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HomeMy WebLinkAbout0685 . • Interval Cwners~iip, he shall be entltled to vote for each pa.rcel or Interval Cwnership owned the numbers of votes assigned to it. The Association shall not have a vote for any week retained to it 3s a"maintenance" week, if any, (b) A majority of the members' (actually voting in qerson or by proxy) total votes shall decide any question, unless the L'eclar~tion or Exhibits specifically requires otherwise, ln which event the voting percentaqe required shall c~ntrol. Section 3, uorum. Unless otherwise required upon a specific matter, the presence in person or by proxy of 51~ Qf the memtiers' total votes shall constitute a quorum, except for matters requiring greater than 3 majority vote to adopt, in which case such percentaqe as is required to ,o adopt shall be required to constitute a quorum, Section 4. Proxies. Votes may be cast in person or by proxy. AlI proxies shall be in writing anc3.signed by the person entitled to vote (as set _ forth below in Section 5) and shall be filed with tE~e Secretary not Iess than three (3) days prior to the meeting at which they are to be used and shall be valid only for the particular meeting designated threrin. Gt'here a unit i~ ' avvned jointly by a husband and wife, if they have n~t design~,ted one of them as a voting member, a proxy must be. signed by both hus~.nd and wife where a third person is designated. . Section 5, resigna.tion ~f Votinq Member. If a C~ndominium p3rcel or Interval Cwnership in a pa,rcel committed to Interval Cwnership is . owned by one person, his right to vote shall be establi~hed by the recorded title to the ~ame_ in his n3me. If a parcel not committed-to Interval Cwner- ship or any_Interval G~vnership in a parcel so committed is owned by more than one (1) ~erson, the person entitled to c3st the vote for the came sha11 be desiqnated in a Certificate, signed by all of the record unit owners of the ~ame and filed with the Secreta.ry of the Association. A ny Interval Cwnership in a par~el owned by a Corporation, the officer or employee thereof entitled to ~st the vote of the same for the Cor.poration shall be designated "in a Certificate for this purpose, signed by the President or V i~e-Pres ident ~f the Corporation, 3ttested to by tEte S~creatary or Eissist~nt Secreatry of the Corpora.tion, and filed with the Secreta,ry of the Associati~n or afor~said. The person designated in such Certifica.te who i~ entitled to cast t~e vote shall be kn~yvn a~ the."votinc~ men~r". if s»ch 3 Certificate i~ not on file with the Secret3ry of the Ass~~ia.tion for a par~el or Interval Cwnership owned by more t!~a.n one person or by a Corporation, the vote of the Interval Cwnership ~oncerned shall not be considered in determining t~e requirement for a quorum, or for any purpose ~equiring the a~proval of a per~on entitled t~ ca~t the vote for the Interval Cwnership, except if same is ~wned by a husband and wife. Such Certifi.^_ates shall be valid until revoked or until suspended by a subsequent Certifi^ate, or until a change in ownership. If a parcel or Interval Cwnership is owned jointly by a husband and wife, the following three provisions are applica,ble thereto: (a) They may, b•at they chall not be required to, designate a voting member. (b) If they do not de~igc~te a voting member and if both are present at a meeting and are unable to concur i~ their decision upon any subject requiring a~ote, they shall lase their right to vote on that subject at that meeting. . ~ (c) V?'here they do not designate a votinq member, and ~nly one is R• ~On present at a meeting, the person present may cast the vote, just as though he or ~he owned the .pa.rcel or Interval C~avner~hip individually, and without ~ 700 GOS.OAJ1pp AY[NYa establishing the cancurrence of the absent perton. .~.~a? . Section E. Notwithstandinq arry other provisions in these gy-Laws, ~n-2 Z 87 ~s 68Z- ~ - x - - - _ _ _ _ .