104
<br /> Section 4.03 Special Meetings. In addition to the annual meeting as provided in Section 4.01, a
<br /> special meeting of the Members may be called at any time by the President, a majority of the Board of
<br /> Directors, or upon written request of Members having not less than ten percent(10%) of all the votes in the
<br /> Corporation as provided in the Declaration.
<br /> Section 4.04 Notice of Meetings. Written notice of each meeting of the Members shall be given
<br /> by,or at the direction of,the Secretary or other person authorized to call the meeting by mailing a copy of such
<br /> notice,postage prepaid,not less than ten(10)days nor more than sixty(60)days in advance of any annual or
<br /> special meeting to each Member entitled and qualified to vote thereat,addressed to each such Member's address
<br /> last appearing on the books of the Corporation or supplied by such Member to the Corporation for the purpose
<br /> of the notice. Such notice shall specify the place, day and hour of the meeting and, in the case of a special
<br /> meeting,the purpose of the meeting. If mailed, such notice shall be deemed to be delivered when deposited in
<br /> the United Stated mail,addressed as provided above,with postage thereon prepaid.
<br /> Section 4.05 Qualification to Vote. Any Person who does not hold record title, individually or
<br /> with others,to any Lot shall not be entitled or qualified to vote on any action taken by the Members unless such
<br /> person is given the authority to vote for and on behalf of a Member by written proxy complying with the
<br /> provisions of Section 4.08. No Member who is delinquent in the payment of any Annual Assessment, Special
<br /> Assessment, Charge or other assessment, fee, cost, charge or other expense, or any part thereof, levied by the
<br /> Board of Directors shall be entitled or qualified to vote on any action taken by the Members at any time during
<br /> which any such Annual Assessment,Special Assessment,Charge or other fee,cost,charge or other expense,or
<br /> any part thereof,is delinquent.
<br /> Section 4.06 Voting List. At least five (5) days before each meeting of the Members the
<br /> Secretary shall prepare an alphabetical list of the Members entitled and qualified to vote at such meeting,which
<br /> list shall be kept on file at the principal office of the Corporation for a period of five (5) days prior to such
<br /> meeting, and shall be subject to inspection by any Member at any time during usual business hours. This list
<br /> shall also be subject to inspection by any Member during the whole of the meeting. Any Member otherwise
<br /> entitled and qualified to vote at any meeting shall be entitled to vote;provided,however,that the owner(s) of
<br /> each Lot shall not cast more than the number of votes allocated to such Lot by the Declaration on any action
<br /> taken by the Members,regardless of the number of record owners of such Lot.
<br /> Section 4.07 Quomm. The presence at any meeting in person or by proxy of Members entitled
<br /> and qualified to vote who represent not less than ten percent(10%)of the votes allocated to all Lots as provided
<br /> in the Declaration shall constitute a quorum for any action;provided,however,that no Lot may be represented
<br /> by more than one (1) Member for the purpose of determining whether a quorum is present, regardless of the
<br /> number of record owners of such Lot. If a quorum shall not be present or represented at any meeting, the
<br /> Members entitled and qualified to vote thereat shall have power to adjourn the meeting from time to time,
<br /> without notice other than announcement at the meeting, until a quorum as aforesaid shall be present or be
<br /> represented. The presence of a Member at the beginning of a meeting, in person or by proxy, shall constitute
<br /> the presence of that Member for the duration of such meeting for the purpose of determining whether a quorum
<br /> is present for any action.
<br /> Section 4.08 Proxies. At all meetings of the Members, each Member may vote in person or by
<br /> proxy;provided,however,that the record owner(s)of each Lot,whether one(1)or more,shall not be entitled to
<br /> cast more than one(1)vote per Lot as provided in the Declaration,regardless of the number of record owners
<br /> of such Lot. All proxies shall be in writing and filed with the Secretary. Every proxy shall be revocable and
<br /> shall automatically cease upon expiration or termination of the Member's membership in the Association or
<br /> suspension of his or her eligibility to vote.
<br /> Section 4.09 Order. The order of business at annual meetings of the Members, and, as far as
<br /> practical,at all other meetings of the Members,shall be:
<br /> a. Calling of the roll and certifying of proxies.
<br /> b. Proof of notice of meeting or waiver of notice.
<br /> C. Reading and disposal of any unapproved minutes.
<br /> 29
<br />
|