By-Laws

Square Pond Improvement Association Bylaws

ARTICLE I

Name & Seal

 

Section 1
 

The Corporation shall be known as Square Pond Improvement Association, Inc. The acronym of the name of the Corporation shall be “SPIA”.
 

Section 2
 

The seal of the Corporation shall bear the corporate name.

 

ARTICLE II

Purposes
 

Section 1
 

SPIA is dedicated to preserving and protecting the ecological, scenic and recreational resources of Square Pond for the benefit and enjoyment of all residents and visitors. SPIA will endeavor to safeguard Square Pond water quality by dedicating resources to monitor water quality, identify, manage and eradicate invasive aquatic and land plants that may threaten Square Pond. Additionally, SPIA will continue to support the efforts to remove invasive Chinese Mystery Snails.

SPIA will foster cooperative relationships with nearby Lake Associations for mutual benefit.

SPIA shall have no obligation to improve the shoreline of any privately owned property, nor take action to curb nuisances around the lake, nor to curb the reckless and unsafe operation of watercraft. SPIA will endeavor to educate residents and visitors and encourage compliance with Maine water safety regulations.

To promote social and recreational activities according to the vote of the membership,

To own, maintain and operate whatever property the SPIA acquires in the towns of Shapleigh and Acton.

These purposes are to be carried out in conformity with the laws of the State of Maine and the regulation of nonprofits under the regulations of the Internal Revenue Code specifically 501(c)(3).

 

Section 2
 

No part of the dues, earnings, income or profit of the Association shall ever be divided among the members or inure to the benefit of any private individual.

Square Pond Improvement Association Bylaws

 

Section 3
 

If for any reason, the dissolution of the Corporation becomes necessary, it’s assets shall be held in Trust by the Selectmen of Shapleigh and Acton, to be used, all or any part thereof, toward any future repairs that may be necessary on the outlet dam, gate or sluiceway of Square Pond as recommended by the Mousam Valley Watershed Coalition.