Final Draft ALP Marketing Supply and Demand Study

Association.
3.3 Oft . The Association shall have the following officers:
3.3.1 Oak. The Chair shall have general and active control of the
Association's affairs and business as directed by the Management Committee:. The Chair shall
be responsible for setting and chairing Management Committee meetings, and maintaining
contact with Reclamation and with any entity or entities retained to undertake day - today CM&R
of the Ai.P.
3.3.2 S . The Secretary shall (i) prepare and maintain as permanent
records the minutes of the proceedings of the Management Committee, and a record of all actions
taken by the Management Committee, and a record of all waivers of notice of meetings of the
Management Committee: (ii) see that all notices are duly given in accordance with the provisions
of this Agreeme nt and as required by law; (iii) serve as custodian of the Association records; (iv)
keep at the Association's registered office or principal place of business. (a) a record containing
the names and addresses of all Members, successors, or assigns. (b) the originals or copies of this
Agreement, the Operations Principles, the Transfer Agreement, and any othor agreements of the
Association. (c) minutes of all Management Committee meetings, and all written
communications within the past three years to Members, (d) a list of the current representatives
and alternates on the Management Committee, (e) a copy of the Association's most regent
corporate report filed with the Colorado Secretary of State, and financial statements showing in
reasonable detail the Association's assets and liabilities and (f) results of operations for the last
three years; (v) authenticate records of the Association; and (vi) in general, perform all duties
incident to the office of secretary and such other duties as from time to time may be assigned to
the Secretary by the Management Committee. The Management Committee may designate a
person other than the Secretary to keep the minutes of its meetings. Any books, records, or
minutes of the Association may be in written form or in any form capable of being converted into
written form within a reasonable time.
3.3.3 TMM The Treasurer shall be the principal financial officer of the
Association, shall have the care and custody of all funds, securities, evidences of indebtedness
and other personal property of the Association, and shall deposit the same in accordance with the
instructions of the Management Committee. Subject to the limits imposed by the Management
Committee, the Treasurer shall receive and give receipts and acquittances for money paid in on
account of the Association, and shall pay out of the Associatiods funds on hand all bills, payrolls
and other just debts of the Association of whatever nature upon maturity. The Treasurer shall
perform all other duties incident to the office of the Treasurer and, upon request of the
Management Committee, shaA make such reports to it as may be required at any time. The
Treasurer shall, if required by the Managemmt Committee, give the Association a bond in such
sums and with such sureties as shall be satisfactory to the Management Committee, conditioned
upon the faithful performance of his duties and for the restoration to the Association of all books.
papers. vouchem money and other property of whatever kind in his possession or under the
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