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� <br />� <br />� <br />le�rlr and �coZlect assessments against its members to <br />inee� the costs o� management of the corporation and <br />o£ administration bf its assets, pay debts of the <br />carporation, make any necessary repairs and for any <br />ofher purpose consistent with �ny purpose object <br />or statutory power ot the corporation; <br />(9} e�forca co3lection of delinquent water assessment <br />payments �n �he manner provicied � in the <br />corporation's bylaws; � <br />(10? enipl.oy . personn�l, agents,. attorneys, engineers, <br />representatives and independent contractors as may <br />ba necessary or convenier.t ta the carrying out of <br />any purpose, object . or statutory power of the <br />corpnration; . <br />{?a) take any other such actions as the Board of <br />Directors may cnnsider proper or necessary to carry <br />the and purposes of the corporation into <br />effect; and <br />(12 ). exercise any and a1.1 • powers permitted by law with <br />respect �o n.onprofit corporations pursuant to the <br />Colorado Nonprafit Coxporation Ac� and Tit 1e 7, <br />Article a2, Colorado Revised Statutes, as amended. <br />ARTTCLE V <br />Membership <br />A. Admission A31 members as of the effective date <br />of these Amended A.xticl.es of Incorporation may continue to be <br />members of the corporation.. New meinbers may be �adinitted upor� <br />approval af tne Board of Directors in with criteri a and <br />pracedures defz.ned by the Board of Directors. Each member sha].1 be <br />enta.tled to one memb�rship iar each well ow�ed by that member for <br />whic� dues �.re paa.d azzd whzch is inc�uded in the LAWMA augmentation <br />p7 an. � . <br />B. Classes of Membership. �Uriless otherwise prov�.ded in <br />the corparatior's byl.aws, fihere sha11 be one cl.ass of inember. <br />Additional classes m�y be defiried in the fu.ture by bylaw. The <br />rights an.d ob�igations of each class of inembers shall be defined by <br />the bylaws and may differ betw�en �neinbership classes. <br />C. Transfer oL Membership. Memberships may be <br />transferred subject to the ap.proval of the Board at Directo rs in <br />accordance with �he by�.aws of the corporatian and with any rules <br />which may be adapted from time to tizne by the Baard of Dir.ecta rs . <br />3 <br />