Page 22 - BFAAM 23-24 Directory
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2023-2024 MEMBERSHIP DIRECTORY
ARTICLE XVIII LIMITATIONS
18.1 Neither the Association nor any of its officers, committee members or members of the Board of Directors shall incur any obligation or announce any policy in the name of the Association, unless the action or obligation or policy shall have been formally approved by a majority vote of the Board of Directors.
18.2 The Association or membership therein shall not be used for the promotion or the individual interests of members. No member shall use their office or title for personal use on business stationery, advertising or business cards. Members may designate their membership by using the name of the Association on their letterheads, advertising or business cards.
18.3 Meetings of the Association, discussions and considerations shall be limited to such questions as are acceptable to the majority of the representatives.
ARTICLE XIX NOTICES
19.1 All notices to members shall be sent to their addresses as given on the books of the Association, and such mailing shall constitute presumptive evidence of service thereof.
ARTICLE XX AMENDMENTS
20.1 These Bylaws may be amended only by a majority vote of the members present at a regular or special meeting of the Association, provided notice of the proposed amendment has been stated in the call for the meeting.
ARTICLE XXI DISSOLUTION
21.1 In the event three-fourths of the voting members in good standing of the Association shall vote to dissolve this Association, then in the event, the Association shall be forthwith dissolved.
21.2 In the event of a liquidation or dissolution of the Association, whether voluntary or involuntary, no member shall be entitled to any distribution or division of its remaining property or its proceeds, and the balance of all money and other property received by the Association from any source, after the payment of all debts and obligations of the Association, shall be used or distributed, subject to the order, if any, of any court of the State of Michigan having jurisdiction thereover, and exclusively for any purpose within the intendment of Section 501(c) of the Internal Revenue Code of 1954 and the Regulations thereunder as the same now exist or as the same may be hereafter amended from time to time.
   





















































































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