HomeMy WebLinkAbout0788 every member of the Association serving the Association at its
reyuest, shall be indemnified by the Ass~~ciation against all
expenses and liabilities, including counsel Elves, reasonably
incurred by or imposed upon him in connection with any pro-
ceeding or any settlement of any proceeding to which tie may be
a party or in which he may become involved by reason of his
being or having been a director or officer of the Association
or by reason of his serving or having served the Association at
its request, whether or not he is a director or officer or is
serving at the time the expenses or liabilities are incurred;
provided that in the event of a settlement before entry of
judgment, and also when the person concerned is adjudged guilty
of willful misfeasance or malfeasance in the performance of his
duties, the indemnification shall apply only when the F3oard of
Directors approves the settlement and reimbursement as being
for the best interests of the Association. The foregoing right
of indemnification shall be in addition to and not inclusive of
all other rights to which that person may be entitled.
ARTICLE 6: BY-LAWS
The first By-laws of the Association shall he adopted by
• the Board of Directors and may be altered, amended~~r rescinded
by the directors and members in the manner provided by the
By-laws.
ARTICLE 9: AMENDMENTS
Amendments to these Articles of Incorporation shall be
proposed and adopted in the following manner:
9.1. NOTICE. Notice of the subject manner of a pro~~osed
amendment shall be included in the no Cice of any meeting at
which the proposed amendment is to be considered.
9.2. ADOPTION. A resolution for the adoation of a
proposed amendment may be proposed either by the Board of
Directors or by the members of the Association. Directors and
members not present in proxy or by proxy at the meeting con-
sidering the amendment may express their approval in writing,
providing the approval is delivered to the secretary at or
prior to the meeting. The approvals must be either
_ a. by not less than 608 of the entire m~~cnbership
of the Board of Directors and by not less than 518 of the votes
of the entire membership-of the Association; or
b. by not less than 608 of the votes of the entire
membership of the Association.
9.3. LIMITATION. Provided, however, that no amendment
shall make any c anges in the qualifications for membership nor
in the voting rights or property rights of members, nor any
change in Section"s 3.3 to 3.6. of Article 3, entitled "Powers",
without approval in writing by all members and the joindec of
all record owners of mortgages upon units. No amendment shall
be made that is in conflict with the Condominium Act or the
Declarations of Condominium.
9.4. RECORDING. A copy. of each amendment shall be
accepted an certi led by tt?e Secretary of State and be
recorded in the public records of St. Lucie County, Florida.
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- aoox~3 PacE 78~'
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