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PROJ02232
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PROJ02232
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Last modified
9/27/2011 11:08:12 AM
Creation date
4/17/2008 10:17:26 AM
Metadata
Fields
Template:
Loan Projects
Contract/PO #
C150258
Contractor Name
Lower Arkansas Water Management Association
Contract Type
Loan
Water District
67
County
Bent
Prowers
Loan Projects - Doc Type
Feasibility Study
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D.. Suspenszon and Terminatior� of Membership. <br />Memberships niay ,be suspended or term�r_ated as provided in the <br />bylaws o�� �he corporation. The bylaws shall provide for a <br />procedure for te�mination that includes notice and an opportunity <br />to be heard. The bylaws may also provide for reinstatement upon <br />tern�s to be determined by the Board of Directors. <br />E. Vo�ing. The corporation shall have vating members. <br />The votir.g rzghts of the.znembers may diffex depending an their <br />membersha.p class and shall be defined in the bylaws of the <br />corporation. Vo�ing by proxy shall be permitted as provided .irf the <br />bylaws of the corporat.ion. Cumul.ative voting shall bs�prahibi.ted. <br />F. Mee�ings. . . � <br />(l; Annual and other meetings oP the �embers shall <br />be he].d at such time and. place and upon such <br />notice as shall be prescribed by the bylaws of <br />the. corpor�tion, which are not incansistent <br />with the Colorado Nonprofit Corporatian Act, <br />. as araended. <br />(2} The bylaws of the carporation may fxX or <br />provide the manner of fil�ng a date a s the <br />record date far determining the members <br />en�itlEd to notice of a members' meeti�g, the <br />members entitled to vote ' at a mernbers' <br />mee�ing, and the Members entitled to exerEise <br />any righ�s in respect of any other" 1 awful <br />action. If . the bylaws do not fix or p�ovide <br />�he manner of fixing the record date for any <br />of said actions, the Board of Directors may <br />fix a future date as such record da�e. If <br />r_e'ither the bylaws nor the Board of Directars <br />fixes the record date �or any of said actians <br />the record date shall, be as pravided i n the <br />Calorado Nonprofit Act, as amended.� If a <br />record date is fixed under bylaws ar by �he <br />Baard o� Directors on a case by- case basis, <br />said recorci date shall not be more than <br />seventy (70} days before the meeting or action <br />r�quiring a dete�nination ot members.occu rs. <br />. <br />4 <br />
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