ARTICLE IV: OFFICERS
4.1 Officers. The officers of the Corporation shall be a President, Vice President of Community Affairs, Vice President of County Affairs, Secretary and Treasurer which shall be elected to the Board of Directors to fill said offices as provided herein.
4.2 Election and Term of Office. Except as may otherwise be provided herein due to the removal of an officer by the Members of the Corporation or a vacancy, the Members shall elect the members of the Board of Directors at the annual meeting of the Corporation to fill the positions of Officers of the Corporation as follows: the President, Vice President of Community Affairs, Vice President of County Affairs, Treasurer and Secretary. The candidate receiving the most votes for each position shall be elected. Officers to be elected by the Members of the Corporation shall be elected at the Corporation's annual meeting from nominated candidates for a period of two (2) years; provided, however, at the first annual meeting following adoption of these Bylaws, the President, Vice President of Community Affairs and Treasurer shall each serve an initial one (1) year term and further, at the first annual meeting following adoption of these Bylaws, the Vice President of County Affairs and Secretary shall each serve an initial two (2) year term. After the initial terms of the President, Vice President of Community Affairs, Treasurer, the Vice President of County Affairs and Secretary respectively, each officer shall serve for a period of two (2) years. The intent of the foregoing is staggered terms for the officers so that in alternate years three (3) Officers shall be elected to the Board for two (2) year terms followed by two (2) Officers elected to the Board also for two (2) year terms. Each Officer shall continue in office until their respective successors shall have been elected and take office.
4.3 Removal of Officers and Vacancies. Removal of Officers and vacancies in any office shall be handled in the same manner as provided for removal of directors and vacancies on the Board as described in Sections 3.6 and 3.7, respectively.
4.4 Compensation. The officers shall receive no compensation.
4.5 President. The President shall be the chief executive officer of the Corporation and shall preside at all meetings of the Members and directors. The immediate supervision of the affairs of the Corporation shall be vested in the President. It shall be the President's duty to attend to the business of the Corporation and maintain strict supervision over all of its affairs and interests. The President shall keep the Board of Directors fully advised about the affairs and conditions of the Corporation, and shall manage and operate the business of the Corporation pursuant to and in accordance with such policies as may be prescribed from time to time by the Board of Directors.
4.6 Vice President of Community Affairs. The Vice President of Community Affairs, if any, shall act in the President's absence or disability and shall have all powers, duties, and responsibilities provided for the President when so acting, and shall perform such other duties as shall from time to time be imposed upon any Vice President by the Board or delegated to a Vice President by the President. The Vice-President for Community Affairs may also be known as the "First Vice President" and shall have such other duties and authorities as are delegated to him or her by the Board of Directors relating specifically to Community (internal) interests and activities.
4.7 Vice President of County Affairs. The Vice President of County Affairs, if any, shall act in the absence or disability of both the President and the Vice President of Community Affairs and shall have all powers, duties, and responsibilities provided for the President when so acting, and shall perform such other duties as shall from time to time be imposed upon any Vice President by the Board or delegated to a Vice President by the President. The Vice-President for County Affairs may also be known as the "Second Vice President" and shall have such other duties and authorities as are delegated to him or her by the Board of Directors specifically relating to County (external) interests and activities.
4.8 Secretary. The Secretary shall keep the minutes of all meetings of the Members and of the Board of Directors; notify the Members and directors of meetings as provided by these Bylaws and Georgia law; have custody of the seal of the Corporation; affix such seal to any instrument requiring the same; attest the signature or certify the incumbency or signature of any officer of the Corporation; and perform such other duties as the President, or the Board of Directors may prescribe. The Secretary shall perform the duties of the Treasurer of the Corporation in the absence or disability of the Treasurer.
4.9 Treasurer. The Treasurer shall keep, or cause to be kept, the financial books and records of the Corporation, and shall faithfully account for the Corporation's funds, financial assets, and other assets entrusted to the Treasurer's care and custody. The Treasurer shall make such reports as may be necessary to keep the President and the Board of Directors informed at all times as to the financial condition of the Corporation, and shall perform such other duties as the President, or the Board of Directors may prescribe. The Treasurer shall maintain the money and other assets of the Corporation in the name and to the credit of the Corporation in such depositories as may be designated by the Board of Directors. The Treasurer may provide for the investment of the money and other assets of the Corporation consistent with the needs of the Corporation to disburse such money and assets in the course of the Corporation's business. The Treasurer shall perform the duties of the Secretary of the Corporation in the absence or disability of the Secretary. The Treasurer shall give a report on the finances of the Corporation to the Members of the Corporation at the regularly scheduled monthly meetings of the Corporation. The Treasurer shall prepare an annual budget for the Corporation in conjunction with members of the Finance Committee. The Treasurer shall keep and maintain adequate and correct accounts of the Corporation's properties and business transactions, including accounts of its assets, liabilities, receipts, disbursements, gains, and losses. He or she shall prepare, and certify or cause to be prepared, and certified, the financial statements to be included in any required reports. The Treasurer shall exhibit and or render the books of account and financial records to the Members, Board of Directors of the Corporation, or to his or her agent or attorney, on request therefore.
4.10 Resignation. Any officer may resign at any time by giving written notice to the Board of Directors. Such resignation shall take effect on the date of the receipt of such notice or at any later time specified therein, and unless otherwise specified therein, the acceptance of such resignation shall not be necessary to make it effective. If any officer establishes permanent residency outside the confines of the Community, such action constitutes a resignation from office and said vacancy will be filled in accordance with the provisions of Section 3.6 hereof.
