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Hours of Operation
  4:00pm - 8:30pm   School Year
11:00am - 9:20pm Summer
2008 Season
 

Bylaws of
Shannondale-Mahogany Swim Club, Inc
Table of Contense

ARTICLE I: OFFICES
1.01 Principal Office
  1.02 Other Offices
ARTICLE  II: STOCK
  2.01 Issuance of Shares
  2.02 Certificates of Shares
  2.03  Transfer of Shares
  2.04 Registered Shareholders
  2.05 Lost or Destroyed Certificates
  2.06 Lien for Payment
  2.07 Lien for Dues
  2.08 Installment Purchase
  2.09 Stock Ownership and Transfer
  2.10 Limitation on Shares
ARTICLE III: SHAREHOLDERS
  3.01 Shareholder Eligibility
  3.02 Annual Meeting
  3.03 Special Meetings
  3.04 Place of Meetings
  3.05 Notice of Meetings
  3.06 Record Dates
  3.07 List of Shareholders
  3.08 Quorum
  3.09 Proxies
  3.10

Voting
  3.11

Participation by Conference Telephone
ARTICLE IV: BOARD
  4.01 General Powers
  4.02 Number
  4.03 Tenure
  4.04 Eligibility
  4.05 Resignation
  4.06 Removal
  4.07 Board Vacancies
  4.08 Annual Meeting
  4.09 Regular Meeting
  4.10 Special Meetings
  4.11 Statement of Purpose
  4.12 Waiver of Notice
  4.13 Meeting by Telephone or Similar Equipment
  4.14 Quorum
  4.15 Consent to Corporate Actions
ARTICLE V: COMMITTEES
  5.01 General Powers
  5.02 Meetings
  5.03 Consent to Committee Actions
  5.04 Standing Committees
ARTICLE VI: OFFICERS
  6.01 Number
  6.02 Eligibility
  6.03 Term of Office
  6.04 Removal
  6.05 Vacancies
  6.06 President
  6.07 Vice President
  6.08 Chairperson
  6.09 Secretary
  6.10 Treasurer
ARTICLE VII: CORPORATE DOCUMENT PROCEDURE
  7.01

Contracts And Conveyances
  7.02 Orders for Payment of Money
ARTICLE VIII: INDEMNIFICATION
  8.01 Nonderivative Actions
  8.02 Derivative Actions
  8.03 Expenses of Successful Defense
  8.04 Contract Right; Limitation on Indemnity
  8.05 Determination That Indemnification Is Proper
  8.06 Proportionate Indemnity
  8.07 Expense Advance
  8.08 Nonexclusivity of Rights
  8.09 Indemnification of Employees
and Agents of the Corporation
  8.10 Former Directors and Officers
  8.11 Insurance
  8.12 Changes in Michigan Law
ARTICLE IX: COMPENSATION
ARTICLE X: CLUB MEMBERS
  10.01 Club Members
  10.02 Club Member Rights
  10.03 Associate Members
  10.04 Maximum Membership
  10.05 Priority for Membership
  10.06 Guests
ARTICLE XI: DUES, FEES AND SPECIAL ASSESSMENTS
  11.01 Annual Dues and Fees
  11.02 Special Assessments
ARTICLE XII: BOOKS AND RECORDS
  12.01 Maintenance of Books and Records
ARTICLE XIII: FISCAL YEAR
ARTICLE XIV: AMENDMENTS
ARTICLE XV: INTERPRETATION

 

 

 

 

 

 

 

 

 

 

 

 

 

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