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<br />. <br /> <br />. <br /> <br />ARTICLE: VII <br /> <br />The purposes of this nonprofit corporation are to provide <br />for the construction, maintenance, preservation and control of a <br />water distribution system to serve its members (and such <br />nonmembers, including without limitation noncontiguous property <br />owners, as may be determined by tnis nonprofit corporation in <br />accordance with these articles anq the bylaws of this nonprofit <br />corporation), including the adjudication of water rights and the <br />construction of a pipeline and water storage tank; to provide for <br />road maintenance, snow removal, Wqste disposal and fire fighting <br />and other similar services for it~ members (and such nonmembers, <br />including without limitation nonc~ntiguous property owners, as <br />may be determined by this nonprofit corporation in accordance <br />with these articles and the bylaw~ of this nonprofit <br />corporation); and to perform thos~ functions necessary, proper, <br />advisable or convenient for~he -a~complishment of these purposes <br />and all things incidental thereto, including (without limitation) <br />to borrow funds for the foregoing purposes. <br /> <br />ARTICLE VIII <br /> <br />This nonprofit corporation i~ not formed for pecuniary gain <br />or profit to the members, directo~s or officers thereof. <br /> <br />ARTICI.E IX <br /> <br />The personal liability of this nonprofit corporation's <br />directors shall be and hereby is ~liminated and limited to the <br />full extent allowable under Colorado Revised Statutes section 7- <br />22-101, as may be amended, restat~d or renumbered. <br /> <br />ARTICt.E X <br /> <br />This nonprofit corporation shall indemnify its. directors, <br />officers, employees, fiduciaries and agents to the full extent <br />allowable under Colorado Revised Statutes, title 7, article 109, <br />as may be amended, restated or renumbered. <br /> <br />ARTICI.E XI <br /> <br />There shall be cumulative voting in all elections for this <br />nonprofit corporation's directors. <br /> <br />ARTICLE XII <br /> <br />This nonprofit corporation is formed as (among other things) <br />a pipeline company for the purpose of constructing a pipeline for <br />the conveyance of water under Colorado Revised Statutes Section <br />7-43-102, and shall have all powers provided under Colorado <br />Revised Statutes Section 7-43-102, each said section as may be <br />amended, restated or renumbered. This nonprofit corporation <br /> <br />-2- <br />