PROJ00165

• Contract/PO #: C153690
• Contractor Name: Kings Row Homeowners Association
• Contract Type: Loan
• Water District: 38
• County: Garfield
• Bill Number: SB 94-029
• Loan Projects - Doc Type: Feasibility Study

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ARTICLE VI

Officers

1. Designation. The principal officers of the
Association shall be a President, a Secretary and a Treasurer,
all of whom shall be elected by the Board. The Directors
may appoint an Assistant Secretary and an Assistant Treasurer,
and such other officers as in their judgment may be necessary.

2. Election of Officers. The officers of the Associa-
tion shall be elected annually by the Board at the regular
annual meeting, and shall hold office at the pleasure of the
Board.

3. Removal of Officers. Upon an affirmative vote of
a majority of the members of the Board present at a meeting,
any officer may, ,be removed, with or without cause, and his
successor elected at any regular meeting of the Board, or at
any special meeting of the Board called' for such purpos~,.

4. President. The President shall be the principal
executive officer of the corporation and, subject to the
control of the Board, shall direct, supervise, coordinate
and have general control over the affairs of the corporation,
and shall have the powers generally attributable to the
chief executive officer of a corporation. The President
shall preside at all meetings of the members of the Association.

5. Secretary. The Secretary shall be the custod~an
of the records and of the seal of the Association and shall
affix the seal to all documents requiring the same; shall
see that all notices are duly given in accordance with the
provisions of these By-Laws and as required by law, and that
the books, reports, and other documents and records of the
Association are properly kept and filed; shall keep minutes
of the proceedings of the members and of the Board; shall
keep at the registered office of the Association a record of
the names and addresses of the owners and co-owners entitled
to vote; and, in general, shall perform all duties incident
to the office of Secretary and such other duties as may,
from time to time, be assigned to him by the Board or by the
President. The Board may appoint one or more Assistant
Secretaries who may act in place of the Secretary in case of
his death, absence, inability or failure to act.

6. Treasurer. The Treasurer shall have charge and
custody of, and be responsible for, all funds and securities
of the Association, shall deposit all such funds in the name
of the Association in such depositories as' shall be designated
by the Board, shall keep correct and complete books and
records of account and recorxs of financial transactions and
the condition of the Association and shall submit such
reports thereof as the Board may, from time to time, require;

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