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foundation:draft_by_laws [2009/07/27 14:04] mprutsalis |
foundation:draft_by_laws [2010/12/18 17:35] (current) |
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| Invited Members shall be notified by electronic means and shall have 30 days to respond. The initial Members of the Foundation shall be admitted upon the affirmative vote of the Board of the Foundation at the initial meeting of the Board. \\ | Invited Members shall be notified by electronic means and shall have 30 days to respond. The initial Members of the Foundation shall be admitted upon the affirmative vote of the Board of the Foundation at the initial meeting of the Board. \\ | ||
| **Section 2.2: Admission of Members.** To be eligible for membership, a person or entity must be nominated by a current Member of the Foundation and complete a written membership application in such form as may be adopted by the Board from time to time. The nomination must be included in a notice to the Members, if any, of the Foundation at least fourteen (14) days prior to any vote on the applicant' | **Section 2.2: Admission of Members.** To be eligible for membership, a person or entity must be nominated by a current Member of the Foundation and complete a written membership application in such form as may be adopted by the Board from time to time. The nomination must be included in a notice to the Members, if any, of the Foundation at least fourteen (14) days prior to any vote on the applicant' | ||
| - | Members of the Foundation shall be admitted only by a majority vote of the existing Members of the Foundation, and after receipt by the Secretary of a membership application completed by each such proposed Member within thirty (30) days following the vote. | + | Members of the Foundation shall be admitted only by a majority vote of the existing Members of the Foundation, and after receipt by the Secretary of a membership application completed by each such proposed Member within thirty (30) days following the vote. \\ |
| **Section 2.3: Voluntary Resignation of Membership.** A Member may resign from membership in the Foundation at any time upon written signed notice delivered to an officer of the Foundation. \\ | **Section 2.3: Voluntary Resignation of Membership.** A Member may resign from membership in the Foundation at any time upon written signed notice delivered to an officer of the Foundation. \\ | ||
| **Section 2.4: Termination of Membership.** No Member may have his or her membership terminated except by the affirmative vote of two-thirds of the Members of the Foundation. \\ | **Section 2.4: Termination of Membership.** No Member may have his or her membership terminated except by the affirmative vote of two-thirds of the Members of the Foundation. \\ | ||
