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ARTICLE VI - MEETING OF DIRECTORS SECTION 1. Regular Meetings. Regular meetings of the Board of Directors shall be held monthly without notice, at such place and hour as may be fixed from time to time by resolution of the board. Should said meeting fall upon a legal holiday, then that meeting shall be held at the same time on the next day which is not a legal holiday. SECTION 2. Special Meetings. Special meetings of the board of Directors shall be held when called by the President of the association, or by any two directors, after not less than three (3) days notice to each director. SECTION 3. Quorum. A majority of the number of directors shall constitute a quorum for the transaction of business. Every act or decision done or made by a majority of directors present at a duly held meeting at which a quorum is present shall be regarded as an act of the board. |
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