HomeMy WebLinkAbout1359 Section 7. TREASURSR:
A. The Treasurer shall keep full, accurate accounts of
receipts and dfsbursements, all books belonging to the corporation
and shall deposit all monies and other valuable effects in the name
and to the credit of the corporation in such depositories as may be
designated by the Board of Directors;
B. He shall disburse tthe funds of the corporation as ordered
by the Board of Directors, get proper vouchers for such disbursements,
shall render to the President ar.d Directors at the r~gular iaeeting of
the Board or whenever they may require an account of all his transactiona ,
as Treasurer and ofthe financial condition of the corporation;
C. He may be required to give the corporation a bond in the
sum and with one or more sureties satisfactory to the Board, for the
faithful performance of the duties of his office and restoration to the
corporation, in the case o f his death, resignation or removal from office,
of all books, papers, vouchers, uwney or other property of Whatever kind
in his possession belonging to the corporation.
Section 8. VACANCIES: If the office of the President, Vice
,President, Secretary or Treasurer, one or more, becomes vacant by reason
of death, resignation, disqualification or otherwise, the remaining
Direc~ors by a majority vote of the whole Board of Directors provided for
in these By-Laws may choose a successor or successors who shall hold
office for the unexpired term.
Section 9. RESIGNATIONS: p^y Director or other officer may i
resign his office at any time, such resignation to be made in writing,
and to take effect from the time of its receipt by the corporation, unless
some tfine be fixed in the resignation, and t hen from that date. The
acceptance of a resignation shall be required to make it effective.
ARTICLE 4.
I~MBERSHIP
Section 1. DEFINITION: Membership in the corporation shall be ~
' limited to oWners of a condaninium parcel defined by the Florida Statute i
i ~
~ on condomini~s .
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Section 2. TRANSFER OF I~MBERSHIP AND OWNERSHIP: Membership ~
in the corporation may be transferred only as and incident to the trans-
fer of a condominiwn unft, and such transfers shall be subject to the
procedures set forth in the Declaration of Condominium.
ARTICLE 5.
MEETING OF TAB MF~IBSRSHIP
Section 1. PIACE: All meetings of the corporate membership
shall be held at the office of the corporation or such other place as may
be stated in the notice.
~ Section 2. ANNUAL MEETING:
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A. The first annual meeting of the memberahip shall be held no
later than January 15, 1971; thereafter, it shall be held on the 15th day
of January each year;
B. If the annual meeting date should fall on a legal holiday,
thenthe meeting shall fall on the next secular day following;
. C. All annual meetin~s shal~l be held at the hour of 2:00 P.M.
D. At the annual meetings, except as heretofore set for[h and
as other~rise provided in the Articles of Incorporation,the membera Bhall
elect by a majotity vote, a Board of Directors, and transact such other
buainess ae ma3r properly came before the meeting.
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aooK182 PA~1357
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