A. The purpose of MYBSL shall be to implant in the community youth, the ideals of good sportsmanship and fellowship through coverage, obedience, loyalty, truth, and reverence. By teaching supervised athletic games, the youth will reach these objectives and become stronger, happier, and finer young adults. The members shall always bear in mind that winning is secondary, good sportsmanship and fellowship is the primary objective in molding the young people of our community. This league is here to supply the youth a place to participate in supervised sports. All youth, who sign up to play, must play in all their games. The only exception to this is Article XIII. Any youth wishing to participate and whose parents or guardians cannot afford it, will be placed on a team.
B. MYBSL is organized exclusively for charitable, religious, educational and/or scientific purposes, including, for such purposes, the making of distributions to organizations that qualify as exempt organizations described under Section 501(c)(3) of the Internal Revenue Code, or corresponding section of any future federal tax code.
C. Upon the dissolution of the organization, assets shall be distributed for one or more exempt purposes within the meaning of Section 501(c)(3) of the Internal Revenue Code, or corresponding section of any future federal tax code, or shall be distributed to the federal government, or to a state or local government, for a public purpose. Any such assets not disposed of shall be disposed of by a court of competent jurisdiction in the country in which the principal officer of the organization is then located, exclusively for such purposes or to such organizations or organization, as said Court shall determine, which are organized and operated exclusively for such purposes.