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11 <br />January 27, 2011 draft <br />9.5. Obligations and Duties of Members. <br />(a) Members shall pay their annual membership dues within sixty (60) days after statements are <br />mailed by the Association. <br />(b) Members shall adhere to the Bylaws and other rules and regulations as established from time <br />to time by the Board of Directors, its committees, or other Members. <br />(c) In the event that a Member is delinquent in the payment of any amounts owed, the Member <br />shall be notified within sixty (60) days of the date of such delinquency. If the Member <br />receives two (2) consecutive notices of delinquency_ and if payment has not been made by the <br />third month after such amounts become due and' payable, the membership status of such <br />Member shall be terminated. Such termination of membership status shall not relieve the <br />Member of its obligation to make all payments due before the date of the termination. <br />9.6. Resignation of Members. Any Member may resign at any time upon one hundred twenty <br />days prior written notice by submitting a written resignation to any officer of the Association or Member <br />of the Board of Directors. Such resignation shall relieve the Member so resigning from obligations to <br />pay dues or make contributions accruing after the date of such resignation. Any resigning Member must <br />satisfy all payment obligations arising before. such resignation. <br />9.7. Termination of Membership. In addition to having its membership terminated for <br />nonpayment of dues as set out above, a Member's membership in the Association shall also be <br />terminated if the Member is no longer a local government located in whole or in part within the Falls <br />Lake Watershed. <br />9.8. Restrictions on Transfer. Memberships in the Association are not transferable. <br />ARTICLE X -OFFICERS <br />10.1. Number. The officers of the Association shall consist of a Chairperson, a Vice <br />Chairperson, a Secretary, and a Treasurer.. The Chairperson and Vice Chairperson shall be Directors. <br />The Secretary and Treasurer may, but need- not be, Directors. The offices of Secretary and Treasurer <br />may be combined... <br />10.2. Election, Term of Office and Qualifications. Each Officer shall be elected by the Board of <br />Directors and shall hold office `until the annual meeting of the Board of Directors held next after such <br />officer's election, or until such officer's successor shall have been duly chosen and qualified, or until <br />death, or until such officer shall resign, or shall have been disqualified, or shall have been removed from <br />office. <br />10.3. Removal. Any officer elected or appointed by the Board may be removed by the Board by <br />a majority vote of the Directors present at a properly noticed and called meeting at which a quorum is <br />present whenever in its judgment the best interest of the Association would be served thereby. New <br />officers may be elected at the same meetings to fill the unexpired term of the removed officer. <br />{A0076878. DOC}{A0076878. DOC}{8 <br />