Notwithstanding any other provision of these Bylaws, no regent, officer, employee, agent, or
representative of the Corporation shall take any action or carry on any activity by or on behalf of
the Corporation not permitted to be taken or carried on by an organization exempt under Section
501 ( c ) ( 3 ) of the Internal Revenue Code of 1954, as amended, and regulations as they now
exist or may hereafter be amended, or by an organization contributions to which are deductible
under Section 170 ( c ) (2 ) of such code and regulations.
Policy Revised: Fall 2014