HomeMy WebLinkAbout1441 v~ested in mc~re than ane per~on, then all of the per9ons so_aaning said Unit shall
be manbers eligible bo hold offive, att~end meetings, etc. , but as hexeinaft~er
indicated, the wte of a Unit sh~all be cast by the Voting Member. If Unit
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owncrship is vested in a vo~rparation, said oo~paration may designate an indivi- f
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chaal offioer or enplay~ of the aoxpo~ratioai as its Votiny Msnber. Any applicati~ ~
far the transfer of n~snbership, or for a oanveyanoe of an int~erest in, or t~o ;
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-~x.vnber or lease a Oa~dominiun Paroel, v~ere the apparwal of the Board is re- :
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quix''ed. by t~~ gy-Laws a~nd the Dpclaratipn to which they are attactyad, shall
be aooa~anied by an application fee in an aaroiuit t~ be ~et by the Board t~o oo~ver
the vost of oontactinq referer~oes given by the applicant, and such other vosts of ~
investigatian ancl administration that may be incurned by the Board in ao~uyectioci
with s~ch trar~sfer.
Sectiaai 3. Voting
(a) Owner(s) of Units shall be entitled to ane vote far each Unit .
aar~ed. The wte of a Unit shall ~t be divisi.ble. ~k~enever hereafter "Owi~ers Vot~s"
ar Owners' total votes are referred t~ it shall meari wtes of wting members. '
(b) A majority of Owners' total wtes st~all decide any questi~ exoept
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j as pravided otherwise herein or in the Declarati~. I
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~ Section 4. 4uorun. Unless othexwise p~+ovided in these By-Iaws the
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~ pmese~ve in persoci or by proacy of a majority of the Or~a~ers' total wtes shall van.sti-
~ tute a quonm. The texm "majori±y" of Owners' total wtes shall mean 51$ of the total
wtes . .
Secti~ 5. Proacies. Votes may be case in person oar by p~oocy. All Praxies
shall be in writinq a~d signed by the pes~on entitled t~ wte (as set farth below in
Sectiai 6), and shall be filsd with the Secretary p~ior t4 the maetin~ in ~ich tl~y .
~ are to be used, and shall be vali,d oazly for the particular meeting designated therein.
~ere a Unit is aaryed jointly by a husband and wife, and if tl~y hav~e not ciesignated
~ or~e of then as a wting msnber, a p~oacy m~st be signed by both husband and wife when
a third perso~n is de.sign~ated ori such p~+o~xy.
Section 6. Designation of Vot;*~ Menber
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If a Unit is vwiyed by o~e person, his right to wte shall be establisl'~ed
by the reoord title t~o the Unit. If a Unit is vwryed by mare than one persoci, the
~ persori entitled ta cast the wte for the Unit shall be 8esignated in a Certificate
sigi~ed by all of the reoo~d Ow~ners of the Unit and filed with the Secretary. If a
600K ~Q~ PACE 1439
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