Article Eleven
Officers And Their Duties
Article 11 Section 11.1 Enumeration of Officers: The officers of this Association shall be a President and Vice President, a Secretary and a Treasurer, and such other officers and assistant officers as the Board of Directors shall authorize from time to time, who shall at all times be directors and members in good standing. Section 11.2 Election of Officers: The election of officers shall take place at the first meeting of the Board of Directors following each annual meeting of the members. Section 11.3 Term: The officers of this Association shall be elected annually by the Board of Directors and each shall hold office for one (1) year and until his/her successor shall have been duly elected and qualified, unless he/she shall sooner resign or be removed, or otherwise be disqualified to serve. Section 11.4 Resignation/Removal: Any officer may be removed from office only for cause by a majority vote of the directors present and voting, though less than a quorum. Any officer may resign at any time by giving oral notice at any regular or special meeting of the Board of Directors or by giving written notice to the Board of Directors, the President, or the Secretary. Such resignation shall take effect on the date of receipt of such notice or at any later time specified therein. The acceptance of such resignation shall not be necessary to make it effective. Section 11.5 Vacancies: In the event of death, resignation or removal of an officer, his successor shall be selected by the remaining directors, though less than a quorum, and shall serve for the unexpired term of his predecessor. Section 11.6 Multiple Offices: The offices of Secretary and Treasurer may be held by the same person. No person shall simultaneously hold more than one of any of the other offices except in the case of any special offices created. Section 11.7 Duties: The duties of the officers are as follows: A. President: The President shall preside at all meetings of the Board of Directors, shall see that orders and resolutions of the Board are carried out, shall sign all leases, mortgages, deeds and other written instruments and shall co-sign all checks and promissory notes. The President shall be Chief Executive Officer of the Association, and shall be vested with the powers and duties generally incident to the office of President of a non-profit corporation, and the powers and duties incident to the office as set forth in these By-Laws. B. Vice-President: The Vice-President shall act in the place and stead of the President in the event of his absence, inability or refusal to act and shall exercise and discharge such other duties as may be required of him by the Board. C. Secretary: The Secretary shall record the votes and keep the minutes of all meetings and proceedings of the Board of Directors and of the members, serve notice of meetings of the Board and of the members, keep appropriate current records listing the members of the Association together with their current addresses and shall perform such other duties as required by the Board. D. Treasurer: The Treasurer shall receive and deposit in appropriate bank accounts all monies of the Association and shall disburse such funds as directed by the Board of Directors, shall sign all checks and promissory notes of the Association, keep proper books, and assist the audit committee in an annual audit of the Association's financial records. He shall further make a complete and accurate report at the annual meeting and shall prepare an annual budget and a statement of income and expenditures to be presented to the membership at its regular annual meeting and deliver a copy to each of the members.
