Orange County NC Website
107 <br /> Section 6.06 Voting. Except as otherwise provided by law or these Bylaws,the act of a majority <br /> of the Directors present at a meeting at which a quorum is present shall be the act of the Board of Directors. <br /> Each Director shall have one (1) equal vote on all matters considered and/or voted upon by the Board of <br /> Directors. <br /> Section 6.07 Adjournments. Any meeting of the Board of Directors,whether or not a quorum is <br /> present,may be adjourned by a majority of the Directors present to reconvene at a specific time and place. It <br /> shall not be necessary to give notice of the reconvened meeting or of the business to be transacted,other than by <br /> announcement at the meeting which was adjourned. Any business may be transacted which could have been <br /> transacted at the meeting which was adjourned,if a quorum is present at the reconvened meeting. <br /> Section 6.08 Action by Board of Directors without a Meeting. Any action required or permitted <br /> to be taken at any meeting of the Board of Directors may be taken without a meeting if a written consent is <br /> signed by all Directors and is filed with the minutes of the Board of Directors. Facsimile signatures shall be <br /> permitted and shall have the same validity and effect as original signatures. The consent shall have the same <br /> force and effect as a unanimous vote of the Board of Directors. <br /> Section 6.09 Conduct of Meetings. The President shall preside over all meetings of the Board of <br /> Directors. The Secretary shall keep a minute book with all resolutions adopted by the Board of Directors, <br /> minutes of all meetings, all written consents to actions taken without a meeting,all memoranda of emergency <br /> actions taken without a meeting, and proceedings occurring at all such meetings. Robert's Rules of Order <br /> (latest edition)shall govern the conduct of the meetings. <br /> ARTICLE VH <br /> POWERS AND DUTIES OF THE BOARD OF DIRECTORS <br /> Section 7.01 Powers. The Board of Directors shall have power to: <br /> (a) levy,assess or charge Annual Assessments,Special Assessments and other Charges <br /> against or to the Lots in accordance with the provisions of the Declaration; <br /> (b) suspend the voting rights of any Member during any period in which such Member <br /> shall be delinquent in the payment an Annual Assessment,Special Assessment or other Charge levied,assessed <br /> or charged by the Association to or against any Lot owned by such Member; <br /> (c) suspend the privileges of any Member to use the Common Areas(exclusive of any <br /> Street)during any period in which such Member shall be(i)delinquent in the payment an Annual Assessment, <br /> Special Assessment or other Charge levied,assessed or charged by the Corporation to or against any Lot owned <br /> by such Member, or(ii) in material violation of any provision of the Declaration,the Guidelines or the Rules <br /> and Regulations. <br /> (d) file a lien on behalf of the Corporation against any Lot in the event the payment of <br /> any Annual Assessment,Special Assessment or other Charge levied,assessed or charged by the Corporation to <br /> or against such Lot shall become delinquent, and/or commence appropriate legal action to enforce such lien <br /> and/or effect collection of any such Annual Assessment,Special Assessment or other Charge; <br /> (e) declare the office of a Director to be vacant in the event such Director shall be <br /> absent from three(3)consecutive meetings of the Board of Directors; <br /> M elect and employ a President, who shall be the chief executive officer of the <br /> Corporation,and such other employees as they deem necessary,and to prescribe their duties; <br /> (g) elect such other Officers of the Corporation as it may deem necessary; <br /> 32 <br />