Society of Actuaries - 2003 Archived Yearbook

SECTION 1. Place and Time. The annual meeting of the Society of Actuaries and all other meetings
may be held either within the State of Illinois or elsewhere. The place and time of any meeting shall be
designated by the Board of Governors except that such designation for a meeting called upon the request
of not less than five percent of the Fellows shall be made by the President. The Board of Governors shall
give consideration, among other factors, to the distribution of membership by residence in determining
the locations of meetings.
SECTION 2. Notice. Notice shall be given to each member not less than twenty days before each
meeting, specifying the place, date, and hour of the meeting.
SECTION 3. Voting. Votes to be cast at any regular or special meeting shall be limited to Fellows who
are personally present when a vote is taken. Voting by proxy shall not be permitted.
SECTION 4. Quorum. One hundred Fellows shall constitute a quorum at any annual meeting, and fifty
Fellows at any other meeting of the Society of Actuaries.
SECTION 5. Meeting Agenda and Order of Business.
a) The Board of Governors shall authorize the procedure for determining the agenda and
order of business at all meetings except as provided in subsection (b).
b) At a meeting called at the request of not less than five percent of the Fellows, only
matters specifically set out in the notice of the meeting may be considered and acted upon,
and the President shall determine the order of business.
ARTICLE V
ELECTIONS
SECTION 1. Voting. Voting may be conducted in writing by mail, by facsimile or by any other means of
electronic communication, or in person at any regular or special meeting, as determined by the Board of
Governors. Each Fellow shall have only one vote and may not vote in place of another Fellow.
SECTION 2. Committee on Elections. There shall be a Committee on Elections which shall be
responsible for conducting elections. The Committee shall be composed of the two immediate Past-
Presidents plus at least seven additional Fellows. The membership of the Committee shall be reasonably
representative of the geographical distribution and occupational interests of the membership.
SECTION 3. Balloting. The Committee on Elections shall, if the election is to be conducted entirely by
mail, or it may, if the election is to be conducted other than entirely by mail, cause a first ballot to be
prepared for the election of President-Elect, Vice-President, and Elected Board Members. The ballot will