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HomeMy WebLinkAbout2011 - i - - - - - - - a designated in the Bylaws of the Associ.at-ion. Said officers dill be elected by the Board of Directors at its-first ®eeting following the annual meeting of the members of the Association and will serve _ at the pleasure of-the Board of Directors. The names. and addresses of the officers who will serve until their successors are designated - are as follors: President TONY St?TOLONGO 10044 State Road A-1-A Jensen--Beach, Florida 33457- - - Vice-President, ~ - Secretary-Treasurer - FAITH SOTOLONGO - - 10044 Statr~ .Road A-1-A- Jensen Beach, Florida 33457 - - - ARTICLE ? ~ - _ INDEMNIFICATION - Every director and_every office of the .Association will be- - indemnified by the Association against all expenses and liabilities including counsel-fees, reasonably incurred by or imposed upon him - - in connection-with any proceeding or any settlement of any proceeding to which he may-be a party or in which-he may become involved by reason of his being or having been a director or officer of the Association, whether or not he is a director or officer at the time such expenses are incurred, except when-the director or officer is adjudged guilty of willful-misfeasance or malfeasance in the performance of his duties. Provided that-in the event of a settlement and reimbursement as being for-the best interests of the Association. The foregoing right of - indeWnification gill be in addition to and not exclusive o-f all other - rights to which such director or officer may be entitled. I - - j - - ARTICLE ~8 BYLA~iS - The-first Bylaws of the Association will be adopted by the Board of Directors-and may be altered, asended or .rescinded in the - ,anner provided by said Bylaws. - ARTICLE 9 _ - AMENDi?lENTS - Avendments to these Articles of Incorporation will be proposed- and adopted in the following Wanner: 9.1. Notice of the subject matter of a proposed amendment will be included in the notice of any meeting at which a proposed amendment is considered.. - ~ 9.2. A resolution for the adoption of a proposed amendment may - ~ be proposed .either by the Board of Directors or by the members~of the Association. Directors and members not present .in -,person or by r proxy at the meeting considering the amendment-may express their approval in writing, providing such approval is delivered to the - secretary at_or prior to: the meeting. ~ ~ - ! - - - - - i -4- k - a00 PRfE -