Source: http://www.tnfwa.org/Charter.html
Timestamp: 2019-04-20 01:04:15+00:00

Document:
1, The name of the corporation is Tennessee fireworks Association.
2. The corporation will be a not for profit corporation, organized pursuant to Tennessee Code Annotated 48-51-101 et seq. and Tennessee Code Annotated 48-52-102 (a) (2) (A).
3. The corporation will be a public benefit corporation pursuant to Tennessee Coda Annotated 48-52-102 (a) (2) (A).
(h) To perform all other acts necessary or incidental to the above and to do whatever is deemed necessary, useful, advisable, or conducive, directly or indirectly, to carry out any of the purposes of ~he corporation, as set forth in this charter, including the exercise of all other power and authority enjoyed by corporations generally by virtue of the provisions of the Tennessee Nonprofit Corporation Act.
5. The corporation is not organized nor shall be operated for pecuniary gain or profit.
(a) No part of the property or net earnings of the corporation shall inure to the benefit of, or be distributab1e to, any member, director, officer, or trustee of the corporation, or any other private person; but the corporation shall be authorized and empowered to pay reasonable compensation for services rendered and to make payments and distributions in furtherance of the purposes set forth in paragraph 4 hereof.
(b) No substantial part of the activities of the corporation shall be the carrying on of propaganda, or otherwise attempting to influence legislation, and the corporation shall not participate or intervene (including the publication or distribution of statements)in any political campaign on behalf of or in opposition to any candidate for public office.
(c)If at any time the corporation is deemed to be a private foundation as defined in section 509 of the Code, then so long as the corporation is deemed pribate foundation, it shall not, as provided in section 508(e)of the Code, fail to require its income for each taxable year to distributed at such time and in such manner as to not subject the corporation to tax under §4942 of the Code, engage in any act of self-dealing as defined in §4941(d) of the Code, retain any excess business heldings as defined in §4943© of the Code, make any investments in such manner as to subject the corporation to tax under §4944 of the Code, or make any taxable expenditures as defined in §4945(d) of the Code.
(d) Notwithstanding any other provisions of this charter or the Bylaws, the corporation shall not carry on any other activities not permitted to be carried on: (1) by a corporation exempt from federal income tax under §501(c)(6) of the Code, or the corresponding section of any future federal tax code; or (2) by a corporation, contributions to which are deductible for federal income tax purposes under §170(c)(2) of the Code, or the corresponding section of any future federal tax code.
6. The Board of Directors shall have general charge of the affairs and any property and assets of the corporation. It shall be the duty of the directors to carry out the purposes and functions of the corporation. The directors shall be elected in accordance with the Bylaws of the corporation and shall have the power~ and duties se~ forth in this charter and in the Bylaws.
7. The corporation shall have members which shall elect the Board of Directors.
8. No member of the Board of Directors shall have any personal liability to the corporation for monetary damages for breach of duty of care or other duty as a director; provided, however, that the foregoing shall not eliminate the liability of any director for those matters described pursuant to the Tennessee Nonprofit Corporation Act 48-58-101 et seq.
organizations as said court shall determine, which are organized and operated exclusively for such purposes.
l0. This charter may be amended at any time and from time to time by the affirmative vote of a majority of all of the directors then in office, for issues authorized in T.C.A. 48-60-102 and by the Members as authorized in and according to T.C.A. 48-60-103.
11. (a) The complete address of the corporation's initial registered office in Tennessee is l136 Lipscomb Dr., Nashville, Tennessee 37204, County of Davidson.
(b) The name of the initial registered agent, to be located at the address listed in 3(a), is Earnest Clevenger.
13. The complete address of the corporation’s principal office is 1136 Lipscomb Dr., Nashville, Tennessee 37204.
This the 16th day of August 2007.

References: §4942
 §4941
 §4943
 §4944
 §4945
 §501
 §170