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