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By-laws
of the La Veta Monterey Condominium Association
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A
California Non-Profit Corporation
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ARTICLE II - DEFINITIONS |
| 1. |
Association |
| 2. |
Properties |
| 3. |
Unit |
| 4. |
Common
Area |
| 5. |
Condominium |
| 6. |
Members |
| 7. |
Owner |
| 8. |
Declarant |
| 9. |
Mortgage |
| 10. |
Mortgagee |
| 11. |
Deed
of Trust |
| 12. |
Organizational
Meeting |
| 13. |
Declaration |
| 14. |
Condominium
Plan |
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| ARTICLE
III - MEMBERSHIP |
| 1. |
Qualification
and Initiation |
| 2. |
Transfer |
| 3. |
Suspension
of Membership |
| 4. |
Voting
Rights |
| 5. |
Joint
Owner Disputes |
| 6. |
Member's
Rights and Duties |
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| ARTICLE
IV - MEETING OF THE OWNERS |
| 1. |
Place
of Meetings |
| 2. |
Annual
Meeting |
| 3. |
Special
Meetings |
| 4. |
Notice
of Meetings |
| 5. |
Waiver
of Notice |
| 6. |
Consent
to Member's Meetings |
| 7. |
Proxies |
| 8. |
Order
of Business |
| 9. |
Parliamentary
Procedures |
| 10. |
Adjournment |
| 11. |
Organization |
| 12. |
Inspection
of Elections |
| 13. |
Quorum |
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| ARTICLE
V - OFFICERS |
1. |
Designation |
| 2. |
Election
and Tenure of Officers |
| 3. |
Removal
of Officers |
| 4. |
Vacancies |
| 5. |
President |
| 6. |
Vice-President |
| 7. |
Secretary |
| 8. |
Treasurer |
| 9. |
Subordinate
Officers |
| 10. |
Signing
of Checks |
| 11. |
Non-Liability
of Officers |
| 12. |
Fidelity
Bonds |
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| ARTICLE
VI - BOARD OF DIRECTORS |
| 1. |
Powers,
Duties and Term of Board |
| 2. |
Election
of Board of Directors |
| 3. |
Removal
of Board of Directors |
| 4. |
Meetings |
| 5. |
Voting |
| 6. |
Vacancies |
| 7. |
Compensation |
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| ARTICLE
IX - ASSESSMENTS |
| 1. |
Creation
of Lien |
| 2. |
Purpose
of Assessments |
| 3. |
Basis
of Regular Assessments |
| 4. |
Special
Assessments for Capital Improvements |
| 5. |
Emergency
Assessments |
| 6. |
Rate
of Assessment |
| 7. |
Date
of Commencement of Assessments |
| 8. |
Certificate
of Payment |
| 9. |
Effective
of Non-Payment of Assessments |
| 10. |
Subordination
of Assessment Lien |
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