Section 1. Name.

Pursuant  to  its  Articles  of  Incorporation  under  the  laws  of  the  State  of  Colorado,  the name  of  this  organization  shall  be  Arabian  Horse  Association,  and  it  shall  be  a  non-

profit corporation.

 

Section 2. Background Information.

 

Following the incorporation of the Arabian Horse Association, the International Arabian Horse Association, Inc., a Colorado non-profit corporation ("IAHA"), and Arabian Horse Registry of American, Inc., a Colorado non-profit corporation ("AHRA"), were merged into the Arabian Horse Association (the "Merger") in accordance with an Agreement and

Plan  of  Merger  dated  as  of  _,  2002  (the  "Merger  Agreement").  Prior  to  the  Merger,

AHRA  established  The Purebred  Arabian  Trust (the  "Purebred  Trust"),  which  trust is

managed by a Board of Trustees (the "Trustees").

 

ARTICLE II OBJECTS AND PURPOSES

 

The objects and purposes of Arabian Horse Association shall be those stated in Article

II of its Articles of Incorporation, and more specifically to:

 

1.                     Be cognizant of the importance of promoting the purebred Arabian horse at all times during   the            performance    of                      activities             furthering      Arabian     Horse Association's objects and purposes (as stated in the Articles of Incorporation and these Bylaws).

2.        Foster  and  encourage  good  relations  between  Arabian  Horse  Association  and

Member  Organizations  and  especially and  specifically between  Arabian  Horse

Association  and  the  Canadian  Arabian  Horse  Registry  and  to  maintain  and

protect  the  heritage  of  the  purebred  Arabian  horse  by  allowing  the  Purebred

Arabian   Registry   Members   of   the   Registry   Commission   to   establish   and

implement any and all necessary rules and procedures to accomplish this end.

 

3.        Aid and encourage the breeding, exhibiting, use and perpetuation of the purebred Arabian  horse  as  well  as  Half-Arabian  and  Anglo-Arabian  horses;  coordinate the activities with all Arabian Horse Organizations in all countries; promote and

encourage  the  participation  of  Arabian  horses  in  open  events,  activities  and multiple  disciplines,  including  recreation;  coordinate  and  cooperate  with  the USA Equestrian, Inc., Equine Canada and the Canadian Arabian Horse Registry

in   providing   qualified   officials   and   judges   for   Arabian   horse   events   and activities   and   in   devising   and   adopting   Arabian   event   and   activity   rules, regulations and standards.

 

4.         Formulate publicity and educational programs and other activities in the interest

of Arabian horse owners, Arabian horse organizations, clubs and enthusiasts.

5.          Aid,  promote  and  foster  the  preservation  and  use  of  purebred  Arabian  horses and the Arabian breed and to engage in all activities and undertakings incidental

to or designated to further or promote this objective.

6.         Promote,  encourage  and  stimulate  popular  interest  in  the  outstanding  qualities

of the Arabian horse.

 

7.                   Effectively  maintain,  operate  and  promote  the  Arabian  Horse  Registry,  Half- Arabian Horse Registry and Anglo-Arabian Horse Registry.

8.                   Maintain records, support and promote the racing of purebred Arabian horses in the United States.

 

9.         Do  any and  all  things  necessary or  appropriate  to  accomplish  the  objects  and purposes as stated herein and as set forth in the Articles of Incorporation.

 

ARTICLE III. MEMBERSHIP

 

Section l. Member Organizations.

 

Arabian  Horse  Association  shall  be  composed  of  those  non-profit  clubs,  associations, and  corporations  (i)  that  provide  for  membership  of  individuals  and  corporations,  (ii) that  have  aims  and  purposes  similar  to  those  of  Arabian  Horse  Association,  and  (iii) that  have  been  duly  admitted  to  membership  in  Arabian  Horse  Association.  These organizations will hereinafter be referred to as Member Organizations.

 

Paragraph a. Voting Rights of Member Organizations.

 

The Member Organizations shall have the right to vote for the election of Directors in the manner described in Article VII of these Bylaws, and shall have the right to vote on

all  matters  decided  at  the  Annual  Convention,  as  described  in  Article  V  of  these Bylaws. All voting rights of the Member Organizations shall be exclusively vested in, and exercised by, Voting Delegates, in the manner set forth in these Bylaws.

 

Paragraph b. Levy of Dues to <