Agenda - 12-13-2011 - 8f - Laserfiche WebLink

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DRAFT PFAPC By-Laws / I '-~"~~J.._ 3 BY-LAWS PIEDMONT FOOD AND AGRICULTURAL PROCESSING (PFAP) CENTER CORPORATION TABLE OF CONTENTS Article I NAME .......................................................................... ......................................................4 Section 1.01 Name ..................................................................... ......................................................4 Article II. ORGANIZATION ........................................................ ......................................................4 Section 2.01 Organization .......................................................... ......................................................4 Article III. MISSION AND PURPOSE ...................................... ......................................................4 Section 3.01 Purposes ................................................................ ......................................................4 Section 3.02 Tax Exempt Status ................................................ ......................._..............................5 Section 3.03 Limitation ............................................................. .......................................................5 Article IV. OFFICE AND REGISTERED AGENT .................. .......................................................5 Section 4.01 Office ................................................................... .......................................................5 Section 4.02 Registered Office and Registered Agent .............. ................................. ................5 . Section 4.03 Changes ................................................................ .......................................................5 Article V. MEMBERSHIP ............................................................ .......................................................5 Section 5.01 Membership ......................................................... .......................................................5 Article VI. BOARD OF DIRECTORS ("BOARD") ................. .......................................................6 Section 6.01 Composition ......................................................... .......................................................6 Section 6.02 Terms ................................................................... .......................................................6 Section 6.03 g ty ................................... Vacancies and Ineli ibili 6 ....................................................... Section 6.04 Removal ............................................................... .......................................................6 Section 6.05 Resignation .......................................................... .......................................................7 Section 6.06 Membership Restriction ....................................... .......................................................7 Section 6.07 Compensation ...................................................... .......................................................7 Section 6.08 Duties ................................................................... .......................................................7 Article VII. MEETINGS ............................................................. .......................................................7 Section 7.01 Place of Meetings ................................................. .......................................................7 Section 7.02 Annual Meetings .................................................. .......................................................7 Section 7.03 Regular Meetings ................................................. .......................................................7 Section 7.04 Special Meetings .................................................. .......................................................8 Section 7.05 Informal Action .................................................... .......................................................8 Section 7.06 Form of Notice ..................................................... .......................................................8 Section 7.07 Waiver of Notice; Presumption of Assent ........... .......................................................8 Section 7.08 Quorum ................................................................ .......................................................8 Section 7.09 Manner of Acting ................................................. .......................................................8 Section 7.10 Participation in Meetings by Electronic Communications .............................:...........8 Article VIII. COMMITTEES OF THE BOARD AND FOCUS GROUPS ........................................9 Section 8.01 Committees of the Board ..................:................. ........................................................9