Annual Meting

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The annual meeting shall held on March 15th of each year unless changed by the Board of Directors, but in no event later than ninety (90) days after the close of the Association's fiscal year (December 31st).  Subject to the foregoing, the annual meeting shall be held at a date and time as set by the Board of Directors.

Special Meetings.  The President may call special meetings.  In addition, it shall be the duty of the President to call a special meeting of the Association if so directed by resolution of a majority of a quorum of the Board of Directors or upon a petition signed by Voting Members representing at least fifty (50%) percent of the total votes of the Association. The notice of any special meeting shall state the date, time and place of such meeting and the purpose thereof.  No business shall be transacted at a special meeting except as stated in the notice.

         Notice of Meetings.  Written or printed notice stating the place, day and hour of any meeting of the Members shall be delivered either personally or by mail, to each Voting Member entitled to vote at such meeting, not less than ten (10) nor more than fifty (50) days before the date of such meeting, by or at the direction of the President or the Secretary.

             In the case of a special meeting or when required by statute or these By-Laws, the purpose or purposes for which the meeting is called shall be stated in the notice.  No business shall be transacted at a special meeting except as stated in the notice.

            If mailed, the notice of a meeting shall be deemed to be delivered when deposited in the United States mail addressed to the Voting Member at his address as it appears on the records of the Association, with postage thereon prepaid.

        Waiver of Notice.  Waiver of notice of a meeting of the Voting Members shall be deemed the equivalent of proper notice.  Any Voting Member may, in writing, waive notice of any meeting of the Voting Members, either before or after such meeting.  Attendance at a meeting by a Voting Member or alternate shall be deemed waiver by such Voting Member of notice of the time, date and place thereof, unless such Voting Member specifically objects to lack of proper notice at the time the meeting is called to order.  Attendance at a special meeting shall also be deemed waiver of notice of all business transacted thereat unless objection to the calling or convening of the meeting, of which proper notice was not given, is raised before the business is put to a vote.

        Adjournment of Meetings.  If any meetings of the Association cannot be held because a quorum is not present, a majority of the Voting Members who are present at such meeting, either in person or by alternate, may adjourn the meeting to a time not more than thirty (30) days from the time the original meeting was called.  At the reconvened meeting, if a quorum is present, any business which might have been transacted at the meeting originally called may be transacted.