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HomeMy WebLinkAbout2012 ~ drawal of n~oneys from such accounts sns~l be only by checks signed by such persons as are authorized by the directors. 6:7. An audit of the accoi:nts of the Association shall be made annually by a certified pl:blic accountant, and a ~ copy of the audit report shall be furaished to each mer.iber not ~ later than April 1 of the year foZla~~ring the year for wh~cn the ~ audit is made. - 6.8. Fidelitv ~o^~s ::ay be required by the board of directors in its discretion fron~ all persons handling or respor.si- ble for Association funds. TY:e a.-:~o::: ~ o~ such bonds shall be determined by the directors. ~:e pre.:,iums on such bonds shall be paid by the Association. 7. Parliamentary rules, ~~~erts' Rules of Order (ia~est edition) shall govern the conduct of Association meetings whe:~ r.ot in conflict with the Articles of Ir.corporation or these Bylaws. 8. Amendments. These Bylaws r.ay be amended in the fo3low- ing manner: 8.1. tiTotice of tne subject matter of a proposed a-~e:~ci- ment shall be included in the r.otice of any meeting at which a pro- posed a.~nendrient is considered. 8.2. A resolution aCC~ting a.proposed amendment :r,ay be ~ i ~ proposed by either the board o~ ~irectors o~ the Association or by ~ 0 ~ the mer~bers of the Association. ~irectors and m.embers not preser.t in ~ ~ ~ person or by proxy at the ..eeti:.g considering the arc.end.^ient ma~ ex- press their approval in writi:y, iroviding such approval is aeliverec ~ . to the Secretary at or prior to the meeting. Except as elsewhere provided, such approvals must be eitrer by: ~ a. not less than sevent five y- percent of t:~e en- ~ tire me~r.bership of the board of directors ar.d by not less thar. sever.ty- ~ five percent of the votes of the er.tire mem'r.~ership of tr,e Association; or ~ - ~ -11- ~ ~ _ ~1a9 ~21~ - . . ~ : ~ ~ ~ ~r~~~:~ ~ ..~r_ . . ~ ~ ~