Update:
The following Bylaw Amendment was approved by the membership at the November 2017 General Membership Meeting:
2017 Bylaw Amendment Proposal
-------
Bylaws of the Newark Community Cooperative, Inc.
The following Bylaw Amendment was approved by the membership at the November 2017 General Membership Meeting:
2017 Bylaw Amendment Proposal
by Nancy Willing, Bylaws Committee Chair
For Article V Section 5.4 (B) Powers of the Board of Stewards
"Move to strike the phrase "with cause and" (as bolded below) in order to conform to Delaware legal standing as an "at will" state."
Article V Section 5.4 (B) Powers of the Board of Stewards
B. The Board of Stewards shall have the power to employ, define duties, fix compensation and dismiss a General Managerwith cause andwithin the Policies of the Cooperative. The Board of Stewards may also authorize the employment of other agents or counsel as needed from time to time. The General Manager shall have the responsibility for the overall operation of the business of the Cooperative under the Board of Stewards in accordance with these Bylaws and Policies of the Cooperative.
Bylaws of the Newark Community Cooperative, Inc.
Article I – Organization
|
Section 1.1 Identity
Section 1.2 Purposes
Section 1.3 Principles
Section 1.4 Education
|
Article II – Requirements of Membership
|
Section 2.1 Eligibility
Section 2.2 Application and
Limitation on Membership
Section 2.3 Member in Good
Standing
Section 2.4 Dues
Section 2.5 Rights and Responsibilities of Membership
Section 2.6 Inactive
Memberships
Section 2.7 Expulsion of
Members
Section 2.8 Voluntary
Resignation
Section 2.9 Societies,
Organizations and Businesses
|
Article III – Distribution of Surplus
|
Section 3.1 Return to Members
Section 3.2 Dissolution
|
Article IV – Meetings of Members
|
Section 4.1 Rules of the
Meetings
Section 4.2 Annual General
Membership Meeting
Section 4.3 Register of the
Membership
Section 4.4 Quorum of the
Membership
Section 4.5 Eligibility to
Vote
Section 4.6 Proxy Voting
Section 4.7 Jointly Held
Memberships
Section 4.8 Election and
Removal of a Steward
Section 4.9 Expenditure
Authority
|
Article V – Board of Stewards
|
Section 5.1 Number, Election
and Qualifications
Section 5.2 Nominations
Section 5.3 Vacancies
Section 5.4 Powers of the
Board of Stewards
Section 5.5 Resignation and
Removal
Section 5.6 Indemnification
|
Article VI – Meetings of the Board of Stewards
|
Section 6.1 Rules of the
Meetings
Section 6.2 Regular Meetings
Section 6.3 Executive
Sessions
Section 6.4 Emergency
Meetings
Section 6.5 Special Board
Meetings
|
Article VII – Officers and Committees of the Board of Stewards
|
Section 7.1 Election of
Officers
Section 7.2 General Duties of
Officers
Section 7.3 President
Section 7.4 Vice President
Section 7.5 Secretary
Section 7.6 Treasurer
Section 7.7 Committees
|
Article VIII – Fiscal Control
|
Section 8.1 Fiscal Year
Section 8.2 Discount Policy
Section 8.3 Books And Records
Section 8.4 Annual Report
Section 8.5 Signatories
Section 8.6 Depositories
Section 8.7 Contractual
Authority
Section 8.8 Audit/Annual
Review
Section 8.9 Inventory
Section 8.10 Conflict of
Interest
|
Article IX – Amendment
|
Section 9.1 Bylaw Amendments
|
ARTICLE I – ORGANIZATION
Section
1.1 Identity
Newark
Community Cooperative, Inc., is a non- stock, membership corporation
incorporated under the laws of the State of Delaware, with its principal office
in the City of Newark, County of New Castle, State of Delaware. Its registered
office in the State of Delaware is located at Suite 105, 280 East Main Street [to
be amended to Suite 209, 230 East Main Street upon 2015 relocation of the
store] in the City of Newark, County of New Castle. The Cooperative shall be
its own registered agent at said address. The Cooperative may also have offices
at such other places both within and without the State of Delaware as the Board
of Stewards may from time to time determine or the business of the Cooperative
may require.
