Condominium Resale Certificate - Williams & Williams
Condominium Resale Certificate - Williams & Williams
Condominium Resale Certificate - Williams & Williams
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07:A16 MIG/jlf 2/4/84<br />
of the Executive Board. A person may hold one or more of such<br />
offfces at one time, except that the President shall not at the<br />
same time hold another office in the Association.<br />
5.2 Election of Officers: Each officer of the Association<br />
shall be elected at the organization meeting of the Executive<br />
Board as provided in Article IV hereof, except that the first<br />
Board of Directors shall elect its officers as soon as practicable<br />
after filing of the Declaration.<br />
5.3 Term: Each officer shall serve until the next meeting<br />
at which Directors are elected after the organization meeting at<br />
which he is elected, and until his successor has been duly<br />
elected and has qualified, except that the officers elected by<br />
the first Executive Board shall serve until their respective<br />
successors have been elected and qualified.<br />
5.4 Removal: Any officer may be removed, with or without<br />
cause, and without notice, by a majority vote of the Directors at<br />
any meeting of the Executive Board.<br />
5.5 Vacancy: Any vacancy in any office shall be filled<br />
by the Executive Board, and an officer elected to fill a vacancy<br />
shall serve for the unexpired term of his predecessor in office,<br />
and until his successor has been duly elected and has qualified.<br />
5.6 Powers and Duties of Officers:<br />
(a) President. The President shall be the chief<br />
executive officer of the Association. He shall have all of<br />
the powers and duties that are usually vested in the office<br />
of the President of a corporationi including, but not<br />
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