Orange County NC Website
1 <br /> place and hour as may be fixed from time to time by resolution <br /> of the Board. Should said meeting fall upon a legal holiday, <br /> then that meeting shall be held at the same time on the next day <br /> which is not a legal holiday. „. <br /> • Section 2. Special Meetings. Special meetings of the <br /> Board of Directors shall be held when called by the President of <br /> the Association, or by any two (2) directors, after not less <br /> than three (3) days notice to each director. <br /> Section 3. quorum. A majority of the number of <br /> directors shall constitute a quorum for the transaction of <br /> business. Every act or decision done or made by a majority of <br /> the directors present at a duly held meeting at which a quorum <br /> is present shall be regarded as the act of the Board. <br /> ARTICLE VII <br /> POWERS AND DUTIES OF THE BOARD OF DIRECTORS <br /> Section 1. Powers. The Board of Directors shall have <br /> power to: <br /> (a) adopt and publish rules and regulations <br /> governing the use of the Common Area and facilities, <br /> and the personal conduct of the members and their <br /> • guests thereon, and to establish penalties for the <br /> infraction thereof; <br /> (b) suspend the voting rights and right to use <br /> of the recreational facilities of a member during any <br /> period in which such member shall be in default in the <br /> payment of any assessment levied by the Association. <br /> • Such rights may also be suspended after notice and <br /> -6- <br /> 11111111111111momm"""`""'"."--- <br />