HomeMy WebLinkAbout1341 meeting at which a quorwn is present will constitute the acts of the Board of Directors.
except when approval by a greater number of directors is required by the .Declarations E
of Condominium for such condominiums , said Articles of Incorporation or these Bylaws .
3.9 . Adjourned meetings . If at any meeting of the Board of Directors
there is less than a quorum p~t~esent, the majority of those present~may adjourn the
meeting from time to time until a quorum is present. At any adjourned meeting any
business that might have been transacted at the meeting as originally called may be
transacted without further notice .
3.10. Joinder in meeting by approval of minutes . The joinder of a
director in the action of a meeting by signing and concurring in the minutes of that
meeting will constitute the presence of such director for the purpose of determining
a quorum .
3 :11. The presiding- officer of directors' meetings will be the Chairman
of the Board of Directors if such an officer has been elected; and if none, the President
will preside. In the absence of the presiding officer, the directors present will
designate one of their number to preside . -
3.12. The order of business at directors' meetings will be:
(a) Calling of roll
(b) Proof of due notice of meeting
(c) Reading and disposal of any unapproved Minutes
(d) Reports of officers and committees
(e) Election of officers
(f) Unfinished business
(g) New business
(h) Adjournment
3.13_ . Directors' fees will not be paid .
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4 . POWERS AND DUTIES OF THE BOARD OF DIRECTORS .
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All of the powers and duties of the Association will be exercised
exclusively by the Board of Directors, its agents, contractors or employees, subject
only to approval by apartment owners when such is specifically herein or elsewhere
required . The Board of Directors may contract to pay reasonable fees and salaries
for services supplied to the Association .
5 . OFFICERS .
5.1. The executive officers of the Association will be a President, who
will be a director, and aSecretary-Treasurer, both 'of whom will be elected annually
by the Board of Directors and who may be peremptorily removed by vote of the directors
at any meeting . Any person may hold two or more offices except that the President shall ~
not also be the Secretary . The Board of Directors from time to time will elect such other ~
officers and designate their powers and duties as the Board of Directors shall find to be
required to manage the affairs of the Association . -
5.2 . The President will~be the chief executive officer of the Association .
He will have all of the powers and duties usually vested in the office of the President
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I of an association; including but not limited to the power to appoint committees from
~ among the members from time to time, as he, in his discretion, may determine r~
$ appropriate to assist in the conduct of the affairs of the Association .
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