"Good Standing"

"good standing"
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2026-02-27 15:28:56 -06:00
parent 404464f14c
commit 168ddeba15
2 changed files with 14 additions and 14 deletions

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@@ -32,10 +32,10 @@ Except as otherwise expressly herein provided or as otherwise provided by law, t
The League's Board of Directors shall be composed of at least three (3) Directors ("Director") or such other greater number of Directors established by the Board of Directors from time to time. An individual need not be a manager of a Member Franchise in order to be a Director.
### Election and Term of Office
Directors shall be elected at the annual meeting of the League by the affirmative vote of a majority of Member Franchises in good standing. Each Member Franchise in good standing shall have one (1) vote, cast by its Manager or designated representative. The term of office of each Director shall be until the next annual meeting. Directors shall hold office until the expiration of the term for which such Director is elected and until such Director's successor has been elected or until the Director's death, resignation, or removal. Directors may serve successive terms.
Directors shall be elected at the annual meeting of the League by the affirmative vote of a majority of Member Franchises in Good Standing. Each Member Franchise in Good Standing shall have one (1) vote, cast by its Manager or designated representative. The term of office of each Director shall be until the next annual meeting. Directors shall hold office until the expiration of the term for which such Director is elected and until such Director's successor has been elected or until the Director's death, resignation, or removal. Directors may serve successive terms.
### Resignation and Removal
Any Director may resign by written notice delivered to the Board of Directors or to the Commissioner or Secretary of the League. Any Director may be removed, with or without cause, by the affirmative vote of a majority of the Directors then in office. Any vacancy may be filled by the Board of Directors until the next annual meeting, at which time the seat shall be submitted for election by Member Franchises in good standing.
Any Director may resign by written notice delivered to the Board of Directors or to the Commissioner or Secretary of the League. Any Director may be removed, with or without cause, by the affirmative vote of a majority of the Directors then in office. Any vacancy may be filled by the Board of Directors until the next annual meeting, at which time the seat shall be submitted for election by Member Franchises in Good Standing.
### Compensation
The Directors shall serve without compensation.
@@ -60,7 +60,7 @@ The Commissioner shall
1. Shall perform such other duties as may be determined by the board of directors, and shall perform and discharge such other duties as generally devolve upon a chief executive officer.
### Treasurer
The Treasurer shall keep or, at the discretion of the Board cause to be kept, correct and complete records showing accurately at all times the financial condition of League; shall be legal custodian of all monies and other valuables which may from time to time come into the possession of the League; shall maintain a bank account in the name of League; shall prepare and file or, at the discretion of the board, cause to be prepared and filed, all required corporation tax forms and reports; shall furnish at meetings of the Board of Directors and Membership or whenever requested by the Board of Directors, a statement of the financial condition of the League; shall maintain or, at the discretion of the Board, cause to be maintained a roster of active Members in good standing; and shall perform such other duties as the Board of Directors may prescribe.
The Treasurer shall keep or, at the discretion of the Board cause to be kept, correct and complete records showing accurately at all times the financial condition of League; shall be legal custodian of all monies and other valuables which may from time to time come into the possession of the League; shall maintain a bank account in the name of League; shall prepare and file or, at the discretion of the board, cause to be prepared and filed, all required corporation tax forms and reports; shall furnish at meetings of the Board of Directors and Membership or whenever requested by the Board of Directors, a statement of the financial condition of the League; shall maintain or, at the discretion of the Board, cause to be maintained a roster of active Members in Good Standing; and shall perform such other duties as the Board of Directors may prescribe.
### Secretary
The Secretary shall have the custody and care of the corporate records of the League, shall attend all meetings of the Members and of the Board of Directors, shall keep a true and complete record of the proceedings of all such meetings, shall file and take charge of all documents belonging to the League, and shall perform such duties as may be prescribed by the Board of Directors.