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HomeMy WebLinkAbout1268(i) Unfinished business (~) New business (k) Adjournment ARTICLE III Board of Directors 3.1 The affairs of the Association shall be mnnaged board of not less thun one (1) nor more than five (S) directors, the exact number to be determined at the time election. hy g of the 3.2 Election of directors shall be conducted in the following manner: (a) Election of directors shall be held at the annual meeting of inembers. (b) A nominating committee of five (S) members shall be appointed by the Board of Directors not less than thirty (30) days prior to the annual members' meeting. The committee shall nominate one person for each director then serving. Nominations for additional directorships created at the meeting shall be made from the floor, and other nominations may be made from the floor. (c) The election shall be by ballot (unless d ispensed with by unanimous consent) and by a plurality of the votes cast, each person voting being entitled to cast his votes for each of as many nominees as there are vacancies to be filled. There shall be no cwnulative voting. (d) Except as to vacancies provided by removal of directors by members, vacancies in the Board of Directors occurring between annual meetings of inembers shall be filled by the remaining directors. (e) Any director may be removed two-thirds of the votes of the entire special meeting of the members called The vacancy in the Board of Directors filled by the members of the Associat meeting. by concurrence of membership at a for that purpose. so created shall be ion at the same 3.3 The term of each director's service shall extend until the next annual meeting of the members and subse_quently until his successor is duly elected and qualified or until he is removed in the manner elsewhere provided. 3.4 The organization meeting of a newly-elected Board of Directors shall be held within ten (10) days of its election at such place and time as shall be fixed by the Directors at the meeting at which they were elected, and no further notice of the organization meeting shall be necessary. 3.5 Regular meetings of the Board of Directors may be held at such time and place es shall be determined, from time to time, by a majority of the directors. Notice of regular meetings shall be given to each director, personally or by mail, telephone or telegraph, at least three (3) days prior to the day named for such meeting. - 3 - BO~K~'t~ Pl~GE~~.VU ~ MELIIWELI, MELROSE 6 OtWOL~, NINTM FLOOR, I~01 6RICKELL AVENUE, M~AM1, FIORIDA 33131 • TCLEPMONE (305) 3~3-7571 ~ ~ ~ - - - d~ "~: -y~=a .~~ _„ A.< _ . . . .. _ - <. _ ,