Section
1.2 Purposes
The
objectives of the Cooperative are to be a social service organization; to set
up and operate facilities for the benefit of consumer members; to provide goods
and services whose production and distribution are based on sound ecological
and cooperative principals; to associate with other cooperative societies for
mutual and cooperative development; to advance the cooperative movement; and to
service members within the scope of the Articles of Incorporation and to the
fullest extent permitted by statute.
Section
1.3 Principles
The
Cooperative shall be operated in accordance with the principles of open
membership and democratic control.
Section
1.4 Education
The
Board of Stewards shall see that a program of education, public relations,
organization, and promotion is carried on continuously by the Cooperative, and
shall make available funds for this purpose.
ARTICLE II –
REQUIREMENTS OF MEMBERSHIP
Section 2.1 Eligibility
Any person who
believes in the principles of International Consumers Cooperatives and whose
activities are not contrary thereto may become a member.
Section 2.2 Application and Limitation on Membership
Application for
membership shall be made in writing on a form provided for that purpose. The
person who signed the membership application shall be the owner of the
membership. Every new member shall be provided with a copy of the Bylaws. No
single individual may own more than one membership
Section 2.3 Member in Good Standing
A member or
membership in good standing has paid-in-full their membership fee or is current
in their membership payment and has no outstanding debt to the Cooperative.
Section
2.4 Dues
A lifetime membership
is $100.00. The application for membership shall be accompanied by a first
payment of at least $10.00 toward the physical plant fund. The balance of the
physical plant fund shall be payable at the rate of $10.00 after acceptance
into membership, until $50.00 has been paid into the physical plant fund. After
a member has paid $50.00 into the physical plant fund, the member shall invest
an additional $50.00 in membership subscription. The subscription fund payments
shall be payable at a rate of $10.00. This physical plant fund is to be used
for the procurement and improvement of the Co-op's physical facilities, and
associated expenses. The general operating account may borrow up to a total of
$20,000.00 (twenty thousand dollars) from the physical plant fund during periods
of financial difficulty. The general operating account must repay, without
interest, all money borrowed from the physical plant fund immediately following
a period of financial difficulty, according to a schedule agreed upon with the
Treasurer. The Board of Stewards shall certify by written resolution, by
unanimous consent if possible or simple majority vote, the beginning and end of
a "period of financial difficulty", and its reason(s) for declaring
such status. The Board of Stewards must approve all expenditures of physical
plant fund monies and all transfers of physical plant fund assets.
Section 2.5 Rights and Responsibilities of Membership
A. Each membership in good standing is
entitled to one vote for any item brought before the General Membership.
B. Transfer of Memberships - Upon
surrender to the Cooperative or the transfer agent of the Cooperative, a
membership accompanied by proper evidence of succession, assignment or
authority to transfer, it shall be the duty of the Cooperative to issue a new
membership to the person entitled thereto, cancel the old membership and record
the transaction upon its books.
C. It is the member’s responsibility to
provide the Cooperative a current name and mailing address.
D. All members in good standing shall be
eligible for all benefits established by the Board of Stewards.
Section
2.6 Inactive Memberships
When the whereabouts
of a member has been unknown for a period of two (2) years, upon notice to a
member’s last known address, that membership will be considered inactive and removed
from mailing lists including those for the purpose of General or Special
Membership Meeting notifications.
Section 2.7 Expulsion of Members
Any member found to
be engaged in “activity contrary to or endangers the effective operation of the
Cooperative” may be expelled by a two-thirds (2/3) vote of the Board of
Stewards after receiving written notice and after reasonable opportunity for a
hearing. An expelled member shall have the right to appeal to the next
membership meeting at which they shall be given an opportunity to be heard in
their own defense, whether in person or by counsel.
Section
2.8 Voluntary Resignation
Memberships may be
resigned at any time by submission of a written and signed resignation
Section 2.9 Societies, Organizations and Businesses
Any society,
organization or business not in opposition to the purposes of this Cooperative
may, as established by the Board of Stewards, be granted special terms of
membership.
ARTICLE III – DISTRIBUTION
OF SURPLUS
Section
3.1
Return to Members
Any
surplus from operations shall be returned to the members of the Cooperative
through higher discounts, or lower markups in the future, or reinvestment in
the business, after a reserve of one (1)
year operating expenses has been established.
Section 3.2 Dissolution
In
the event of dissolution of the Cooperative, any surplus over and above the Cooperative's debts and expenses shall be
distributed equally among those who are members in good standing at the time of
dissolution.
