Bylaws

Section 1

Executive Officers.

The officers of the Association shall be a president, vice-president, secretary, and a treasurer elected from the Board of Directors.

Section 2

Election and Term of Officers.

The election of officers shall take place at the first meeting of the Board following the annual election of Directors.

Each officer shall be elected annually by the Board and shall hold office for one (1) year.

Section 3

Resignation and Removal of Officers.

Any officer may resign upon giving written notice to the Board, the President or Secretary. The resignation is effective when accepted by the Board. Any officer may be removed from office by a vote of 2/3 of the Board at any time with or without cause.

Section 4

Filling Vacancies.

A vacancy in an office shall be filled by election by the Board. The officer elected to such vacancy shall serve for the remainder of the term of that office.

Section 5

President.

The President shall be the Chief Executive Officer of the Association and shall, subject to the control of the Board, have general supervision, direction, and control of the business and the officers of the Association. The President shall preside at all meetings of the Board and at all meetings of the Members and shall have such powers and duties as may be prescribed by these Bylaws, the Declaration, or the Board.

Section 6

Vice-President.

The Vice-President shall act in the place of the President in the President's absence, or inability to act.

Section 7

Secretary.

The Secretary shall be responsible for the keeping of all records of votes and all minutes of Board and Member meetings at the principal office of the Association. Such minutes shall include the time and place of each meeting, the notice given, the names of Directors present at Board meetings, the number of Members present at a Members' meeting, and the actions taken at each meeting.

The Secretary shall be responsible for giving the notices to Members as required in these Bylaws.

The Secretary shall be responsible for maintaining a current membership register at the Association office which shows the names and addresses of all Owner-Members and Resident-Members.

Section 8

Treasurer.

The Treasurer shall be responsible for reporting the financial affairs of the Association and for presenting the annual budget.