4.2 Election and Term of Office. Except as may otherwise be provided herein due to the removal of an officer by the Members of the Corporation or a vacancy, the Members shall elect the members of the Board of Directors at the annual meeting of the Corporation to fill the positions of Officers of the Corporation as follows: the President, Vice President of Community Affairs, Vice President of County Affairs, Treasurer and Secretary. The candidate receiving the most votes for each position shall be elected. Officers to be elected by the Members of the Corporation shall be elected at the Corporation's annual meeting from nominated candidates for a period of two (2) years; provided, however, at the first annual meeting following adoption of these Bylaws, the President, Vice President of Community Affairs and Treasurer shall each serve an initial one (1) year term and further, at the first annual meeting following adoption of these Bylaws, the Vice President of County Affairs and Secretary shall each serve an initial two (2) year term. After the initial terms of the President, Vice President of Community Affairs, Treasurer, the Vice President of County Affairs and Secretary respectively, each officer shall serve for a period of two (2) years. The intent of the foregoing is staggered terms for the officers so that in alternate years three (3) Officers shall be elected to the Board for two (2) year terms followed by two (2) Officers elected to the Board also for two (2) year terms. Each Officer shall continue in office until their respective successors shall have been elected and take office.
4.3 Removal of Officers and Vacancies. Removal of Officers and vacancies in any office shall be handled in the same manner as provided for removal of directors and vacancies on the Board as described in Sections 3.6 and 3.7, respectively.
4.4 Compensation. The officers shall receive no compensation.
4.5 President. The President shall be the chief executive officer of the Corporation and shall preside at all meetings of the Members and directors. The immediate supervision of the affairs of the Corporation shall be vested in the President. It shall be the President's duty to attend to the business of the Corporation and maintain strict supervision over all of its affairs and interests. The President shall keep the Board of Directors fully advised about the affairs and conditions of the Corporation, and shall manage and operate the business of the Corporation pursuant to and in accordance with such policies as may be prescribed from time to time by the Board of Directors.
4.6 Vice President of Community Affairs. The Vice President of Community Affairs, if any, shall act in the President's absence or disability and shall have all powers, duties, and responsibilities provided for the President when so acting, and shall perform such other duties as shall from time to time be imposed upon any Vice President by the Board or delegated to a Vice President by the President. The Vice-President for Community Affairs may also be known as the "First Vice President" and shall have such other duties and authorities as are delegated to him or her by the Board of Directors relating specifically to Community (internal) interests and activities.
4.7 Vice President of County Affairs. The Vice President of County Affairs, if any, shall act in the absence or disability of both the President and the Vice President of Community Affairs and shall have all powers, duties, and responsibilities provided for the President when so acting, and shall perform such other duties as shall from time to time be imposed upon any Vice President by the Board or delegated to a Vice President by the President. The Vice-President for County Affairs may also be known as the "Second Vice President" and shall have such other duties and authorities as are delegated to him or her by the Board of Directors specifically relating to County (external) interests and activities.
4.8 Secretary. The Secretary shall keep the minutes of all meetings of the Members and of the Board of Directors; notify the Members and directors of meetings as provided by these Bylaws and Georgia law; have custody of the seal of the Corporation; affix such seal to any instrument requiring the same; attest the signature or certify the incumbency or signature of any officer of the Corporation; and perform such other duties as the President, or the Board of Directors may prescribe. The Secretary shall perform the duties of the Treasurer of the Corporation in the absence or disability of the Treasurer.
4.9 Treasurer. The Treasurer shall keep, or cause to be kept, the financial books and records of the Corporation, and shall faithfully account for the Corporation's funds, financial assets, and other assets entrusted to the Treasurer's care and custody. The Treasurer shall make such reports as may be necessary to keep the President and the Board of Directors informed at all times as to the financial condition of the Corporation, and shall perform such other duties as the President, or the Board of Directors may prescribe. The Treasurer shall maintain the money and other assets of the Corporation in the name and to the credit of the Corporation in such depositories as may be designated by the Board of Directors. The Treasurer may provide for the investment of the money and other assets of the Corporation consistent with the needs of the Corporation to disburse such money and assets in the course of the Corporation's business. The Treasurer shall perform the duties of the Secretary of the Corporation in the absence or disability of the Secretary. The Treasurer shall give a report on the finances of the Corporation to the Members of the Corporation at the regularly scheduled monthly meetings of the Corporation. The Treasurer shall prepare an annual budget for the Corporation in conjunction with members of the Finance Committee. The Treasurer shall keep and maintain adequate and correct accounts of the Corporation's properties and business transactions, including accounts of its assets, liabilities, receipts, disbursements, gains, and losses. He or she shall prepare, and certify or cause to be prepared, and certified, the financial statements to be included in any required reports. The Treasurer shall exhibit and or render the books of account and financial records to the Members, Board of Directors of the Corporation, or to his or her agent or attorney, on request therefore.
4.10 Resignation. Any officer may resign at any time by giving written notice to the Board of Directors. Such resignation shall take effect on the date of the receipt of such notice or at any later time specified therein, and unless otherwise specified therein, the acceptance of such resignation shall not be necessary to make it effective. If any officer establishes permanent residency outside the confines of the Community, such action constitutes a resignation from office and said vacancy will be filled in accordance with the provisions of Section 3.6 hereof.