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(g) Collect Dues as provided by the Declaration and Act; <br />(h) Employ a manager, an independent contractor, or such other employees as <br />it deems necessary, and prescribe and supervise their duties; <br />(i) Institute, defend or intervene in litigation or administrative proceedings or <br />seek injunctive relief for violations of the Declaration, Bylaws or Rules, and, in the Club's <br />name, on behalf of the Club or two or more Owners, on matters affecting the Kenosha <br />Trout Club Community; <br />(j) Make contracts, open bank accounts and incur liabilities in the name of the <br />Club; <br />(k) Acquire, hold, encumber, sell, transfer and convey, in *!:e Club's name and <br />in the ordinary course of business, any right, title or interest to personal property without <br />a vote of the Voting Members, and to real property with the approval of at least sixty- <br />seven psrcent (67%) of the total votes in the Club (1 vote per Lot); <br />(1) Borrow funds and secure such loans with an interest in future Dues with <br />the approv?I of at least sixty-seven percent (67%) of total votes in the Club (1 vote per <br />Lot); <br />(m) Impose a reasonable charge for the preparation and recording of amend- <br />ments to the Declaration liens, or statements of unpaid Dues; <br />(n) Provide for the indemnification of the Club's Officers and Directors and <br />maintain Directors' and Officers' liability insurance; <br />(o) Declare the office of a Member of the Boaxd of Directors to be vacant in <br />the event such Member shall be absent from three (3) consecutive, u^�::c::sed re;ular <br />meetings of the Board of Directors; <br />(p) Supervise all officers, agents and employees of the Club, and see that their <br />duties are properly performed; <br />(q) Procure and mair.tain adequate liability and hazard insurance on property <br />owned by the Club; <br />(r) Cause all officers or employees having fiscal responsibilities to be insured, <br />as it may deem appropriate; and <br />(s) Exercise for the Club all powers, duties, rights and obligations in or <br />delegated to the Club and not reserved to the membership by other provisions of these <br />Bylaws, the Articles of Incorporation, the Declaration or the Act. <br />Section 7.2 No Waiver. The omission or failure of the Club or Owner to enforce the <br />covenants, conditions, easements, uses, limitations, obligations, or other provisions of the <br />Declaration, the Bylaws, or the rules and regulations shall not constitute or be deemed a waiver; <br />modification, or release thereof, and the Board or the Managing Agent shall have the right to <br />enforce the same at any time. <br />.- <br />1 O W:\CLIENNCenosha Trout Club�Bylaws. Am & Res - Final.wpd <br />lanuary 26, 2000 <br />