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Code of Regulations

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Bylaws
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Article 4 Meetings of Members

Section 400 Before 1000 Voting Members. Until such time as there are one thousand (1000) or more Voting Members of the Corporation, no meetings of Members will be held. Until that time the Board of Directors will have the primary responsibility for conducting the affairs of the Corporation and will perpetuate itself by voting on new Directors as appropriate.

Section 401 After 1000 Voting Members. Once the requirements of Section 400 are met, the annual meeting of the members of the Corporation and the Annual Meeting of the newly elected Board of Directors shall be held concurrently. Such Annual Meeting(s) shall be held on the first or second Saturday in February, or at such other time as the Board of Directors may from time to time establish.

Section 402 Special Member Meetings. Special meetings of the members of the Corporation may be called by order of the Executive Director/President, by order of a majority of the Board of Directors, or by petition signed by not less than 7% of the voting members of the Corporation. Such order or petition must set forth the date and time, the place and the reason or reasons for calling such special meeting. Notification of such special meeting must be provided to voting members not less than ten (10) days nor more than thirty (30) days before the date specified in the order or petition calling for such meeting. The method of notification to all members may from time to time be established by vote of the members at an annual or special meeting. Until otherwise established notification shall be given by posting conspicuously at the principal office and by such other means as determined by the Board.

© The Chimorel Group 2005