ANTARES HOMEOWNERS ASSOCIATION
BYLAWS
PAGE 4
ARTICLE III (cont.)
Mortgagee who has filed a written request for notice with the Secretary. The notice may set forth time limits for speakers and nominating procedures for the meeting. The notice must specify those matters the Board intends to present for action by the Members, but, except as otherwise provided by law, any proper matter may be presented at the meeting for action. The notice of any meeting at which Directors are to be elected must include the names of all nominees at the time the notice is given to the Members. The mailing of a notice, postage prepaid, in the manner provided in this Section, shall be considered notice served, forty-eight (48) hours after said notice has been deposited in a regular depository of the United States mail. Such notice must be posted in a conspicuous place on the Common Property and is deemed served upon a Member upon posting if no address for such Member has been then furnished the Secretary.
Notwithstanding any other provision of these Bylaws, approval by the Members of any of the following proposals, other than by unanimous approval of those Members entitled to vote, is not valid unless the general nature of the proposal was stated in the notice or in any written waiver of the notice: (a) removing a Director without cause; (b) filling vacancies on the Board; (c) approving a contract or transaction between the Association and one or more Directors, or between the Association and any entity in which a Director has a material financial interest; ( d) amendment of the Articles; or (e) electing to wind up and dissolve the Association.
3.6. Record Dates.
The Board may fix a date in the future as a record date for the determination of the Members
entitled to notice of any meeting of Members. The record date so fixed must be not less than ten
(10) nor more than sixty (60) days prior to the date of the meeting. If the Board does not fix a
record date for notice to Members, the record date for notice is the close of business on the
business day preceding the day on which notice is given. In addition, the Board may fix a date. in
the future as a record date for the determination of the Members entitled to vote at any meeting
of Members. The record date so fixed must be not less than ten (10) nor more than sixty (60)
days prior to the date of the meeting. If the Board does not fix a record date for determining
Members entitled to vote, Members on the day of the meeting who are otherwise eligible to vote
are entitled to vote at the meeting.
3.7. Adjourned Meetings.
If any meeting of Members cannot be organized because a quorum is not present, a majority of
the Members who are present, either in person or by proxy, may adjourn the meeting to a time
not less than five (5) nor more than thirty (30) days from the original meeting date, at which
meeting the quorum requirement is the presence in person or by proxy of Members holding at
least twenty-five percent (25%) of the Association's voting power. Such an adjourned meeting
may be held without the notice required by Section 3.5 if notice thereof is given by
announcement at the meeting at which such adjournment is taken.