Vintage at University Place

About Vintage

Meetings

Events

HOA Info
   Directory
   Budget
   ACC Corner
   CC&R

News

Fun for Kids

Links

Message Boards

Contact Us

Home

 

 

Bylaws of Vintage at University Place Homeowners Assoc.
 

ARTICLE 4. OFFICERS

Section 4.1. Number. The officers of the association shall be a President, one or more Vice Presidents, a Secretary and a Treasurer, each of whom shall be elected by the Board. Such other officers and assistant officers as may be deemed necessary may be elected or appointed by the board. Any two or more offices may be held by the same person, except the offices of President and Secretary; and if all the issued and outstanding membership shares of the association is owned of record by one person, such person may hold all or any combination of offices.

Section 4.2. Election and term of office. The officers of the association shall be elected annually by the Board at the Board meeting held after the annual meeting of the members. If the election of officers is not held at such meeting, such election shall be held as soon thereafter as a Board meeting conveniently may be held. Each officer shall hold office until the next annual meeting and until his successor shall have been elected and qualified unless he resigns or is removed.

Section 4.3. Removal. Any officer or agent elected or appointed by the Board may be removed by the Board whenever in its judgment the best interests of the association would be served thereby, but such removal shall be without prejudice to the contract rights, if any, of the person so removed.

Section 4.4. Vacancies. A vacancy in any office because of death, resignation, removal, disqualification or otherwise, may be filled by the Board for the unexpired portion of the term.

Section 4.5. President. The President shall be the principal executive officer of the association and, subject to the Board's control, shall supervise and control all of the business and affairs of the association. When present, he shall preside over all members' meetings and over all Board meetings. With the Secretary or other officer of the association authorized by the Board, he may sign certificates for shares of the association, deeds, mortgages, bonds, contracts, or other instruments that the Board has authorized to be executed, except when the signing and execution thereof has been expressly delegated by the Board or by these Bylaws to some other officer or agent of the association or is required by law to be otherwise signed or executed by some other officer or in some other manner. In general, he shall perform all duties incident to the office of President and such other duties as may be prescribed by the board from time to time.

Section 4.6. Vice President. In the absence of the President or in the event of his death, inability, or refusal to act, the Vice President (or in the event of more than one Vice President, the Vice President who was first elected to such office) shall perform the duties of the President, and when so acting, shall have all the powers of and be subject to all the restrictions upon the President. Vice Presidents shall perform such other duties as from time to time may be assigned to them by the President or by the Board.

Section 4.7. Secretary. The Secretary shall: (a) keep the minutes of members' and Board meetings in one or more books provided for that purpose; (b) see that all notices are duly given in accordance with the provisions of these Bylaws or as required by law; (c) be custodian of the corporate records of the association; (d) keep a register of the post office address of each member as furnished to the Secretary by each member; (e) sign with the President, or a Vice President, certificates for shares of the association, the issuance of which has been authorized by resolution of the Board; (f) have general charge of the membership books of the association; and (g) in general, perform all duties incident to the office of Secretary and such other duties as from time to time may be assigned to him by the President or by the Board.

Section 4.8. Treasurer. If required by the Board, the Treasurer shall give a bond for the faithful discharge of his duties in such sum and with such surety or sureties as the board shall determine. He shall have charge and custody of and be responsible for all funds and securities of the association; receive and give receipts for moneys due and payable to the association from any source whatsoever, and deposit all such moneys in the name of the association in such banks, trust companies or other depositories as shall be selected in accordance with the provision of these Bylaws, and in general, perform all of the duties incident to the office of Treasurer and such other duties as from time to time may be assigned to him by the President or by the Board.

Section 4.9. Salaries.  The salaries of the officers shall be fixed from time to time by the Board, and no officer shall be prevented from receiving such salary by reason of the fact that he is also a Director of the association.

 

Home | About Vintage | Meetings | Events | Newsletter | HOA Info
News | Fun for Kids | Links | Message Boards | Site Map | Contact Us

©2001-2002 Vintage at University Place Homeowners Association, University Place, WA
Website by WebTalkGuys.com Website Services