2011 Official Rule Book - New England Pinto Horse Association

the Corporation as authorized by the President or Executive Committee
and where such action is appropriate or required. Executive Committee
approval is required for the following contractual arrangements:
A. Outside services in excess of $100,000 and exceeding one (1)
year.
B. Contractual purchases of fixed assets in excess of $100,000.
C. All contracts for utilization of show and contest facilities for World
and Congress Show Events.
D. Contracts for purchase of real property in excess of $100,000.
E. All contracts for the commission of statuary, paintings, logos, and
art work (other than promotional literature, forms, etc.) designed
to represent the corporation, regardless of size.
F. All other contracts exceeding one (1) year in duration and/or
$100,000 in value.
aRTiClE iX. PowER To BoRRow MonEy
The Board of Directors shall have full authority to borrow money
whenever the exercise of such action is deemed to be in the best interest
of the corporation. The standards and requirements for each action shall
be determined by the Board. They shall have the power to mortgage or
hold any and all chattel property held or owned by the corporation and shall
not be held individually responsible for repayment of said indebtedness.
aRTiClE X. aMEnDMEnTs To THE Bylaws
These Bylaws may be amended by a majority vote of the Board of
Directors at any meeting of same with the stipulation that the amendments
must be ratified by majority vote of the Board at their next regularly
scheduled meeting. Further, the Membership of the Association shall
have the right to amend the Bylaws at any regular or special meeting so
long as an intent to present said amendment has been published at least
thirty (30) days prior to said meeting. Further, the Membership may repeal
any amendment adopted by the Board of Directors by a majority vote of
members present at any regular or special meeting of the Membership.
aRTiClE Xi. CoMMiTTEEs oF PtHa
Committees shall be appointed by the President, with approval from the
Board of Directors.
A. PtHA Standing Committees at present are:
1. Registration
2. Marketing and Publication
3. Shows & Contest
4. Rule Book / Bylaws
5. Youth
6. Amateur
7. Judges
8. International
9. Charter/Membership
10. Long Range Planning
11. PtHA Breed Council
B. Standing Committee Members
All PtHA Standing Committees shall consist of not less than three
(3) Association members in good standing. In making appointments
to the committees, the President shall appoint members for
a term of not less than one (1) year, and not more than three
(3) years. PtHA members interested in serving on a Committee
should submit a written request to the PtHA President annually.
The term of the committee members’ assignment shall be one
year, unless stated otherwise in the appointment. Appointments
to fill interim vacancies shall be made by the President, with the
advice and consent of the PtHA Executive Committee. The PtHA
President shall appoint the Chairperson and Co-Chairperson of
each committee annually. A list of all committee members shall be
posted on the PtHA web site as soon as possible after the annual
18 2011 PtHA Rule Book