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PROJ00499
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Last modified
5/8/2015 2:46:25 PM
Creation date
10/5/2006 11:58:24 PM
Metadata
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Template:
Loan Projects
Contract/PO #
C153768
Contractor Name
Lower Arkansas Water Management Association
Contract Type
Loan
Water District
67
County
Bent
Prowers
Bill Number
SB 96-124
Loan Projects - Doc Type
Feasibility Study
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<br />, <br /> <br />. <br /> <br />. <br /> <br />it <br /> <br />" <br /> <br />Section 5. Transfer of Membership: Any membership in <br />this corporation may be transferred with approval of the Board of <br />Directors in accordance with these bylaws and any rules as may be <br />determined from time to time by the Board of Directors. <br /> <br />Section 6. Suspension and Termination of Membership: Any <br />membership in this corporation may be suspended or terminated for <br />non-payment of dues or non-compliance with the conditions of <br />membership or the association I s plan for augmentation. Dues not <br />paid by March I of each year will result in suspension of that <br />membership. All rights attendant to membership shall be suspended. <br />Renewal of a suspended membership shall require the payment of a <br />20% penalty in addition to payment of dues. The procedure for <br />termination shall include, at a minimum: <br /> <br />I. Not less than thirty (30) days prior written notice <br />to the member of the termination and the reasons <br />therefor; <br /> <br />2. An opportunity for the member to be heard, orally <br />or in writing, not less than ten (10) days before <br />the,effective date of the termination; and <br /> <br />3. The non-payment of dues for one year shall result <br />in termination of membership. If the dues for the <br />delinquent year are paid together with a 20% <br />penalty and the dues for the next year, that <br />membership shall be reinstated. If a membership is <br />not reinstated prior to March I of the year <br />following the original non-payment, that membership <br />shall be terminated and any application for a <br />membership for that well shall be treated as a new <br />application for membership. <br /> <br />ARTICLE III <br />Members' Meetings and Voting <br /> <br />Section I. Annual and Regular Meetings: A meeting of the <br />members shall be held annually at a place and time to be stated in <br />or fixed in accordance with a resolution of the Board of Directors. <br />In addition, regular meetings of the members may be held at a <br />place and time to be stated in or fixed in accordance with a <br />resolution of the Board of Directors, <br /> <br />Section 2. Special <br />members may be called at <br />majority of the directors. <br />Vice President, shall call <br />petition of one-third of the <br /> <br />Meetings: Special meetings of the <br />any time by the President, or by a <br />The President, or in his absence, the <br />a special meeting upon the written <br />members of the corporation. <br /> <br />4 <br />
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