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President shall preside at all meetings of the Board of Directors and of the Owners of the Association.
7.7 Vice President: The Vice President, if any, may act in place of the President in case of his death, absence or inability to act, and shall perform such other duties and have such authority as is from time to time delegated by the Board of Directors or by the President.
7.8 Secretary: The Secretary shall be the custodian of the records and the seal of the Association and shall affix the seal to all documents requiring the same; shall prepare, execute, certify, and record amendments to the Declaration on behalf of the Association; shall see that all notices are duly given in accordance with the provisions of these Bylaws and as required by law and that the books, reports and other documents and records of the Association are properly kept and filed; shall take or cause to be taken and shall keep minutes of the meetings of the owners, of the Board of Directors and of committees of the Board; shall keep at the principal office of the Association a record of the names and addresses of the Owners and the voting representative, if any, of each Owner; and, in general, shall perform all duties incident to the office of Secretary and such other duties as may, from time to time, be assigned to him by the Board of Directors or by the President. The Board may appoint one or more Assistant Secretaries who may act in place of the Secretary in case of his or her death, absence or inability to act.
7.9 Treasurer: The Treasurer shall have charge and custody of, -and be responsible for, all funds and securities of the Association in such depositories as shall be designated by the Board of Directors; shall keep correct and complete financial records and books of account and records of financial transaction and condition of the Association and shall submit such reports thereof as the Board of Directors may, from time to time, require; shall arrange for the annual report required under Section 9.4 of these Bylaws; and, in general, shall perform all the duties incident to the office of Treasurer and such other duties as may from time to time be assigned to him by the Board of Directors or by the President. The Board may appoint one or more Assistant Treasurers who may act in place of the Treasurer in case of his or her death, absence or inability to act.
8.1 Certain Definitions: A "Corporate Official" shall mean any Director or officer and any former Director or Officer of the Association. A "Corporate Employee" shall bean any employee and any former employee of the Association. "Corporate Official" and "Corporate Employee" shall not include any officer, director, agent (continued next page)
BCI0513.96
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