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<br />SECTION II, E.~ecutivc Conuntllee, Th'1'\ ARTICLE VII FINANCES
<br />trustees from euch of the seven Colorado.. f
<br />River Basin states. shall select from aIllOug / " SECnON 1. FWlds for the acti\iUe.o; of the
<br />themsclw..... a trustee to serve on thq,,) assodation shull be provided by tbe;arulUal
<br />executiw committee a.nd the president and memoc.rship fees and other fees as may be
<br />..ice. pre....idcut shall automaUcu1ly he e_.....:' implemenfed by the ~l. AcUviUcs~ofthe
<br />officio continuous Olembeni of this"< as!';(:.It::iaUou may also lil~ fuUUlr:cd by '""funds
<br />comUlj~h'.e, The committee shall C~}lve!l~ to ~\ paid to I the assodaUoll by statc:s.
<br />-constdt'T and -dcetde matteri;- -requiring u.\ munidpaliUt's. legal I sulxHvtsiollS 0;
<br />prompt action in tne lute.rtm between the" agencies thereof or others. 'U
<br />mtdp:.ar and annual nu.:,eth~S of the board .~ J.......l-~_......J~ ~'--' ,v" ~. '. -~ 1',
<br />and wheucyt':r dn'nlcd llecessary and )' SECnON r II. . Private foundatiml status
<br />advisable by .the committee chaimu~Il.or an}~ \/ protC.cUOll~ z De..spite anything in th~>.se
<br />twonu.~ll1bcrsofthee..'Xf."cuU-,"ccommit1("-e. L II bylaw6Iothecoutniry:._~"- Io'.~
<br />\ i' (u).--':l1:tc.-as.socUii)on shall distribute
<br />SECTION 111. R~lutions C...ommittl.>C. The-Y- _l /,i1.S income for e-4ch -ta."ruble yeM at
<br />...... resolutions . conulllttcc ,"" members. shal1\ _ ..... such time ami in ~uch munnc.-1" as not
<br />-c.olltadtl1c.~ic&~rf:l\-:C'state tll{'m~~tO'i'~1l to become, sullje.ct to t11.x' on,...,
<br />cu<;ourage, them to .ubmlt ,,,,,,,lutiOu' to undistributed lotomel ImpoGed, by'"""
<br />the chairman of the committce;pl'i<'iC tt;':thJ., ~ _ St~l~?~494::2_ of the !p:'cnla~.Reviuue-.-
<br />"'tdyeW' meeting oftbe board, ( ,,/ ,Code of 1954 IOf '"lTrC6(X'odlug -n
<br />~..... ., ~ ( 1 pnn,'isiollS of auy sub6kqueut. federal t
<br />}'he conuuittee .ball eonvene In c,mjul'Cllon - ta.~ I;<ws, ' \ " , -c '
<br />"ith th! midyear and ulll!ual /board ''t'- po.(b) fbe u..~jatipu shall 'uo~ eu~agf.". J
<br />meetings to cOllside.r t;he foll()\..'1I1g:r-(a).,--- .,- in.any acLsc.lf.dl.--nHug\as defiued in"-
<br />Action plan ami ~hedule for th'-': aJlllual Section 4941\ (c) ofl the Internal 1
<br />,-_ 'e"oIut.k,"s,-~~d~,Jol'ment- p"",/-,.;;< (b) R<vel~~C "P?,Icl of 19.54 'I 0'
<br />He60luUolls submitte.d by_ the 111t".Oloc.rship - correslxmding,. prm....lsions of' any 3~ ,~ ....
<br />at large; ~d (c) ReH>lu'u~~n1S sU~01it~d by 'r-!-' sub60eque~lt federJI u.:"C la""~s... -. .- '.- ~ "~!
<br />the trusteRs, olficers. ageut5~eo01ritlttce --(c) ~n~iat1lm shall not retlilri,l_,- <r-
<br />chairs. and others. ~. t any c-xce.s..<;t bus~ICS-S~ holding as
<br />I-olr;:-. r t \, dcnunl in SecUdn 4942 (c) of ;the
<br />The commtttc.e shaH consider all pro~d Iuternal Revcnut.1 cOl:le .of 19S4 or
<br />n?solutJons submitt~~, dete.mlinc UIl'. ~.oC!"e.spondill.g J provisions - of
<br />-1 effective duration,. for ("~h r~lu~on and Ii" suL~quc.lIt frd~ral ta."'( laws. \ I
<br />I-- . designute to whum each resOlution wiU be (d) fhe""assocpUort shall not make
<br />~-~~in",ch;~d. TheKcommiltt'".e Chairmau shall uny lzrveslnuiuL-; in such nlUllller,US to
<br />preSeut the/consultations hf tl-Ie committee Ilsubjt?,Ct. it to tA."'( -ulld~r scr.tiOil 4944
<br />ill the fonn of a rce()nllllcll~latiou to the .of the lntenlal Revenue Code of-l954-
<br />board at its annual meeting'.}I The board or correslxnidt.ug.lprm;i..<;ions oC allY~
<br />shall eonsider the -1.I("'()I1llllttte,"-'S sul~~l"qucllt..federal ta-... laws. , '0 1---
<br />rc~__.mlll1elldaUoJ1s and by .JmaJori1.)" ~-oh.,"-, (e) The arsoduUon shall not make
<br />determiIlt'" what r(',.solutions ,..ill be auy taxable c.xpemlitun.-S as de.fiut"tl
<br />presented to the membership for I its in &"Cuouf 4945, (d) of the Intcmal ~
<br />considcmtioll of approval at. its annual Re....enue, \ Code c. of 1954. or
<br />IllCA'".tlug. Only the ct'.60luUo~s approved by corresponding pro""'l..ions~- of auy
<br />a maprity ..'ote of the members pJ'Cst>nt at sul)S("qm".nt fede.m1 ta.x laws.
<br />said aIlllual meeting will be prbcC&..'">Cd. ..... .# \ .,J.:
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