Agenda - 10-09-2007-6b - Laserfiche WebLink

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3~ Article VII General Provisions Section 1. Fiscal Year. The Corporation's fiscal year will begin on the first day of January and end the last day of December each year. Section 2. Inspection of Records. All Corporation books and records may be inspected by a representative of any Market Member or its attorney for any proper purpose at any reasonable time. Documents will be made available within two weeks of receipt of a written request for such an inspection. Section 3. Committees. Any business function of the Corporation may be delegated to a committee of Markets by the Board of Directors. Committees will investigate, plan, regulate, . and oversee any function of the Corporation within the approval of the Board of Directors. However, the Board of Directors may not avoid their responsibilities for Corporation business ~by delegating to committees. A committee chairperson may be elected by a committee. Section 4. Market Manager. The Board of Directors will employ/contract a Market Manager. The Market Manager may not be a Corporation member. The Board of Directors will approve in December of each year a contract delineating the responsibilities of the Market Manager for the coming year. Article VIII Amendments Section 1 Amendments to the Articles of Incorporation. The Articles of Incorporation may be altered, amended, or replaced only by atwo-thirds majority vote of the Corporation membership at a regular or special meeting. Intention to seek a change in the Articles of Incorporation must be filed with the Secretary in writing at least ten days before the meeting during which it is to be considered and before the notice of such meeting has been provided to the Market Members. Section 2. Amendments to the By-Laws. The by-laws may be altered, amended, or replaced by a majority vote of the Corporation membership at any regular or special meeting. Intention to seek a change in the by-laws must be filed with the Secretary in writing at least ten days before the meeting during which the change is to be considered and before the notice of the meeting has been sent to Market Members.