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- E. ~ Wa~i~ver ~of •Kotice.. Any pirector may waive notice
of any meeting of the board of Directors either before or s
after the holding of the meeting by a waiver in writing.
Attendance by a Oirect~r at any meeting of the Board shall be
a waiver of notice by him of the time and place of said meeting. ~ -
If all the Directors are present at any meeting of the Board,
no notice shall bh required, and 'any business may be transacted
at such meeting. _
_ ARTICLE VI -
POWERS ANO DUTIES OF THE BOARD OF .DIRECTORS
_ A. -The Board of Directors shall have powers and
duties:- - - - _
1. To call meetings of the members.
- 2. To' appoint and rea~ove- at pleasure all officers
of the Association and require of them such security or fidelity
bond as it nay deem expedient. -
3. To establish, levy and assess, and collect
assessments necessary to operate the Association and .carry on
its activities, and to create such reserves for-extraordinary
expenditures as may-be deemed appropriate. by the Board of .
Directors. _
4. To adopt and publish-rules and regulations.
governing the use of the Common Areas.
- 5. To exercise al-l-powers specifically set forth
in the Declaration of Covenants, Restrictions ar+d Easements, the
Articles of Incorporation, in-these By-Laws and all powers inci-
dental ±hereto.
6., To employ, dismiss and supervise the personnel
necessary for the maintenance and repairs and improvements of
_ the Common Areas and external maintenance and repair of Members' -
Dwelling Units Nhere undertaken, i-t~cluding the right and power
to -employ attorneyss accountants, contractors, and other profes-
sionals as the-need arises. Nothing contained in these By-Laws -
- aid( ~ ~tq~ .Z6~C~ 3 -
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