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<br /> �� � Aa�aair�tion tho rulo� for a quorum, gor dotermining .;v,�r-.F=_��_
<br /> ,�_� �' �,. �� � whether an aation sh�►ll be taken, far eleation of the � � � � , r;:.;,r
<br /> membera of the Board oP Administrators and all other �-�� �
<br /> , 1 purpases shall be as is prcvided in theae By-Lawe, • . , - � -
<br /> ._`:, 1!� .��-�
<br /> �� aonetrued on the expanded number of aggregata votas. � . . ^ _
<br /> I
<br /> (a) When only one regimo ia af feated by a deaision o! the � . .. <.4�-�'.`
<br /> e�tpnnded Assoaiatian then the Hoarc3 of Direa�ors may but I -
<br /> � ' ahall not necessarily be required to, seek the approvsl I .
<br /> oP only the owners in that affected regim�. �
<br /> �� ARTICLE IV. OFFICERS :
<br /> �' Seat{on � Desianatio� The officers of the Asaociation �
<br /> �� ahall aonsist of a President, Vice Presideni, Secretary and
<br /> � Treasurer and suah additional o�ficers as the �idministrators shall ,
<br /> �� from time to time deem necessary. Any person may hold two or more � �` •
<br /> � . ofPiae�t, but no one person shall hold the offices of President and „
<br /> ' . Secretary simultaneoasly. Members of the Board of Administrators . ���'� _
<br /> � �� may also be officers. The President may be olected from the , ; �:,�r,{,�;_
<br /> � � membars of the Soard of Administratora. . ` � � ���,.
<br /> ' ' 9ect�on 2. Election. The officers of the AsBOaiation shall � ,
<br /> , ._.
<br /> � be eleated annually by a taajority vote of the Board of
<br /> i Administrator� gt the annual Board meeting, and ahall hold ofPiae ��*
<br /> at the pl6asure of the board. '. '�
<br /> i '
<br /> � � Sea �on 3 Removal._ Upon the affirmative vote of a majority y
<br /> ; of the Bor�rd in attendanoe at an annual or special meeting, any p
<br /> . � i officer may be r�smoved, with or withouz aaua��, and his suaaas�ar ._�
<br /> .•,._:�„ ,
<br /> ahall be eleated the�c��t. �" r
<br /> �_ �.�
<br /> � Sec ion 4 President. The President shall be the chief �
<br /> � executive off3cer. of thp ARa�ciAti�n. He sk�all preside at all
<br /> mestings of the Association and of the Boarc] of Administrators. He
<br /> shall have all of the general powers anc� duties which are incident +
<br /> to the office of President of a nonprofit aorpor�tion, including .
<br /> • � but not limited to, the power to appoint commi�tees from among the
<br /> � suite owners from time to time ae he may at h3s discretion decide
<br /> ;.:;;;•,•,, . is appsopriate to nssist in the conduct of the affairs of thQ
<br /> . ;, Association.
<br /> � ` • ,��±i�*+ 5 Vice President. The Vice President shall take the
<br /> �, . �:
<br /> place of the President and perform hfs or her duties whenever the
<br /> '•���'�� , President sha11 be absent or unable to act. If neither the
<br /> President nor the Vfce President is able to act, the Board of
<br /> Admin3.strators shall appoint some other memDoer of the Board of
<br /> Administrators to act in the place of the President, on an interim
<br /> , �, _ , basis. The Vice President sha31 also perform such other dut�es a�s
<br /> shall from time to time be imposed upon him or her by the Board of ,
<br /> '; ' Administrators or by the President.
<br /> ,
<br /> � � Sea ;a 6 Secretarv. The Secretary shall take the minutes
<br /> '. of all meetings of the Associati.on an�d of the Hoard of
<br /> � Administrators, and ahall keep same at the principal office of the
<br /> Association unless otherwise instrncted by the Board of
<br /> : � � Administrators, he or shc� shall ha�e charge of sv�h books and
<br /> � . ; papers as the Board o� Administrators may direct; and he or she
<br /> shall, in general, perform all the duties ir�ci•c�ent to the of�'nce of
<br /> j the secretary of a no�n�sa€i+t corporation org��ize� oander t@ne laws _
<br /> + of ttne State of Nebrasxa.
<br /> { �p�t;�� � Treasurer The Treas�aser s�Oail have the
<br /> ..,�, _ , _�_„ �_
<br />' ' i r8.aj�071.Sibiiity f01 A360CldtlOfl LililGlS dnu :�c+:aiai�iaa ai�u aaaaii uc
<br /> j responsible for keeping f ull and accur.ate financial records and
<br /> I books of account showinq all rece�pts and disbur�cements, and for
<br /> the qreparation of all required financial data. He or she shall be
<br /> ' ' responsible for the deposit of all monies and other valu�ble
<br /> � � effects in the name of th� Board of Administrators, and he or she
<br /> shall, in qeneral, perform all the duties incident to the officd of
<br /> � � -6-
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