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HomeMy WebLinkAbout2637 - ~ _ ~ - _ receipt of such ballots such webers and representatives Aay, in respect to each Class A vacancy, cast as •any votes for the persons nominated as they are entitled to exercise ~jnder the provisions - of the Articles of Incorporation and #hese ey-laws. The - - - t cowpleted ballots shall be returned to the Secretary at the - i - address of the-Association, or at such other-address as desig- } - t nated upon-each ballot. Upon receipt of .each ballot, the Secretary shall iwwediately place it in a safe ~or=other - - - - - t- - locked place until the date of the annual aeeting -of the - Association. On that- day, and at the annual aeeting,- the ballots shall be turned over to an election conwittee which. - shall consist of five t5) aewbers appointed by the Board-of Directors or be counted by the Secretary if the Board has not - - appointed an election coewittee. - The ¦ewbers of the Board of Directors elected or appointed in accordance-with the procedures set forth in these -6y-Lars shall be deemed elected or appointed as of .the date of _the annual meeting of the Board-of Directors.. - - ARTICLE IX - - FISCAL MANAGEMENT - - - A. Deterwination of Assesswents. The deterwination of assessients both general and special and assesswents for - ~ external isproveients, the fixing of the annual budget, defau1 is and the-handling of the delinquencies, the application of payments and all watters relating-to assesswents, budgets and collections - _ and payments shill be as -set forth in the Declaration of Covenants, - - Restrictions And Easewents, the Articles of Incorporation and the _ - By-Lars. - - B. Depositories. -The funds of the Association sha-ll be deposited in such banks and depositortes as way be determined. by resolution of the Board- of Directe.•s cM^~. tiAe to time, and shall 5e withdrawn only upon checks and dewands for money signed by the President or Yice President and Treasurer-or by such - other officers of the Association as way be designated by the - ~ °8_ oK_ X24 ~ b3~ -10- - - t i