Bylaws
Article 13: Dissolution
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Upon the dissolution of the corporation and after the payment or the provision for payment of all the liabilities of the corporation, the board of officers will dispose of all of the assets of the corporation exclusively for the purposes of the corporation or to organizations that are then qualified as tax-exempt organizations under section 501 (c) (3) of the Internal Revenue code. Any assets not so disposed of will be disposed by a court of jurisdiction in the county in which the principal office of the corporation is located. |
Article 12: Liability
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The individual Officers, and Members of SABA will not be held accountable for any and all liabilities of the Alliance. |
Article 11: Fiscal Year
Subbmited by dmuth (Douglas Muth) on Sat, 02/23/2008 - 4:54pm Tags:|
The fiscal year of the Alliance shall be from July 1st through June 30th. |
Article 10: Amendments
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Any amendment to the by-laws may be proposed only by the Board of Officers, or upon petition of twenty-five (25) members. |
Article 9: Finances
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Dues: The Board of Officers will determine the amount of annual dues payable to the Alliance. Individual membership fees shall be payable each fiscal year. Any delinquent membership fee(s) shall result in immediate termination of said membership(s). Funds: Alliance funds shall be held on account at The (need bank account and name here), and reported to the membership at general meetings. |
Article 8: Committees
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The Board of Officers may create standing committees from time to time. A Nominating Committee shall be appointed by majority vote of the Board of Officers each year. A Fourth of July Committee shall be appointed. |
Article 7: Officers
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The officers of the Alliance and their respective, staggered terms shall be as follows:
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Article 6: Board of Officers
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The Board of Officers of SABA may consist of 9-11 members: Nine (9) Officers, who are the elected Officers of the Alliance; President, Vice President, Treasurer, Assistant Treasurer, Recording Secretary, Corresponding Secretary, Designer/Web Designer, Public Relations Liaison, and Volunteer Coordinator. Two (2) ex-officio members who were the immediate past President and Vice President of the Alliance; |
Article 5: Selection of Officers
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A Nominating Committee will, in the early spring, ask via email, mail or flyer distribution to the neighborhood for all interested neighbors who wish to hold an officer position to present their names for consideration. The Nominating Committee will review all candidates and present a slate to all those present at the annual meeting in May. This slate will be voted upon at the annual meeting. |
Article 4: Membership Meetings
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Annual Meeting: The date of the regular annual meeting shall be set by the Officers who shall also set the time and place. If no time and place are set, the meeting will be held on the third Tuesday of May, at 7:30 p.m. The regular Annual Meeting shall be called for the purpose of approval of the officers’ slate and for the transaction of any and all other business necessary and proper. |

