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The Board of Trustees may select and appoint investment agencies or advisors to act for and in behalf of the Association. Upon recommendation of the agent or agency so selected, the Board of Trustees may invest such of its funds as it deems appropriate, not in derogation or contrary to any law of the State of Minnesota governing the investment of Association monies. The Board of Trustees may delegate its absolute authority regarding the investment of funds to the Treasurer of the Association. Section 61 Amendment of the Bylaws The members of this Association by a two-thirds vote of the members present and voting at a noticed meeting of the members, shall have full power to adopt, amend, and enact all necessary Bylaws for the governing of the Association and the management of its affairs, provided, however, that said Bylaws must be at all times in conformity with the applicable laws of the State. Any amendment of these Bylaws which would affect the amount, manner, or conditions for qualification for service pensions or other retirement benefits or disbursements other than administrative expenses authorized pursuant to Section 59, and payable from the Special Fund, shall be effective only after it has been ratified by the governing body of the City of Roseville. Section 62 Order of Business The following order of business shall apply unless waived at Annual and Regular Meetings of the membership and the Board of Trustees: 1. Call to order; 2. Roll call; 3. Reading minutes of previous meeting; 4. Report of Treasurer; 5. Reports of Committees; 6. Unfinished business; 7. Election of Board members, if applicable 8. Election of Officers, if applicable 9: Miscellaneous and new business Section 63 Reports and Resolutions All reports and resolutions shall be submitted to an Officer in writing and no report from a committee shall be received unless it is approved by a majority of the members of such committee, provided however, that a minority report may always be presented with the consent of the Board. Section 64 Miscellaneous and Definitions The following terms as used in the Bylaws shall have the meaning ascribed to them: 1. "Active Member" means the dues paying participation of a member in the Association and the performance of that member of such duties or participation as required to effectively contribute to the Association's stated purpose. 2. "Active Service" shall mean the performance by a member of service required by the Association of its members in firefighting and ancillary duties, or the availability of a member therefor. 3. "Maturity" means that a member or former member has completed all qualifications and requirements for the receipt of a benefit. 4. "Minor" means under the age of eighteen (18) years. 5. "Permanently Disabled" means that a member is certified by a treating physician acceptable to the Board of Trustees, as being unable to perform any and every duty pertaining to that member's 16