HomeMy WebLinkAbout06. L_Articles_of_Incorporation_Canopy_Owners_Association_(signed)_230530_v1.pdfNONPROFIT ARTICLES OF INCORPORATION
OF THE
CANOPY OWNERS' ASSOCIATION
The undersigned, acting as the incorporator of a nonprofit corporation under the provisions of RCW
Chapter 24.03A, the Washington Nonprofit Corporation Act, as of this '30TA day of May 2023 does
hereby adopt the following Articles of Incorporation:
ARTICLE I
Name
The name of this corporation is the "Canopy Owners' Association"
ARTICLE II
Duration
The period of its duration is perpetual.
ARTICLE III
Purpose
Maintain, operate and administer the Properties in that community commonly known as Canopy
situate in King County, Washington, for the benefit of persons occupying the Units located therein, pursuant
to the authority delegated by the Declaration of Covenants, Conditions, Restrictions and Reservations
recorded concerning the Properties ("Declaration"), RCW Chapter 24.03A, the Washington Uniform
Common Interest Ownership Act and 26 USC 528.
ARTICLES IV
Powers
The corporation shall have all powers granted by law necessary and proper to carry out the purposes
stated above, including but not limited to the powers stated in the Declaration and consistent with its
qualification under RCW Chapter and 24.03A, the Washington Uniform Common Interest Ownership Act
and 26 USC 528.
ARTICLES V
Bylaws
Provisions for the regulation of the internal affairs of the corporation shall be set forth in the bylaws
of the corporation.
ARTICLES VI
Limitation on Powers
In establishing this corporation, the incorporators intend to obtain the full benefit of tax exemptions
to which the corporation may be entitled under the Internal Revenue Code ("the Code"). Accordingly, the
corporation shall be managed in a manner consistent with the incorporator's intent. Without limiting the
generality of the foregoing, the corporation shall:
l . Distribute its income for each taxable year at such time and in such manner as not to subject
the corporation to tax under the Code;
2. Not engage in any act of self -dealing as defined in the Code;
3. Not retain any excess business holdings as defined in the Code;
4. Not make any investments in such manner as to subject the corporation to tax under the
Code;
5. Not make any taxable expenditures as defined in the Code;
6. Not devote more than an insubstantial part of its activities to attempting to influence
legislation; and
7. Not directly or indirectly participate in or intervene in (including the publishing or
distribution of statements) any political campaign on behalf of or in opposition to any
candidate for public office.
ARTICLE VII
Dissolution
In the event of dissolution, the net assets of the corporation shall be distributed to the unit owners.
ARTICLE VIII
Registered Agent
The address of the initial registered office of the Corporation is, 2692 H Street Road, Blaine WA
98230 and the name of its initial registered agent at that address is Law Office of A. Jeff Leghorn, PLLC.
Law Office of A. Jeff Leghorn, PLLC hereby consents to serve as Registered Agent in the State of
Washington for the above -named Corporation. Law Office of A. Jeff Leghorn, PLLC understands
that it will be its responsibility to accept service ofprocess on behalf of the Corporation; to forward
mail to the Corporation; and to immediately note the office of the Secretary of State if it resigns
or changes the registered office address.
A. JeffLeghorn, Mang er
Signature of Agent Printed Name / Title Date: May 30, 2023
ARTICLE IX
Board of Directors
The Board shall be composed of at least three and no more than five Directors; provided, however, that
the number of Directors may be increased or decreased from time -to- time by an amendment to these
Bylaws, but no decrease shall have the effect of shortening the term of any incumbent Director. Each
Director shall hold office until the next annual Unit Owners meeting, and until his successor shall have
been elected and qualified, unless he resigns or is removed. A majority of board members shall be Unit
Owners. The names and addresses of the initial directors shall be:
Name
Christian Cermak
Mechael Tudor
Chris Floyd
Address
20000 N Creek Parkway, Ste 201
Bothell, WA 98011
20000 N Creek Parkway, Ste 201
Bothell, WA 98011
20000 N Creek Parkway, Ste 201
Bothell, WA 98011
ARTICLE X
Changes of Bylaws
In furtherance of and not in limitation of the powers conferred by the laws of the State of
Washington, the board of directors is expressly authorized to make, alter and repeal the bylaws of the
corporation.
ARTICLE XI
Incorporator
The name and address of the incorporator is:
INCORPORATOR:
Century Communities of Washington LLC
By:
Christian Cermak
Washington Division President
20000 N Creek Parkway, Ste 201
Bothell, WA 98087