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240409559 <br />200109184 <br />200210181 <br />(a) Any common expense associated with the maintenance,.. <br />repair or replacement of a limited common element.must'be <br />assessed against the units to which that limited common. <br />element is assigned; <br />(b) Any commorA.expense, or portion thereof, benefiting fewer <br />than all of the units must be assessed against the units <br />benefited; and { <br />(c) Any common expense caused by the misconduct of any unit <br />owner or: such unit owner's invitee may assessed by the <br />Associattion exclusively against that owner's unit. - <br />If common expense liabilities are reallocated, common expense <br />assessments and any, installment thereof not yet due shall be recalculated <br />in accordance with the reallocated common expense liabilities. <br />Section 1.• Designation. <br />The officers' of the Association shall consist of a President, Vice <br />President, Secretary and Treasurer and such additional officers as the <br />Directors shall from time to time deem necessary;• Any person may hold two <br />or more offices, but no one person shall hold. the offices of President and <br />Secretary simultaneously. Members of the Executive Board. may also be <br />officers. The President may be elected from the members of the Executive. <br />Board.. <br />Section 2. Election. <br />The officers of the Association shall be elected annually by a <br />majority vote of the Executive Board at the annual Board meeting, and shall <br />hold office at the pleasure of the board. <br />Section 3. Removal. <br />Upon the affirmative vote of a majority of the Board in attendance <br />at an annual or special. meeting, any .officer may be removed, with or <br />without cause, and his successor shall be elected thereat. <br />Section 4. President. <br />The President shall be the chief executive officer 'of the <br />Association. He shall preside at all meetings. of the Association and of <br />the Executive Board. He. shall have all of the general powers and duties <br />which are incident to the office of President of a non - profit~ corporation, <br />including but not limited to, the power. to appoint committees from among . <br />the unit owners from time to time as he may at his discretion decide is <br />appropriate to assist in the conduct of thie affairs of the-Association. <br />Section 5. Vice President. <br />The Vice President.shall take the place of the'President and perform <br />his or her duties whenever the President shall. be absent or unable to act. <br />If neither the President nor the Vice President; is able to act, the <br />Executive Board shall appoint some other member of the Executive Board to <br />act in place of the. President, on an interim basis. The Vice President . <br />shall also perform such other duties as. shall from time to time be imposed <br />upon him or her by the Executive. Board or by the President. <br />Section 6. Secretary. <br />The Secretary shall' take the minutes of all meetings of the <br />Association and of the Executive Board, and shall.' keep same at. the <br />principal office of the Association unless otherwise instructed by the <br />Executive Board; he or she shall .:have. charge of such books and papers -as <br />the Executive Board may direct; and he or she shall; in general, perform <br />all the duties incident to the office of secretary ...of a. non- profit <br />corporation organized under the laws of the State of Nebraska. <br />6 <br />