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HomeMy WebLinkAbout2630 designated in the Ity1•rws of the Association. Said officers will be elected by the Board of Directors at its first meeting following the ~rnnual meeting of the members of the nssociation anti will serve ~ . at the pleasure of the 13~oard of Directors. 7'he names ar.d addresses of tl~e officers wl~o will serve until ti~eir successors are designated are as follows: 1're s i de n t 'T'ONY SO'1'(:1.UNGO 11)044 State Road A- 1 -n Jensen Beach, Florida 33457 Vice-President, Secretary-'Treasurer I~nl'1'Il tiU'I'(11.UN(al 10044 State Road n-1-n Jensen Beach, Florida 33457 AIZ•f ICLE 7 1 NUL•h1N I l~ I Cn'1' I UN livery director :rnd every office of the Association will be indemnified by the nssociation against all expenses and liabilities including corr~sci fees, reasonably incurred h}• ~r imposeel upon him in connection with any proceeding or an}• settlement of an}• proceeding to which he m:ry he ~ party or in which he ma}• become involved by reason of his being; or having been a director or officer of the nssociation, whether or not he is a director or officer at the time such expenses are incurred; except when the director or officer i s adjudged gu i 1 ty of willful misfeasance or malfeasance in the performance of his duties. Provided that in the event of a settlement and reimhurscme~rrt as being for the best interests of the nssociation. The foregoing ril;ht of indemnification will be in addition io and not exclusive of all other rights to which such director or officer may be entitled. - n It'f I C L L' 8 13YLnIVS 1'Irc first Bylaws of the nssociation wi 11 be adopted h}• the Ii Board of Directors and ma}• he altered, amended or rescinded in the manner provided by said Bylaws. ~ ~ nIITICLL' 9 . nMLNUh1fiN"1'S i ~ amendments to these Articles of Incorporation will be proposed and adopted in the followinb manrter: ~ _ 9.1. Notice of the subject matter of a prc,l?osecl amendmen+ wi 11 _ he included 1r1 the notice of any meeting at which a proposed amendment is considered. c~.2. n resolution for the adopticn of a proposed amendment may 3 be proposed tither by the Board of I)ircctors or by the mcml:ers of the Association. I?irertors and members not present irz person or by proxy a( the meeting considering the amendment may express their approval in writiril;, provieling such approval is delivered to the secretary at or prior to the meeting. 5 a r -4- BCr~K327 PaGE2Ei29 a fi