Laserfiche WebLink
r <br /> s <br /> BY-LAWS OF EXCHANGE CLUB C.A.S.T.L.E. <br /> Article I <br /> Section 1 . The corporate fiscal year shall end on September 30th of each year. <br /> Section 2. The members of the Corporation shall be the duly elected Governing Board of Directors. <br /> The annual meeting of the members of the Corporation shall be held no later than November of each year, <br /> at such place and hour as the members may determine. Notice of the annual meeting shall be given through <br /> invitation, in accordance with Article III, Section 4. <br /> Section 3 . A quorum for any meeting of the Governing Board of Directors of the Corporation shall <br /> consist of a majority of those present at any regularly scheduled business meeting, with a minimum of five <br /> (5) present. <br /> Section 3 . A quorum for any meeting of the Governing Board of Directors of the Corporation shall <br /> consist of one more than 50% of the members. Attendance via telephone conferencing to achieve a quorum <br /> is permissible. Any action by the majority of those present shall be the action of the Governing Board of <br /> Directors except amendments to the Articles of Incorporation and to the By-Laws . <br /> ARTICLE H <br /> Governing Board of Directors <br /> Section 1 . The business and property of the Corporation shall be managed by the Governing Board <br /> of Directors. The Governing Board of Directors shall be comprised of not less than 7 or more than 20 <br /> members, including the officers . <br /> Members will be elected for a minimum of a 1 -year term. Terrns run from October 1 through September <br /> 30. Members will not be compensated for services . <br /> Vacancies occurring on the Governing Board of Directors may be filled by a majority vote of the <br /> membership for the remaining term. <br /> Section 2 . Meetings of the Governing Board of Directors may be held monthly, and on call of the <br /> President, or in his/her absence, by the Vice Presidents. Al l meetings will be conducted under Roberts <br /> Rules of Order. <br /> Section 3 . A quorum for any meeting of the Governing Board of Directors shall be consistent with <br /> Article I, Section 3 . <br /> Section 4. The duties of the members shall be: <br /> A. To manage the affairs of the Corporation. <br /> B . To adopt such policies and procedures as may be consistent with the Articles of Incorporation and the <br /> By-Laws. <br /> Castle-Articles-Bylaws 18/27/2001 <br /> C. To chair or appoint such committees as it may deem expedient for carrying out the objectives of this <br /> Corporation, and to act upon the recommendations of such committees . <br /> D. To employ such persons as it may deem necessary for the successful execution of the objectives of this <br />