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6.0. EDSR 06-10-2002
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6.0. EDSR 06-10-2002
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City Government
type
EDSR
date
6/10/2002
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ARTICLE IX <br /> NO PERSONAL LIABILITY • <br /> The officers, directors and members of this corporation shall not be personally liable for the <br /> acts, debts, liabilities or obligations of the corporation or any enterprise or activity carried on or <br /> sponsored by it. <br /> ARTICLE X <br /> ACTION WITHOUT A MEETING <br /> An action may be taken by written action signed by the number of directors that would be <br /> required to take the same action at a meeting of the board at which all directors were present. <br /> The written action is effective when signed by the required number of directors, unless a <br /> different effective time is provided in the written action. When written action is taken pursuant to <br /> the authority of this Article, all directors must be notified immediately of its text and effective <br /> date. Failure to provide the notice does not invalidate the written action. A director who does <br /> not sign or consent to the written action is not liable for the action. <br /> ARTICLE XI <br /> INCORPORATOR <br /> The name and address of the incorporator is Scott Martin, 13911 Ridgedale Drive, Suite 260, <br /> Minneapolis, Minnesota 55305. • <br /> • <br /> 4 <br />
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