HomeMy WebLinkAbout0833 3.;s Th~ tc.•rm ut v.,c.t~ ~ii r~•ctor~' ;.~rvic~~~ sut j~.~ t,
th~~ F~rovisiui~s uf 3. ( t) .~l~c~v~, ~h~ll ~:xt~~n~i :,nti 1 Li~~: n~xt
~nnu:~l m~eti~y of th~~ menib~~r:. :~n~i JU~~J~~yu~~?tly unt il t?i ~
s~cc~.~ssor is duly ~~l~cte~i ~nci qu~~lif i~d or until I e i.
r~~i~ov~cl in the m~n~?vr ~l~~wt~~:r~: E.r~~vid~:~i. •
3.~ Th~: or~~.,ni: ~~tic~n ~u~~~ tir~c3 oi n.:~:ly-•~lc~c t~~~.l Ls:~~r~i of
Uir~:ctors sh~ll b~ h~ld within ~~n~ ( lU) ~1~ys oi ti ~ir ]~ction
dt such place and tiin~ a~ shd11 L.~ f ix~~l !,y th~: D~ L,~c ~c.r:, lt
thc: meeting at which they wei•e elact~:d, ~,n~~ no f~ul th~-r n~tice
of the organization meeting shall be necessury.
3.5 Raqul~r me~~tincas ol th~• Bo.,r~! of Gir~ctc r~ ~~z~~y b~,
held at such time anci place ~s shall b~ d~: terminc:c~, f rc,:n time
to tirrrt, by a majorily ot the dire~t~rs. I~otic~: c f r~~y~l~~r
. meetings shall be yiven to e~~ch direct~r. ~~ers<~na] ly ~~i t~y mail,
telephone or telegraph, dt lf~ast thrae (3) d~ys' p~ i~i tu tt?c
ddy ndmed far such in~~etiny. ~
3.6 SE,~~ci~1 tneetinys ot Lh~~ ~~irector~ ;nay b~ c~=ll~d t,y
the President and must b~ called by th~ S~~.:r.~t~ry at t1~~~ writt~n
request of one-t}?ird of tt~e ~iirectors. Not le~s t.h~r? thr~~: (3)
~
; days not'ice of the ?n~etinc~ st,~ll b~ giv~:n F~~rs~n~~ ly ~~i t~y r~ail,
i t~l~phon~ or tel~gr~~Nh, wt?icl? notice shsll state th~~ ti:r?c-, place
= and purpose of the meeting. ~
g 3.7 Wsivar of notic~-. Any dir~-ct~~r ;nuy .v~i~•~.~ n~~ticc: of a
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; m~etiny befor~ or af ter the rneeting ancl su~:t, vl ~iv~ r ~i~~ ll i>~:
~ d~:tmzd ~quivalcnt to the giving ~t n~tice.
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~ 3.8 A ctuorwn at dir~;ctc,rs' m~etinqs si?.,11 cc:n~i~t c>f d
~ .
~ .
;2 rrwjority of the ~ntir~ B~;arci of [~ircct~:rs. rr;.: t~ ~E t;ic~•~~~~
by ~ m~jority of thcs~ Nr~sent ~t cnc:ctir?~~ .~t vrh:ct? ~~i~crum
~
~ . is prese;nt sti~ll constitut~: t~,e ~lcts of th~: Eso,~rd of :~irE~ctars,
r ,
~
~xcc:pt when ~pprov~l by ~ grc~~,tei~ nwnt,c~r e,r .jir~c~ or:, i~
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`3 rtquir~d by tt;e U~cl~ratic~n c~f C<~r,~~cmi~~iuu~, th~~ A1 tic.lc s or
- Incorporation, or th~s~ E3y-L~~w~.
3.9 A~i~~,urned ~ntc~tings. It .,t ~r?y ir,~:~ ti;zc~ ~ f tt?F Et~.~r~ of
Directors there be l~ss th~n qt~cru~n ~~res~:r~t, th~~ +r~~ jcri t•~ of
tho~~~ pr~:,ent m~y ~<1jc,urn tt?t- rn~c~tin~~ f rom tim~~ t~~ ti:~~~ . IJo
= furth~r notic~ n~e~! t~~, yiv~:r? of ~~n ~~ljc~~rn•~.~ m~,c.t. n~~.
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