Section 1. (Designation of Officers and Tenure of Office)
(A) The officers of this Association shall be President, Vice President, Secretary and Treasurer, who shall be elected by
the Board of Directors. All elected officers may serve as many years as the officer is willing to serve, and is elected by
the Board of Directors. The Board of Directors may also from time to time, name other or assistant officers who shall hold
office at the will fo the Board of Directors.
(B) The President, Vice President, Secretary, and Treasurer shall at all times be directors. No two of the above offices
may be held by the same persons.
(C) The Board of Directors may appoint or remove any officer or employee at pleasure, and any vacancy caused by removal,
resignation, death, or cessation of membership in the Association fro ay cause whatever, may be filled by the Board of Directors
as it may deem advantageous.
Section 2. (President's Duties)
The President shall preside over all meetings of the members and directors, shall sign all instruments of writing to be executed
by the Association, as he may be directed by the Board of Directors he shall perform such other duties as may be conferred
upon him by Board of Directors, but this authority shall be subject to the control and direction of the Board of Directors
at all times.
Section 3. (Vice-President's Duties)
The duties of the Vice President shall be to do and perform all the
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duties of the President in the absence or inability of the President.
Section 4. (Secretary's Duties)
The duties of the Secretary shall be to keep a permanent nd complete record of all proceedings of each meeting of the Board
of Directors and the Association members, and to keep the officers of the Association informed of all such proceeding whenever
called upon; to call special meetings of the Board of Directors and of the Association members whenever requested as hereinafter
required by Article VI and VII of the By-Laws; to keep a list of all members of the Association and their addresses; and to
do and perform all other duties that usually and properly pertain to the Office of Secretary.
In case of failure, absence, inability or refusal of the Secretary to perform his duties, the President may appoint someone
to act in his stead until the next meeting of the Board of Directors, and in such event the Secretary shall turn over to his
successor in office all papers, records, the corporate seal, and other property belonging to the Association.
The Secretary shall keep any names and addresses confidential as the property of the Association. Such information shall
not be available to anyone except for purporses of carring on business of the Association.
Section 5. (Treasure's Duties)
The Treasure shall have custody of all moneys and securities of the Association and shall keep regular books of account.
He shall be furnished bond as provided in Article III, Sec. 6,
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Par. (C), such bond to be not less than $20,000. He shall disburse the funds of the Association as authorized by the Board
of Directors in payment of just demands against the Association, taking proper vouchers for such disbursements, and shall
render to the Board of Directors of the Association from time to time as may be required of him, on account of all of his
transactions as Treasurer and of the financial condition of the Association. He shall publish, or cause to be published,
semi-annually a statement showing the disposition of funds on a per Association member basis, and fully explain the surplus
on hand. Such statements to be mailed to the members on record. He shall turn over, after examination by a competent financial
advisor, to his successor in office all moneys, records, papers, and other properties belonging to the Association; and to
do and perform all duties incident to his office or which are properly required of him by the Board of Directors.
Section 6 (Succession in Office)
All officers may succeed themselves in office at the discretion of the Board of Directors.
Section 7. (Compensation)
No officer shall recieve any compensation for his services.