03-27-1990 PTRC Meeting Minutes - Laserfiche WebLink

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ARTICLE 6. • AMENDMENTS 6.1) Amendment by Directors - The Board of Directors, by two-thirds vote of the directors who are present and entitled to vote on the proposed amendment, may amend these Bylaws or the Articles of Incorporation at any meeting of the Board. Notice of the meeting and the proposed amendments shall be given to all members of the Board. If 25 members of the Corporation request in writing a membership vote on an amendment adopted by the Board of Directors, the Board of Directors will submit the amendment to the Corporation's membership for ratification at a special meeting or the next annual meeting of the members of the Corporation. A majority vote of the members present, in person or by proxy, at the meeting will be required to ratify the amendment. Until voted upon by the membership, the amendment adopted by the Board shall remain in full force and effect. 6.2) Amendment by Members - If 25 or more members of the Corporation present a proposed amendment in writing to the Board at least two weeks prior to the annual meeting, the Board -will submit the amendment to a vote of the members at the next annual meeting of the members of the Corporation. If two-thirds of the members present, in person or by proxy, at such meeting vote in favor of the adoption of such amendment, such amendment will be adopted by the Corporation. The- undersigned, Milbert C. Korfhage, Executive Secretary, and , the President of the White Bear Community Foundation, hereby cert±fy that the forego Bylaws were adopted as the complete Bylaws of the Corporation on the Executive Secretary ATTEST: President r. a