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

Browse Search

DRAFT PFAPC By-Laws 9 felony; (iii) has been found by final court order or judgment to have breached any duty under N.C.G.S. Chapter SSA, Article 8 (relating to standards of conduct), (iv) has violated the Membership Restriction described in Section 6.06 (v) has been absent from three (3) consecutive meetings without giving prior notice to the Chair. Such removal may occur with a simple majority vote of all currently elected or appointed Directors. (b) Without Cause. The Board may declare vacant the office of any Director and remove said Director without cause where such removal is determined to be in the best interest of the Corporation. Such removal may only occur with atwo-thirds majority vote of all currently elected or appointed Directors. Section 6.05 Resignation Any Director may resign my giving notice to the President or Secretary of the Board. The resignation of a Director shall be effective when notice is given unless the notice specifies a later time. The resignation shall be effective regardless of whether it is accepted by the Corporation. However, no Director may resign when the Corporation would be then left without a director or directors in charge of its affairs. Section 6.06 Membership Restriction No employee of the Corporation may serve on the Board, hold an elective office on the Board, or have voting privileges. Section 6.07 Compensation Members of the Board shall not` be entitled to compensation for their services. Board members may be eligible for reimbursement of expenses related to Board activities. Section 6:08 Duties' It shall be the duty of Board members to perform and comply with any and all duties imposed on them collectively or individually by, law, the Articles of Incorporation of this Corporation, or by these By-Laws. Article VII. MEETINGS Section 7.01 Place of Meetings The meetings of the Board shall be held at the registered offices of the Corporation or at any place within the counties served by the PFAP Center and agreed upon by a majority of the Board members. Section 7.02 Annual Meetings The Board shall meet annually for the purpose of electing officers, consideration of reports of the previous year and transaction of such other business as may come before the Board. The Board shall establish the date, time and place of such annual meetings. If the Board makes no alternate provisions, the annual meeting shall be held on the first Monday of May in each year, at the Corporation's principal office. Section 7.03 Regular Meetings Regular meetings of the Board shall be held at such times as the Board may determine. The Board shall meet at least four (4) times a year. Draft 12/2 ~