HomeMy WebLinkAbout0532 ~residnnt of th~~ ~+~;sc~riation frir the ~~It~•rat iron, .•tmendm~nt, or
re~;cission ctf llrn~:c~ articles. Luc-h waiver m.-ty cx~c~ur hefc~re, at or
after a mnmhnr~;hih mc~ntiny at which vcitc~ is t.ak~n to amend,
alter or rescind these Articles in whole or in Erart. ~
Alt'1'ICLI: VI
Irfnl:ritltF'IC.A'rlotl oc or•r•1cN:It:~__r,ln~__Dlltrc_'rulz:;
I:vnry Ui rc•ct~r .end every nC f icnr ~f fhc• c'~rh~rat icon sh~-t11 he
indemnified by thc~ Ccrrhoration aclainst :rll nxhnnses and liability,
including roun~nl fens, reasonably incurred by or imposed upon him
in connection with any hroceediny to which hn may he a party, or
i n which he may hoc-r~mn involved, by rnasc•n of h i he i nq or h~tv ind
been a Direc-tr,r .+r cuff icer at the limn ~-uch ~xh~n~;ns are incurred,
exr.nht in such c•asnr ~.hnrnin the hi r~ct(>r ~+r ~?f f icnr is adjudged
gull ty of Sri 11 frrl misfeasance in the hnrfc~tmanrc~ of his duties;
provided that. in lire (went of anv claim fir r~imhursement or
indemnification hnrr'under based uh~n a .,e t t 1 ~~m~nt by thc~ Director
or Officer senkiny su^h reimbursement or indemnification, the
indemnification herein shall apply only if the Board of Directors
ahhrc?vns such satllmm~nt and reimbursement as hein~l in the
interests of thc• !'ot'f+nration. such approval shall he made by a
majority vote r,f a clu~rurn consisting of direct.nrs who were not
hart ies try such 1+rncned inys. The Corecloi n~I r i~lht of
indmm~ificati~n steal! ten in addition to and not exclusive of all
other rights tc~ khi~h such Director or Off icnr may he entitled.
A1tTICLG XII
1'ItAtJSAc~'I'IUtJ;; It! W11IC11 UIRF.CTU[tS OR Ot'1'ICI;ltS ARI: INTCRES'1'FU
Sect i~)n l . tJ~~ c•ontr.act or transact if~n t+~tween the Associa-
t ion anti r1n~ %ir mc~r-e r)f. its Ui rectors c)r ~rf F i cars, or between the
Rssociati(rn an(3 any other corf!oratic~n, hartn~rshih, as,ociation,
trust or other. or~Iani~a*_ion in which one or more of its Directors
or of f icers are Di rnclors or Of f icnrs, Wit- 1?a~~n a financial
interest, shall hor invalid, void or v~i.lat+ln s•+Iely f.or this
reason, t)r C=ol 1 ~ 11~calrse the d l rRCt.(1r c)r c)f f 1 c•~r 1S flrnsent at OC
I harticil~at~s in th~~ met•tiny of the Rc~:rrd ~+r c'cmm~it.tne thereof
which authori zn~l the r-rn~trant or trans.-rct- ic+n, mot- sr~lnl y hecause
Said of f i cn r' S or ~l i rector's votes am c•c~lrnt_~~l f car such hur. pose .
I TJ~~ dir~ctor~ r~r off icnr of the Associat.inn ,hall incur liability
! by reason of the fact that said d i rnctc)r car ~f f icer may be
~ interested in any ..^,uch contract or transaction.
s
:;cct ion 2. [ntnrested officers and d i rnctc,r: may be counted
in determining thrr hr~sence of a quorum at meeting of the Roard
of Directors or of a committee wlrich auth~riznd the contract or
transaction.
1 AIt7' I C I.l_-XII I
- ADDJ~ras of urcls•rrril:D c)rrl~r:
~ The street address of the r. eg i stnr(~d ~rf f i cn cif th i s
Corporation in the Mate of Florida shall he J11Ii tt.S. lliyhway 1}l, Suite
9 5, rJorth rilm tz~.irh, Flc~ridrt ~1~4RR, 't'he n:rm~ ~f the initial
registered agent at this addrese, shall t,~ I.lc~l cJ nasncrr. 'I'he Roard
} of Di rectors may f r~+m t irnr' to time mwc~ thr~ Cr'~) i stored of E ice to
any other address in Florida.
I
p_ ~ arnX NacE 532