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HomeMy WebLinkAbout0957 ARTICLE VII OFFICERS A. Elective Officers. The principal elective of- ficers of the Association shall be a President, Vice-President, Secretary & Treasurer and such other officers as shall be elected i by the Board of Directors at the annual meeting of the Board of Directors. Any person may hold two or more offices except that the President may not also be Secretary or Assistant Secretary.. The President and Vice-President shall be elected from the members of the Board of Directors. ~ B. Election, Term and Compensation. All officers of .the Association shall be elected annyally by the Board of Directors at its meeting held immediately after the annual meeting of the Association and shall hold office for the term of one (1) year or until their successors have been duly elected and qualified. The Board may appoint such other officers as it shall deem necessary who shall have such authority and perform such duties~as from time - to time shall be prescribed by the Board. No compensation will be paid. to officers of the Association. ' C. Vacancies. A vacancy in any office may be filled ''i by the Board of Directors for the unexpired term. D. Removal of Officers. The Board of Directors may remove any officer by a majority vote at any time with or without I cause. If an officer is removed by the Board, such removal shall i be without prejudice to the contract rights, if any, of the of- ~ i ficer so removed. E. President. The President shall be the chief ex- ~ ecutive officer of the Association, shall have general and active management of the business and affairs of the Association subject to the directions of the Board of Directors, and shall preside at f all meetings of the Association and Board of Directors. He shall sign all written contracts, notes, checks, and all other written instruments on behalf of the Association and shall perform all of the duties incidental to his office which may be delegated to him ~ from time to time by the Board of Directors. E f S i k - _ 6- 8331 PEE ~7