HomeMy WebLinkAbout0129 ARTICLE V
OFFICERS
A. The executive officers of the Association shall be a President, who shall be a Direc-
tor, a Vice President, who shall be a Director, a Treasurer. a Secretary and an assistant
Secretary. all of whom shall be elected annually by the Board of Directors and who may be
peremptorily removed by vote of the directors at any meeting. Any person may hold two or
more offices except that the President shall not be also the Secretary or Assistant Secretary.
The Board of Directors, from rime to time, shall elect such other officers and designate their
powers and duties as the Board shall find to be required to manage the affairs of the Asso-
ciation .
~ B. The President shall be the chief executive officer of the Association . He shall have
~ all of the powers and duties usually vested in the office of president of an association, inclu-
= ding but not limited to the power to appoint committees from among the members from time to
~ cime, as he. in his discretion, may determine appropriate to assist in the conduct of the af-
~ fairs of the Associarion .
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P C. The Vice President, in the absence or disability of the President, shall exercise the
' powers and perform the duties of the President. He also shall assist the President generally
= and exercise such other powers and perform such other duties as shall be prescribed by the
~irectors .
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~ D. The Secretary shall keep the minutes of all proceedings of the Directors and the mem-
~ bers. He shall attend to the giving and serving of all notices to the members and Directors
and other notices required by law. He shall have custody of the seal of the Association and
= affix it to instruments requiring a seal when duly signed. He shall keep the records of the
Associarion, except those of the Treasurer, and shall perform all other duties incident to the
~±r office of Secretary of an association and as may be required by the Directors or the President .
~ The Assistant Secretary shall perform the duties of the Secretary when the Secretary is absent.
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= E. The Treasurer shall have the custody of all property af the Association , including
funds. securiries and evidences of indebtedness. He shall keep the books of the Association
- in accordance with good accounting pracrices; and he shall perform all other duries incident
to the office of Treasurer .
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" F. The compensarion of all employees of the Association shall be fixed by the Directors .
The pro~zsion that Directors' fees shall be de*_ermined by members shall not preclude the
- Board of Directors from employing a Director as an employee of the Association nor preclude
' the contracting with a Director for the management of the Condominium .
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