ARTICLE VII - Miscellaneous Provisions

Answer

Section 1.    Fiscal Year.  The fiscal year of the Club shall be the twelve (12) months ending December 31.

Section 2.    Seal. The Club may have a seal as determined by the Board.

Section 3.    Execution of Instruments. All deeds, leases, transfers, contracts, bonds, notes and other obligations authorized to be executed by an officer of the Club on its behalf shall be signed by the President, except as the Board may generally or in particular cases otherwise determine by a two-thirds majority vote.

Section 4.    Club Records.

4a)  The original, or attested copies, of the Articles of Organization of the Club, of the Bylaws and records of all meetings of the Board and the members, and the records which shall contain the names and contact information of all members shall be kept at the principal office of the Club, or by the Club’s Vice President of Operations, or at such location as the Board may direct. 

4b)  The Treasurer is responsible for recording and providing a quarterly financial report to the Board for approval within six (6) weeks of the end of the Quarter.  The Treasurer shall also be responsible for preparation and submission of federal and state tax returns and presenting to the Board for approval prior to submitting.


Section 5.    Articles of Organization. All references in these Bylaws to the Articles of Organization shall be deemed to refer to the Articles of Organization of the Club in effect and as amended from time to time.