ARTICLE IV – MEETINGS
OF MEMBERS
Section
4.1 Rules
of the Meetings
All
meetings of the Board of Stewards shall
be conducted in accordance with the laws of the State of Delaware. The meetings
shall be conducted in accordance to Robert's Rules of Order (Revised).
Section
4.2
Annual General Membership Meeting
The
Annual General Membership Meeting shall be held in October or November. Notice
stating the time, place, and principal items of business of such meetings shall
be made available to the membership at least ten (10) days but no more
than sixty (60) days prior to the date of such meeting. Other General
Membership Meetings may be called by the Board of Stewards. Upon written
request of five (5) percent of the membership or thirty-five (35) members in
good standing, the Secretary of the Board of Stewards shall call a General
Membership Meeting.
Section
4.3 Register
of the Membership
The Board Secretary
or designee will make available the current Register
of the Membership and a complete list of the members entitled to vote at the
meeting at any General Membership Meeting arranged in alphabetical order, and
showing the address of each member or as requested by the Board of Stewards for
the purpose of notification to members.
Such lists shall be open to the examination of any member, during
ordinary business hours, for a period of at least ten (10) days prior to the
meeting, either at the place where the meeting is to be held, or at the regular
office of the Cooperative. The list shall also be produced and kept at the time
and place of the meeting during the whole time, and may be inspected by any
member who is present.
Section
4.4 Quorum of the Membership
A
quorum shall consist of five (5) percent of the membership or thirty-five (35)
members whichever is less, present in person at the meeting. All members in
good standing, present and in person by proxy, shall have voting rights.
Section
4.5
Eligibility to Vote
A
membership shall be entitled to vote when the membership has paid at least one
$10.00 payment toward their entire membership subscription. No member shall be
entitled to vote or to hold office in the Cooperative who is in arrears on
subscription or physical plant fund payments. Each membership shall be entitled
to only one vote.
Proxy
voting shall be permitted in accordance with Delaware law. The proxy agent
shall be the Secretary or the Secretary’s designee. The proxy shall be
certified and held by the Secretary or designee in a sealed envelope on a form
provided for that purpose to include a
specific ballot(s) for a specific General Membership Meeting only.
Section
4.7 Jointly
Held Memberships
Where
memberships are held jointly, the holders shall vote as one member.
Section
4.8 Election and Removal of a Steward
Members
shall have the right to select the Board of Stewards as set forth below.
Members shall have the right to remove any member of the Board of Stewards at a
General Membership Meeting called with proper notice.
Section
4.9 Expenditure
Authority
The
membership shall have the power to review actions of the Board of Stewards, and
shall have the final authority as to individual capital expenditures by the
Cooperative in excess of fifty thousand dollars
($50,000.00), or in the purchase of real estate.
ARTICLE V – BOARD OF
STEWARDS
Section
5.1
Number, Election and Qualifications
A. The Board of Stewards shall consist of
a minimum of five (5), up to a maximum of nine (9),
members. Members of the Cooperative shall be elected to the Board of Stewards
at the Annual General Membership Meeting for a term of three (3) years to take
office at the first Store Meeting following that Annual General Membership
Meeting.
B. The full nine (9) member Board of
Stewards' terms shall be staggered such that at
every Annual General Membership Meeting, three (3) Stewards shall be elected
for three (3) year terms. All elections of members of the Board of Stewards
shall be by secret written ballot. The nominees for election as Steward
receiving the highest number of votes shall be elected.
C. No more than one person from any given
membership may be elected.
D. All Officers and Stewards of the
Cooperative shall be members of the Cooperative in good standing.
E. The Board of Stewards will comprise the
voting members who have administrative powers for the Cooperative. Except, that
staff members who are members of the Board of Stewards, shall not vote on
specific pay, promotions, grievances, evaluations, disciplines, and dismissals
of themselves or their co-workers; however, this does not preclude their voting
on personnel policies such as pay scales, hiring, formal grievances,
discipline, dismissal and policies regarding benefits.
F. A one year waiting period is required
between:
- Board
resignation and new employment to the Cooperative.
- New
employment to the Cooperative and election to the Board.
- Unsuccessful
application for employment to the Cooperative and election to the Board.
- Termination
from Employment at the Cooperative and election to the Board.
Section
5.2 Nominations
Intention
of running for election to the Board of Stewards shall be made in writing on
the form provided for that purpose and filed with
the Board Secretary by the candidate at least twenty (20) days prior to a General Membership Meeting or
the appropriate Store Meeting if a Board of Stewards vacancy is being filled.
