C150150 Feasibility Study - Laserfiche WebLink

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I I I I I I I I I I I I I I I I I I I . D.. Suspension and Termination of Membership. Memberships may ,be suspended or terminated as provided in the bylaws of the corporation. The bylaws shall provide for a procedure for termination that includes notice and an opportunity ,to be heard. The bylaws may also provide for reinstatement upon terms to be determined by the Board of Directors. E. Voting.. The corporation shall have voting members. The voting rights of the, members may differ depending on their membership class and shall be defined in the bylaws of the corporation. Voting by proxy shall be permitted as provided in the bylaws of the corporation. Cumulative voting shall be. prohibited. F. Meetings. (1) Annual and other meetings of the members shall be held at such time and place and upon such notice as shall be prescribed by the bylaws of the corporation, which are not inconsistent with the Colorado Nonprofit Corporation Act; as amended. (2) The bylaws of the corporation may fix or provide the manner of filing a date as the record date for determining the members entitled to notice of a members' meeting, the members entitled to vote' at a members' meeting, and the members entitled to exercise any rights . in respect of any other lawful action. If the bylaws do not fix or provide the manner of fixing the record date for any of said actions, the Board of Directors may fix a future date as such record date _ If neither the bylaws nor the Board of Directors fixes the record date for any of said actions, the record date shall be as provided in the Colorado Nonprofit Act, as amended.' If a record date is fixed under bylaws or by the Board of Directors on a case by case basis, said record date shall not be more than seventy (70) days before the meeting or action requiring a determination of members occurs. . 4