5.9. SR 10-17-1994 - Laserfiche WebLink

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Section 4. Each member is entitled to one vote upon each matter submitted to a vote at a . meeting of the membership. ARTIC~ m MEETINGS Section 1. The annual meeting of the members shall be held on the first (1st) Monday in February each year. Members shall be provided with at least two (2) weeks written notice of the time and place of holding the annual meeting. Section 2. Special meetings ()f the members may be called by the Board of Directors, or by request in writing signed by Twenty-five Percent (25%) of the members delivered to the registered office of the corporation. Notice of a special meeting, specifying the date, time, place, and purposes of the meeting shall be provided to each member at least two (2) weeks prior to the date of the special meeting. Section 3. The Board of Directors shall hold regularly scheduled meetings on a quarterly basis. These meetings should be announced in advance to members through the newsletter. Special meetings may be called by the Chair, or any three (3) members of the board with at least one (1) week notice, unless an members of the board waive this notice requirement. . Section 4. A majority of the Board of Directors then in office must be present at a meeting to constitute.a quorum for the transaction of business at a meeting. Section S. Any action that may be taken by the Board of Directors at a meeting, may be taken without a meeting if a consent in writing setting forth the action to be taken shall be signed before such action by all of the directors. . ARTIC~ IV BOARD OF DIRECTORS Section 1. The Board of Directors shall consist of seven (7) persons. At the first meeting of the board following the election of the directors, the board shall elect the following officers from their own number. (1) Chairman, (2) Vice-Chairman, (3) Secretary, (4)'Treasurer. Section 2. The term of the Board of Directors shall be three (3) years. The initial seven (1) person Board of Directors shall be designated to serve terms of one (two members), two (two members), and three (three members) years. Thereafter, Directors shall be elected for the three (3) year terms. Section 3. Board members must be members with two (2) years of good standing with the organization, except the initial Board and the members elected at the first annual meeting. A Director or Officer may be removed for cause. Cause for removal shall include, but not be . 2