Laserfiche WebLink
<br />. <br /> <br />. <br /> <br />BYLAWS <br /> <br />OF <br /> <br />THE EAGLE PARK RESERVOIR COMPANY <br /> <br />ARTICLE I <br /> <br />OFFICES <br /> <br />Section 1.1 Business Offices. The principal office of the corporation shall be located <br />in Avon, Colorado. The corporation may have such other offices, either within or outside <br />Colorado, as the board of directors may designate or as the affairs of the corporation may require <br />from time to time. <br /> <br />Section 1.2 Registered Office. The registered office of the corporation required by the <br />Colorado Nonprofit Corporation Act to be maintained in Colorado may be, but need not be, the <br />same as the principal office if in Colorado, and the address of the registered office may be <br />changed from time to time by the board of directors or by the officers of the corporation. <br /> <br />ARTICLE II <br /> <br />SHAREHOLDERS <br /> <br />Section 2.1 Assessments. The board of directors may establish such assessments as <br />are approved by the shareholders in accordance with the articles of incorporation and may <br />establish such rules and procedures for the manner and method of payment, the collection of <br />delinquent dues and assessments, and the proration or refund of dues and assessments in <br />appropriate cases as the board of directors shall deem necessary or appropriate. <br /> <br />Section 2.2 Suspension of Service and Forfeiture of Stock. (a) Ifa shareholder fails to <br />pay any assessment under Sections 8.1 (a) and (b) of the articles of incorporation within 60 days <br />after written request for payment is made to such shareholder, or fails to comply with any <br />obligations or requirements imposed by the corporation pursuant to its authority under its articles <br />of incorporation and bylaws on the use of water from Eagle Park Reservoir, water available to <br />such shareholder of Class A common stock may be suspended until all such assessments are fully <br />paid or such requirements or obligations are complied with, at which time such water supply <br />shall be recommenced. The corporation may also declare a forfeiture of such delinquent <br />shareholder's stock as provided in the articles of incorporation upon a failure to pay any such <br /> <br />fd098S <br />