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or officer shall not be precluded from receiving compensation
for any services rendered to the Condominium Association in
another capacity.
Section 10. At each annual members' meeting the
directors shall submit a written statement of the business
transacted druing the preceding year, together with a report
of the general financial condition of the Condominium Association,
a report of the condition of its tangible property, and a
report of the status of assessments. Such statements and
reports shall be mailed to members not present at the annual
meeting.
Section 11. All annual and special meetings of the
Board of Directors shall be open to all members of the
Condominium Association.
Section 12. The directors shall have such additional
.
powers and authority as provided in these By-Laws and as are
conferred by the Articles of Incorporation of this Condominium
Association, the laws of the State of Florida, and the Declara-
tion of Condominium of INDIWE CONDOMINIUM, INC.
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Of f icers
Section 1. The officers of the Condominium Association
shall be a President, a Vice President, a Treasurer, and a
Secretary, and such other officers as the Board of Directors
may designate, all of whom shall be elected by the Board of
Directors, and shall hold office until their successors are
duly elected and qualified. One person may hold simultaneously
two offices, except that the offices of President and Secretary
shall be held by separate persons.
Section 2. The President shall preside at all directors'
and members' meetings, and shall have general supervision over
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