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I" .,. Section 11. Fidelity Bonds 83- lJu2537 '!'he !'!Card of !'.dministrators shall obtain adequate fidelity bonds for 'all offlc~rs and employees of the Association handling or responsible f,or Association funds. The premiums on such bonds shall constitute a common expense. Section :1.2. Conpensation. No member of the Board of Administrators shall receive any compensation from the Association fOr acting as such, except that members shall receive reimbursement for expenses actually incurred by them as Administrators. Section 13. Liability of Administrators. The member of the Board of Administrators shall not be liable to the suite or qarage owners for any mistake of judgement, negligence, or otherwise, except for their own individual willful misconduct or bad faith. It is intended that the ~rs of the Board of Administrators shall have no personal liability with respect to any contract made by them on behalf of the Association. Every agreement IIIllde by the Board of Administrators or by the managing agent or by thf!c IlIlInager on behalf of the Association shall provide that the members of the Board of Administra- tors or the managing aqnet. or the manager, as the case may be, are acting only aa agents for the Association and shall have no personal liability thereunder. Section U. Expansion of Jurisdiction. In its discretion the Board of Administrators shall have the authority to expand the jurisdiction of this Association to include any condominium property regime in Continental Gardens and addition to the City of Grand Island. Upon such expansion the followinq shall apply: (a) The Association's costs of repairs and maintenance and all other expenses sha 11 be allocated to the particular Condollliniua Property Regime rpquirinq or benefiting from the same. If more than one benefits, tben the expense shall be pro-rated between the benefiting Condominium Regimes in proportion to the benefits of each as reasonably determined by the Board of Administrators. The expenses allocated to a particular property regime shall be paid 8S allocated accor~inq to the Master Deed for that Regime. (bl The number of votes for the expanded Association shall be the aqqr@<!ate number of votes in each separllte reqillle lI\llI(ing up the Association and at meetings of the expa~d Asoociation the rule. far a quorum, for determining whether an action shall be taken, tor election of the members of the Boaed of Administrators and all other purposes shall be as is provided in these By-Lawe. construed on the expanded number of a99regate votes. (e) When only one r&gime is aftf!Cted by a decision of the expanded Association then the Board 0 f Directors IllaY, but shall not necessarily be required to, seek the approval of only the ownerS in the effected reqi_. ARTICLE IV. OFFICERS. ~tJ.on 1. Desi~nation ~ The officers of the Association shall consist of a President, Vice President. SaQr.~atY and Treasurer and such additional officers ae the Administrators shall traM t,1lIe to ti... de_ necessary. Any person may hold two Or moce offices, but no one PltlOn eha.ll hold the officers of President and Secretary sURultaneously. Members ot the. !!oariS of 1dainhtrator.8 _y also be officers. The President _y be elected ftQtl tbe ~n of the Boud of AdIIIinbtuton. J -....