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HomeMy WebLinkAbout0684 . ~ ~ ~ ~ EXHIgIT "G ° ~ FY-LAV~'S ~ ~ . CF ~ TU RTZ E REFF CCNL`CMINIUNS II. INC. A FLCRIL`A NCN-PRCFIT CRGANIZA TICN ' . A R TICL E I. ~ ENTITY The followinq Py-laws shall govern the operation of Turtle Reef ~ - Condominiums I(created by the L'eclaration of Condominium to which these Py-Law~ are attached) by Turtle Reef C~ndominiums II, Inc. ~ Turtle Reef Cond~miniums II, In~. (-the Associati~n) whi~h is the C~ndominium Cwners Associatior, f~r TURTLE REEF CCNrCMINILIMS I 3s ~ defined in Ch~pter 718, of the Florida Statutes, is a Florida C~rporati~n n~t f~r orofit, organized and existing under the laws of the State ~f Fl~?'ida, and ~ _ is responsible ~ar admini~Eering or having administered and m~naged TURTLE REEF CCNL~CMINTUNS II ~re~ted by the L~eclarati~n ~f C~nd~- minium to vrhieh these Py-Laws are attached. Se~tion 1. ~The office ~f the As~~ciation shall be at the C~ndo- : m inium property, or at such other place as may subsequently be de~igc~a.ted by the F~ard of Admini~ti-~.tion of the Associ3ti~n. ~ Section 2. .The Seal ~f the C~rp~ra.ti~n shall bear t!~e name of th~ Corporati~n, the word, "Florida", the words, "Corporation n~t for pr~fit", and the year of incorporation. . t Secti~n 3. As used herein, the words, "Cor_porati~n, " ~hall be the equivalentvf "Association", as defined in the L~e~laration of C~nd~minium to which theGe Fy-L~ws are att,3~hed 3nd ~hapter 718, Fl~rida StatuteG. ; All other words, as used herein, sha,~l have the ~ame definition 3s attributed ` to them in the L~eclaration of Cond~minium ~f Turtle ReefCondominiums II to which these Fy-L~ws 3re att3~hed and/or Chapter ?18, ~Florid~ Statutes. t A R TICL E I: . ~ MEMPERSHIP A NL~ VCTING PRCVISICN~. . Section 1. Membership in the f~~~ociation shall be limited to Unit Cwners ~f the Interval Cwnerships in Turtle Reef Condominium II _ wherein this Corporation h~s been desiqnated the~ Association to oper3te 3nd administer said C~ndominium by virture ~f the reclaration ~f C~ndominium ~ of saici Condominium. Transfer ~f ownPr~~ip, either volunt~ry or by ~pe~.tion of law, sh~ll terminate membership in the A~sociation, and ~.id membership is to be~ome ve~ted in the transferee. If ownership is vested in . more than one person, then all of the persons so owning said par~el or Inte*v Cwnership shall be members eligible to h~ld office, attend meetings, etc., _ but as hereinafter indicated, the t~ote of a parcel or InterE~al G'~avnership shall ~ be ca.st by the "voting member". If ~wnership i~ vested in 3 Corp~ra.ti~n, 5 said Corpo~ation may designa.te as individual officer or employee ~f th~e ~ Corpo~.tion a~ its "votinq member". Notwithstanding the foregoing, each ~ Iaterval Cwner shall-be entitled to r.3st his share of the v~te of the parcel in which he ~wns his unit weeks as set forth in the L~eclarati~n. ~ ~ection 2. Voting - W- R_ SCOTT ~no,p.~,,., uw (a) The owner(s) of e~~h Condominium parcel shall be entitled to 7ooCO~O11A00AVp14t the number of votes equal. to the vote appurtenant to the ~ame as set forth in ~T~~~*. ~a? the Declar~tion and Fxhibits. If a Unit Cwner owns more than one parcel or ~uw . P Ii-1 8pp~', 2, ~'1 ~ O l - ~.~~>s~ ~ . _ _ - : _