of Iowa State University may become a life member of the corporation upon payment of such amount as is set forth in the bylaws or determined by the Board of Directors of the corporation to be the life membership dues. d. Installment life members: Any graduate, former student, current student, or friend of Iowa State University may become a voting installment life member of the corporation upon payment of such amount set forth in the bylaws or determined by the Board of Directors of the corporation to be the installment life membership dues. e. “Honorary” life members: Any person, other than an alumnus or alumna, who has rendered distinguished service to Iowa State University may be selected by the Board of Directors of the corporation as an “honorary” life member of the corporation and shall not be required to pay dues. f. “Complimentary” life members: Two classes of complimentary life members shall exist: (i) any alumnus or alumna from 1968 through 2004 who received the Wallace E. Barron Award; and (ii) any alumnus or alumna, other than those persons described in subsection (i), who has rendered distinguished service to Iowa State University as selected by the Board of Directors. No “complimentary” life member shall be required to pay dues. g. Voting: All members described in subsections (a), (b), (c), (d), and (f)(i) in this article with active status in the member’s record in the Iowa State University Foundation/ Alumni Association constituents system may vote.
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