July 15, 2023
(A) By replacing the first sentence in paragraph 1, “There shall be a Board of up
to nine (9) regular Directors (including officers and up to six (6) Alternate
Directors.” with the sentence “There shall be a board of Directors consisting
of up to fifteen (15) members, including officers.”
(B) By deleting a portion (Highlighted and underlined) of paragraph 2:
“Regular Board members and alternates seated in their place, shall exercise
all rights and powers of the association, except those which are conferred by
law or these bylaws upon active members of the association, and perform all
dues usually incident to such a Board of Directors, including the power to fill
vacancies caused by death or resignation in said Board or in any of the officers
of the association.
(C) By deleting a portion (Highlighted and underlined) of paragraph 3:
The Board shall meet regularly at such times and places during the year as
they may determine. A quorum at such meetings shall be five (5) board
members comprised of either regular or alternates. A majority of Regular
Board members and alternates shall be necessary for the adoption of any
resolution, and records of all their meetings shall be kept by the Secretary.
The President shall serve no more than two (2) consecutive years.
(D) Secon 4 -Dues and Assessment by adding another category of dues entitled
Basic Member Donation -$50. Sentence 1 would then read. “The dues for
each active member shall be a minimum of $50 per year designated as a
basic member, A donation of $75.00 is designated as a Lake Supporter ———