The statement of intention to run or nomination filed with the Secretary shall
be accompanied by a written statement of qualifications for the Board of
Stewards of no more than one page. The Secretary shall notify the members of
all nominations fifteen (15) days prior to the next possible properly noticed
voting meeting by posting the names of the candidates and the statements
submitted concerning their qualifications at the regular places of business of
the Cooperative. Nominations may be made from the floor.
Section
5.3
Vacancies
Mid-term
vacancies on the Board of Stewards shall be filled by majority votes of the
Board of Stewards as a temporary expedient only when necessary to ensure the
quorum needed to conduct business. Notice of a vacancy on the Board of Stewards
shall be posted in the store by the Secretary within two working days of
receiving confirmation of the resignation or occurrence of the vacancy. Such
notice shall also be prominently displayed in the monthly newsletter, or in a
special flier available at the registers. The membership shall elect its choice
of a replacement Steward at the first General Membership Meeting scheduled to
be held at least thirty (30) days, but not more than forty-five (45) days,
after the posting of the vacancy. If no such General Membership Meeting is
scheduled, the membership shall elect its choice of a replacement Steward at
the first Store Meeting occurring thirty (30) or more days after the posting of
the vacancy. All members in good standing may vote in person or by proxy at
this meeting. A replacement Steward is elected to the remainder of the vacating
Steward's term.
Section 5.4 Powers of the Board of Stewards
A. The Board of Stewards
shall govern the business and affairs of this Cooperative and shall exercise
all of the powers of this Cooperative, except
those powers that are conferred upon or reserved to the members, and shall
adopt such policies, rules, and regulations and shall take such actions as it
may be deemed advisable provided that the Board of Stewards does not act in a
manner inconsisent with Delaware law, the Articles of Incorporation, these
Bylaws or the Policies of the Cooperative.
B. The Board of Stewards shall have the
power to employ, define duties, fix compensation and dismiss a General Manager
with cause and within the Policies of the Cooperative. The Board of Stewards may also authorize the
employment of other agents or counsel as needed from time to time. The General Manager shall have the
responsibility for the overall operation of the business of the Cooperative
under the Board of Stewards in accordance with these Bylaws and Policies of the
Cooperative.
C. The Board of Stewards
shall have the power to decide whether or not the
Cooperative will support boycotts of products it normally sells, provided that
the subject is discussed at a previous Store Meeting and that balanced
information is posted in the store and the vote announced at least twenty (20)
days before the Store Meeting at which the vote is taken. All members in good
standing who attend the Store Meeting at which the vote is taken shall be
entitled to vote on the issue.
Section
5.5
Resignation and Removal
A
Steward may be removed for cause by a majority vote of those present at any meeting of the membership, provided
the Steward has been given at least twenty (20) days written notice stating the
specific charges and has had an opportunity to answer such charges at the
General Membership Meeting or Store Meeting at which the vote is taken.
Voluntary resignation from office shall take effect on receipt of notice by the
Secretary. Absence without leave from three (3) successive regular Store
Meetings is presumed to be a voluntary resignation.
The Cooperative shall indemnify and reimburse each present
and future Steward and Officer for any claim or liability (including expenses
and attorney fees, judgments, fines, and amounts paid in settlements, actually
and reasonably incurred in connection therewith) to which such person may
become subject by reason of being a Steward or by reason of his or her acts or
omissions as a Steward. Such indemnification shall be made only if determined
by the Board of Stewards that the Steward acted in good faith in the reasonable
belief that his or her action was in the best interest of the Cooperative. The
foregoing shall not be exclusive of any rights to which Stewards may be
lawfully entitled.
ARTICLE VI – MEETINGS
OF THE BOARD OF STEWARDS
Section
6.1
Rules of the Meetings
All
meetings of the Board of Stewards shall be conducted in accordance with the
laws of the State of Delaware. The meetings shall be conducted in accordance to
Robert's Rules of Order (Revised), except that a meeting may be run by
consensus and facilitated with a timed agenda if the Board of Stewards so
decides at the prior Store Meeting
Section 6.2 Regular Meetings
The
Board of Stewards shall meet at least monthly. Scheduled open meetings of the
Board of Stewards shall be known as Store Meetings. Quorum for conducting Board
of Stewards’ business shall be five (5) members. All formal meetings of the Board of Stewards
shall be open to the general membership.
