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Last modified
7/17/2007 1:55:56 PM
Creation date
5/17/2005 1:05:04 PM
Metadata
Fields
Template:
Planning Files
Planning Files - Planning File #
3385
Planning Files - Type
Miscellaneous
Project Name
Local Development Corp
Applicant
City of Roseville
Status
Approved
Date Final City Council Action
4/15/2003
Additional Information
Approval of Local Development Corp and election of officers
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<br />'- <br /> <br />other officers as may be appointed by the Board. Any two or more <br />offices, except those of president and vice president, may be held <br />by the same person. <br /> <br />Section 4.2. Election, Term of Office, and Qualifications. <br />The officers shall be elected annually by the Board of Directors, <br />and, except in the case of officers appointed in accordance with <br />the provisions of Section 4.10 hereof, each shall hold office until <br />the next annual election of off icers and until a successor is <br />elected and qualifies, subject to the officer's earlier disquali- <br />fication, resignation, or removal. The officers need not be direc- <br />tors of the corporation. <br />~ <br /> <br />Section 4.3. Resignations. Any officer may resign at any <br />time by giving written notice of this resignation to the Board of <br />Directors, the president, or the secretary of the corporation. Any <br />such resignation shall take effec~ at the time specified therein, <br />or, if no time is specified therein, upon receipt thereof by the <br />Board of Directors, president, or secretary of the corporation; <br />unless otherwise specified therein, the acceptance of such resigna- <br />tion shall not be necessary to make it effective. <br /> <br />Section 4.4. Removal. Any officer may be removed, either <br />wi th or without cause, by a vote of the Board of Directors at a <br />meeting called for that purpos~, which purpose shall be statea-Tn <br />the notIce or waIver of notice of such meeting unless all t1fe <br />airectors of the corporatIon shall be present thereat. <br /> <br />'" <br /> <br />Section 4.5. Vacancies. A vacancy in any office because of <br />death, disqualification, resignation, removal, or any other cause <br />shall be filled for the unexpired portion of the term in the manner <br />prescribed in these Bylaws for election or appointment to such <br />office. <br /> <br />Section 4.6. pres ident shall be the chief <br />executive officer all have eneral and <br />ac lve management irs of the cor oration. <br />If a 'c aIrman or vice chairman are not elected by the Board, the <br />president, when present, shall preside at all meetings of the Board <br />of Directors and of the executive committee, if one be constituted. <br />The president shall see that all orders and resolutions of the <br />Board of Directors are carr ied into effect. The president may <br />execute and deliver in the name of the corporation (except in cases <br />in which such execution and delivery shall be expressly delegated <br />by the Board or these Bylaws to some other officer or agent of the <br />corporation or shall be required by law to be otherwise executed <br />and delivered) any deeds, mortgages, bonds, contracts, or other <br />instruments pertaining to the business of the corporation. The <br />president shall perform such other duties as may from time to time <br />be prescribed by the Board of Directors, and, in general, shall <br />perform all duties usually incident to the office of president. <br /> <br />'- <br /> <br />5 <br />
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