8 months ago


Section 3.7. Failure to

Section 3.7. Failure to Pay Dues. If any Member shall be in default in the payment of dues or other charges for a period of thirty (30) days from the date on which they became payable, the Member may be deemed to have resigned its membership, the Member's voting privileges will be revoked, and its membership may be terminated by the Board of Directors. Section 3.8. Resignation. Any Member may resign by filing a written resignation with the Secretary, but such resignation shall not relieve the Member so resigning of the obligation to pay any dues, assessments or other charges theretofore accrued and unpaid. Section 3.9. Reinstatement. Upon written request signed by a former Member and filed with the Secretary, the Board of Directors may, by the affirmative vote of two-thirds of the Board, reinstate such former Member to membership on such terms as the Board of Directors may deem appropriate. Section 3.10. Transferability. Membership in the Association and any of the rights and privileges appurtenant thereto, is neither transferable nor assignable. Section 3.11. Necessity of Membership. All rights and privileges of membership in the Association shall cease upon termination of membership. Section 3.12. Membership Change. Changes in Classes of Membership can only occur annually by Membership vote and Board of Directors approval. Section 3.13. Dues. The dues of the Association will be established annually by the Board of Directors when it is determined what expenses need to be funded. There will be an annual accounting by the Board of Directors to the membership of how monies raised were spent. 42

ARTICLE IV MEETINGS OF MEMBERS Section 4.1. Annual Meetings. There shall be an annual meeting of the Members for the purpose of electing Directors and for the transaction of such other business as may come before the meeting consistent with the Notice of Meeting requirements of applicable Georgia law. The annual meeting shall be held at such time and place as the Board of Directors may determine. Section 4.2. Special Meetings. Special meetings of the Association may be called by the President, by two-thirds (2/3) vote of the Board of Directors or upon the written request of not less than one-fifth (1/5) of the Members. Section 4.3. Monthly Meetings. There shall be monthly membership meetings of the Association as established by the Board of Directors. Section 4.4. Place of Meetings. The Board of Directors may designate any place within or outside of the State of Georgia as the place of meeting for any monthly or special meeting called by the Board of Directors. Section 4.5. Notice of Meetings. A written, electronic or printed notice stating the place, day and hour of any meeting of Members shall be delivered to each Member entitled to vote at such meeting, not less than ten (10) days nor more than sixty (60) days before the date of such meeting, by or at the direction of the President, or the Secretary, or the Directors or other persons calling the meeting. In the case of a Special Meeting called by written request of one-fifth (1/5) of the Members, such meeting shall be held within thirty (30) days after delivery to the Secretary such written demand. Additionally, in case of a special meeting or when required by applicable law or by these By-Laws, the purpose or purposes for which the meeting is called shall be stated in the notice. Any such notice required to be given hereunder, shall be effective if delivered either personally, by first class mail or by electronic mail, or a combination of such methods. If mailed, the notice of a meeting shall be deemed to be delivered when deposited in the United States mail and addressed to the Member at his, her or its address as it appears on the records of the Association, with postage prepaid. If given by electronic mail, the notice of 43