NRHA Handbook

22financial needs relative to the investment of the Association’scash assets and to present an investment policy forapproval to the Board of Directors. The Investment Committeeshall consult with professional investment counselin this endeavor. Following approval of the investment policyby the Board of Directors, the investment Committeeshall proceed with the investment decisions made, monitorclosely the performance of the investments and makenecessary adjustments to achieve the overall investmentgoals of the Association. The Investment Committee shallkeep minutes of their meetings and provide quarterly reportsof their activities to the Board of Directors. Summariesof current Investment Committee activity shall be publishedon the “Members Only” section of the NRHA website.ii. Additional duties of the Investment Committee maybe enumerated by Board Resolution to be filed with theActive Resolutions in the Corporate Record Book.e) Bylaw Committee.The President, at the beginning of his/herterm of office shall appoint a Bylaw Committee, comprised ofno less than three (3) and no more than six (6) members. Theseappointments shall be approved by the Board of Directors. BylawCommittee duties and responsibilities shall be:i. To review bylaws and make recommendations to theExecutive Committee for maintenance as necessary.ii. To receive and review all bylaw amendment proposalsthat may be submitted by any member, committee or board.iii. To work with the author of any bylaw amendment proposalsubmitted to determine the desired intent of theproposed amendment and further refine the wording ifnecessary to achieve the desired result.iv. To work with the author of any bylaw amendment proposalsubmitted to assure the language is in proper formas it relates to the governance, operations and functionsof the Association.v. To assure any bylaw amendment proposal being submittedcomplies with the Articles of Incorporation,Oklahoma State Statutes, Federal law, and does not conflictwith Roberts Rules of Order Newly Revised or any SpecialRules of Order of this Association.vi. To recognize duplicate or similar bylaw amendmentproposals submitted and work with their authors to consolidate,modify or otherwise reduce the number of proposalsaddressing the same or similar issue.vii. To collect form the authors or proponents of the proposedbylaw amendment, a statement in support of theamendment that presents the benefit(s) of this amendmentto the Association and, with the approval if its authors,edit this statement so that it is suitable for publicationand presentation to the voting membership.