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By Law Articles:
Article I:
Article II:
Article III:
Article IV:
Article V:
Article VI:
Article VII:
Article VIII:
Article IX:
Article X:
Article XI:
Article XII:
Article XIII:
Article XIV:
Article XV:
Operating Procedures:
Flight Limitations
Eligibility
Reservations
Responsibility
Operational Costs
Violations
Changes and Amendments
Flight Instructors
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Article III: Board of Directors
- The authority to conduct business and make
decisions on behalf of the corporate members related to aircraft,
equipment and other assets of the Corporation shall be exercised,
conducted and controlled by a Board of Directors of five (5) members.
- Three Directors shall be elected annually and
shall be owner-members in good standing. These three elected
owner-members, the President of the Corporation and the past President
shall constitute the Board of Directors. The President shall serve as
Chairman of the Board. A candidate for Director must be an
owner-member for a minimum of two consecutive years in order to serve
as a Director.
- In case of a vacancy in the Board, The Directors
shall fill such vacancy by appointment from the Corporation
membership. If three or more vacancies occur at any one time, the
vacant positions shall be filled by vote of the owner-members at a
meeting duly called for that purpose.
- Regular meetings of the Board of Directors shall
be called at any time and place to be determined by the Chairman.
- Special meetings of the Board of Directors shall
be called at any time on the order of the Chairman or on the order of
a minimum of two Directors.
- Notice of special meetings of the Board of
Directors stating the time and in general terms, the purpose, shall be
mailed or personally given to each Director not later than the day
before the day established for the meeting. If all Directors shall be
present at any meeting, any business may be transacted without
previous notice.
- Three (3) Directors shall constitute a quorum of
the Board at all meetings and the affirmative vote of at least three
(3) Directors shall be necessary to pass any resolution or authorize
any act of the Corporation.
- Each member of the Board of Directors shall
serve without any compensation or reward, except as otherwise provided
in these bylaws.
- The Board of Directors shall cause to be kept a
complete record of all its directives, acts and proceedings of its
meetings and to present a full statement at the annual meetings of the
owner-members, showing in detail the condition of the affairs of the
Corporation.
- The Board of Directors shall have the
responsibility and authority to promulgate and enforce all Bylaws and
Operating Rules herein pertaining to the use and operation of the
Corporation aircraft, equipment and property and to do and perform or
cause to be done and performed, any and every directive or act which
the Corporation may lawfully execute. The expenditure of cash assets
by the Board of Directors shall not exceed $10,000. Any purchase over
$10,000 must have the approval by the club at a scheduled club
meeting.
- The Board of Directors shall have the
responsibility and authority to maintain and enforce the aircraft Hull
Protection Plan of the Corporation.
- A decision made by the Board of Directors may be
sent back for reconsideration by the board only by a two-thirds vote
of owner-members physically present at a regularly scheduled monthly
meeting or special meeting called for that purpose. This vote must be
made within a minimum of 2 months past the decision by the board.
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