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<br />~'"r~f`.F.v^q'.ria :fv i`~i"~~1~';,~~::: s _. ,:.:..:'"'T ~'" '~.* v,{~.~. >•• 1a •~,'~.' ~a. ~~.'~ ~ ': X~ ~1'nX' ~>. .... r: .`~5"' ... .>. <br />reasonable times be open to inspection upon application at <br />the office of the Corporation during business hours; and <br />shall in general perform all duties incident to the office of <br />secretary subject to the control of the Board of Directors. <br />Section 6. Compensation. Officers as such shall not <br />receive any salary or compensation for their services, except <br />that they shall be reimbursed for their actual expenses in- <br />curred in the performance of their duties hereunder. <br />ARTICLE IV <br />PROVISIONS REGARDING ARTICLES OF INCORPORATION <br />AND BYLAWS <br />Section 1. Effective Date. These Bylaws shall become <br />effective only upon the occurrence of the following events: <br />(1) the approval of these Bylaws by the Governing Body; <br />and <br />(2) the adoption of these Bylaws by the Board of Direc- <br />tors. <br />Section 2. Amendments to Articles of Incorporation <br />and Bylaws. The Articles of Incorporation may at any time <br />and from time to time be amended, provided that the Board of <br />Directors files with the Governing Body a written application <br />requesting that the Governing Body approve such amendment to <br />the Articles of Incorporation, specifying in such application <br />the amendment or amendments proposed to be made. If the <br />Governing Body by appropriate resolution finds and determines <br />- that it is advisable that the proposed amendment be made, <br />authorizes the same to be made and approves the form of the <br />proposed amendment, the Board of Directors shall proceed to <br />amend the Articles as provided in the Act. <br />The Articles of Incorporation may also be amended at any <br />time by the Governing Body at its sole discretion by adopting <br />an amendment to the Articles of Incorporation of the Corpora- <br />tion by resolution of the Governing Body and delivering the <br />Articles of Amendment to the Secretary of State as provided <br />in the Act. <br />These Bylaws may be amended by majority vote of the <br />Board of Directors. <br />-6- <br />