Section
6.3
Executive Sessions
The
Board of Stewards may meet to conduct private executive sessions for the
purposes of acting in an emergency such as the absence of the General Manager,
for legal counsel or for the purposes of personnel interviews and other
personnel activities in accordance with these Bylaws and the Policies of the
Cooperative. A quorum of an executive session shall be a majority of those
members allowed to vote at that executive session. Elected staff members of the
Board of Stewards shall not participate in the voting on any individual personnel issue. Any
decision made in an executive session shall be reflected in the minutes of the
next formal meeting.
Section
6.4
Emergency Meetings
For
emergency issues that come up between regularly scheduled Board of Stewards
meetings, the Board of Stewards may conduct business as needed and vote on
issues via phone or email provided that an attempt shall be made to contact
every member of the Board of Stewards. A quorum of members of the Board of
Stewards shall be reached for explanation and discussion. Of those reached, the
vote shall be unanimous and the information shall be reflected in the minutes
of the next regularly scheduled Board of Stewards meeting. When possible,
twenty-four (24) hour notice shall be given to members of the Board of Stewards
prior to the meeting.
Section 6.5 Special
Board Meetings
A Special Board of Stewards meeting shall be held
whenever called by the President or by the majority
of the Board of Stewards, with a minimun notice of forty-eight (48) hours. Only the business specified in the written
notice shall be transacted at a Special Meeting. Each call for a Special Meeting shall be in
writing, shall be signed by the Steward or Stewards calling the meeting, shall
be addressed and delivered to the Secretary, and shall state the topic, time
and place of such meeting.
ARTICLE VII – OFFICERS
AND COMMITTEES OF THE BOARD OF STEWARDS
Section
7.1 Election
of Officers
The
Board of Stewards shall meet at the next scheduled Store Meeting after each
Annual General Membership meeting for the purpose of electing Officers. The
Board of Stewards shall elect from their number a President and Vice President
and shall also elect a Secretary and Treasurer, who need not be members of the
Board of Stewards, but shall be members in good standing. Staff members who are
elected to the Board of Stewards shall be ineligible to hold Office. Officer
terms are one year in length or until successors are elected.
Section 7.2 General Duties of Officers
A. Officers shall attend
all meetings of the Board of Stewards and all Meetings of the Membership
and shall perform such other duties and
have such other powers as the Board of Stewards may
from time to time prescribe.
B. Outgoing Officers shall return all
property of their office to the Board of Stewards to be transferred to incoming
Officers and shall be removed as Signatories from all accounts of the
Cooperative.
Section
7.3 President
The
President shall preside over all Meetings of the Members and Meetings of the
Board of Stewards and shall see that all Orders and Resolutions of these
meetings are carried into effect. The President, or designee, shall be the
official representative of the Cooperative to outside Associations or
Organizations of which the Cooperative is a member.
Section
7.4
Vice President
The
Vice President shall act in the absence of the President and when so acting,
shall have all the powers of and be subject to all the restrictions upon the
President.
Section
7.5 Secretary
The
Board Secretary shall keep a complete record of all Meetings of the Members and
Meetings of the Board of Stewards and record all
proceedings of the meetings in a book kept for that purpose. The Secretary
shall sign papers pertaining to the cooperative as authorized or directed by
the Board of Stewards. The Secretary
shall serve all notices required by Delaware law, these Bylaws and the Policies
of the Cooperative.The Secretary shall give, or cause to be given, notice of
all meetings of the membership and of the Board of Stewards.The Secretary shall
have custody of the corporate seal and shall have the authority to affix the
same to any instrument requiring it and to attest to the signature of the
President. The Secretary shall be the keeper of these Bylaws, and shall have
custody of the master copy; shall, whenever these Bylaws are amended, promptly
update the master and provide the staff with a clean copy for reproduction and distribution;
shall, upon request, provide any member with a single copy; shall maintain at
least one backup copy outside the Store, for safekeeping; and shall, when
leaving office, be personally responsible for passing the master copy to the
incoming Secretary.
Section
7.6
Treasurer
The
Treasurer, acting as an agent of the Board of Stewards, shall ensure the proper
keeping of the Cooperative's funds; the full and accurate accounts of receipts
and disbursements in books belonging to the Cooperative; and that all monies
and other valuable effects be deposited in the name and to the credit of the
Cooperative in such depositories as may be designated by the Board of Stewards.
