BY-LAWS OF THE

LIVERMORE MARKETING ASSOCIATION  

ARTICLE I 

Membership in this Association is open to any person affiliated with the Real Estate Industry. A voting member shall be anyone who attends meetings regularly.

ARTICLE II 

Section 1. Regular meetings of this Association shall be held every Thursday at such an hour and place as the Association, from time to time, shall designate.

Section 2. Special meetings may be called by a majority vote at any regular meeting, or by the President.

ARTICLE III 

Election of Officers:

Section 1. The elected officers of this Association shall be the President, Vice President and Treasurer. All other officers shall be on a voluntary basis and includes Public Relations Officer, Sergeant-at-Arms, Correspondence Officer, Tour Coordinator and Member Communications Officer. If more than one individual volunteers for a position or is nominated, election shall be the same procedure as for President, Vice President and Treasurer.

Section 2. President, Vice President, and Treasurer positions shall be nominated from the floor. All elections shall be held at regularly scheduled meetings by secret ballot, unless a secret ballot is dispensed with by two-thirds vote of members present.

Section 3. All officers shall be elected at the first meeting in February. New officers shall take office at the first meeting in March for a term of twelve (12) months and until their successors are elected. Any officer may be elected to a maximum of two (2) consecutive terms unless a two-thirds vote grants additional term or terms.

Section 4. Any vacancy in office shall be filled by a special ballot election held at the next meeting following announcement of the vacancy.

ARTICLE IV

Section 1. The President presides at meetings of the Association, appoints all committees and has general supervision of the operation of the Association. The President shall be an ex-officio member of all committees of the Association.

Section 2. The Vice President will support the President in all areas and will serve in the capacity of the President in the President's absence. The Vice President will be responsible for overseeing all committees that the President delegates to the Vice President.

Section 3. The Treasurer receives and disburses, with the approval of the Association, all Association funds, pays all debts as they become due and keeps an accurate account of all transactions. The Treasurer transfers the accounts and all undistributed funds to the successor. Checks require two (2) signatures. Officers authorized to sign checks are the President and Treasurer.

Section 4. The Public Relations Officer is responsible for speaker procurement, for securing food and room sponsors and to support the Sergeant-at-Arms.

Section 5. The Sergeant-at-Arms is responsible for the orderly behavior of the members and for purchasing and setting up refreshments on a weekly basis.

Section 6. The Correspondence Officer is responsible for printing letters, buying stamps, envelopes, greeting guests, counting money and presenting to the Treasurer.

Section 7. The Tour Coordinator is responsible to prepare a Bayeast Association of Realtors (BEAR) Tour report, to copy and to provide all participants at the Association meeting.

Section 8. The Member Communications Officer is responsible for maintaining the Association web site ( www.livermoremarketing.com ).

Section 9. The Immediate Past President shall be an active board member and act in an advisory position to the President and to the Executive Board.

ARTICLE V

Section 1. The general procedures of meetings of this Association shall be in harmony with the principles set forth in Roberts Rules of Order, insofar as they do not conflict with any provisions of the Association's Constitution and By-Laws.

ARTICLE VI

Section 1. The Association and its members shall be responsible for expenses incurred at its direction in connection with its operations, functions and activities. In the event of the dissolution of the Association, distribution of any funds after payment of all indebtedness shall be donated to charity.

Section 2. Subject to the provisions in Section 7420 of the California Non-Profit Corporation Law, no person, officer or entity who is now, or later becomes a member of the Association, shall be liable to any person or any indebtedness or liability, and any and all persons shall look only to the Association for payment. The Association's limit of liability shall be to the extent of its assets.

ARTICLE VII 

Section 1. These By-Laws may be amended at any regular meeting of the Association by two-thirds vote of the members present. Such amendment must be proposed in writing by an active member. One week after the proposal, the members shall vote.

 

Amended - 02/03