BY LAWS
OF
THE NATIONAL MEDIA MARKET
ARTICLE XI. EXEMPT ACTIVITIES
Not withstanding any other provision of these Bylaws, no Board member of this Association shall take any action or carry on an activity by or on behalf of the Association not permitted to be taken or carried on by an organization exempt under Section 501, Chapter 3 of the Internal Revenue Code and its Regulations as they now exist or as they may hereafter be amended, or by an organization, contributions to which are deductible under Section 170, Chapter 2 of such Code and Regulations as they now exist or as they may hereafter be amended.