Section 7.7 Committees
The
Board of Stewards shall designate such standing committees as deemed necessary;
all appointments of committee personnel are subject to confirmation by the
Board of Stewards.
ARTICLE VIII – FISCAL
CONTROL
Section
8.1 Fiscal Year
The
fiscal year shall end on June 30 or on such other date as shall be fixed by resolution
of the Board of Stewards.
Section 8.2 Discount
Policy
The Discount Policy
of the Cooperative shall be set by the Board of Stewards. Pricing differentials
for working members, non-working members, and non-members may be based upon a
discount, a rebate, or a surcharge.
Section
8.3 Books
And Records
The
books and records of the Cooperative shall be kept by such persons as the Board
of Stewards shall designate. Any
member may inspect the books for a purpose related to the member’s interest as
an owner of the Cooperative during normal business hours after providing the
Board Secretary and Co-op Bookkeeper at least ten (10) days written notice.
Such inspection shall consist of the Profit and Loss Statement and Balance
Sheet. A more detailed or more specific request must be submitted in writing to
the Board Secretary and may need more time to prepare. Funds of the Cooperative shall be received and handled only by such
persons as the Board of Stewards designates and shall be deposited in such
place or places as the Board of Stewards designates. The funds, books and
records of the Cooperative shall be kept according to generally accepted
accounting principles.
Section
8.4
Annual Report
An
annual report of the Cooperative's operations shall be mandatory at the Annual
General Membership Meeting. The annual report shall contain a statement of
assets and liabilities, a statement of income and expenses, detailed reports of
the physical plant fund, membership rolls and payments, and such other
statements as the Board of Stewards shall require. These reports should be
handed out or posted so they can be seen and read during the meeting. The
Treasurer or such other person or persons designated by the Board of Stewards,
shall coordinate and give the financial report. The latest financial report
prepared by a Certified Public Accountant shall also be available at the
meeting and at the principal office for inspection.
Section
8.5 Signatories
All checks or other
payments by the corporation shall be signed by such officer or officers or such
person or persons as the Board of Stewards may from time to time designate.
- Restricted
Accounts – President, Treasurer, and General Manager
- Operational
Accounts – Treasurer, General Manager, Asst. Manager and two other staff members
as designated by the General Manager.
When a member of the
Board of Steward’s term of office has ended or a General Manager or other
Manager has resigned or is terminated, their signatory right is automatically
null and void.
Section
8.6 Depositories
The
Board of Stewards shall have the power to select one or more banks or other financial institutions to act as depositories
of the funds of this Cooperative and to determine the person or persons who
shall have authority to sign checks and other instruments.
Section
8.7 Contractual
Authority
All promissory notes,
bonds, mortgages, leases, and contracts designated by the Board of Stewards,
together with other papers designated by the Board of Stewards, shall be
executed by the President and/or Treasurer, attested and sealed by the
Secretary pursuant to appropriate resolution by the Board of Stewards. If such
designated officers are unable to execute, the Board of Stewards may authorize
any officer or officers or any agent or agents to enter into any contract or
execute and deliver any instrument in the name of and on behalf of the
Cooperation and such authority may be general or confined to specific
instances.
Section
8.8
Audit/Annual Review
The
Board of Stewards shall contract with a Certified Public Accountant to review
the books of the Cooperative on an annual basis and to perform other services
as needed.
Section
8.9 Inventory
The
staff or designee shall take and supervise the taking of a merchandise
inventory at least once every twelve (12) months.
Section
8.10 Conflict of Interest
No
Steward shall participate to a material degree in the profits of any contract
made with the Cooperative, or compete in business with the Cooperative to a
material degree except with the detailed written approval of a majority of the
Board of Stewards. At no time shall there be more than three (3) elected
staff persons on the Board of Stewards. Managers who report directly to the
Board of Stewards shall not be permitted to serve on the Board of Stewards.
ARTICLE IX – AMENDMENT
Section
9.1 Bylaw Amendments
These
Bylaws may be amended by a two-thirds (2/3) vote of the members present or
voting at any General Membership Meeting of the Cooperative, provided a copy of
the proposed changes has been posted at the main office and filed with the
Board Secretary at least twenty (20) days prior to such meeting. Any amendment
proposed in the above manner may be amended on the floor of the meeting.
No comments:
Post a Comment