RES 361 Draft 01 2020-2022 - Laserfiche WebLink

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i i to vote shall have the right to vote in person.Where membership includes persons other than:the Board of Directors,-members shall have the right to vote in person or by written proxy. SECTION 4.7. Quorums A majority of the membership shall be necessary to constitutea quorum for the tr-aaskdon of business. ARTICLE V BOARD OF DIRECTORS SECTION 5.1. Powers. The affairs of the Corporation shall bu managed and controlled by the Board of Direct=. The Corporation shall have all powers ne essarS and proper to carry out its purposes. Subject to the limitations of.tha Articles, o f Incorporation,the By-Laws and df the laws of the State of Hawaii,aII corporate powers shall be exercised by or under authority of the Board of Directors. The Board of Directors may ddlegate any of its powets to an Executive Cornmittce or to such other cbmmiu=or officers as it shall deem appropriate subject to provisions relating to, committees as herein provided or,as otherwise provided by the Board of Directors. he Board of Directors shall be authorized and empowered to employ.such agents and staff as it may deem necessary. Or— 'There shall be a Board of Directors of the SECTION 5 (}r4TanI?3t1 r�,oratior�to consist of not less than three members. The inidal_Board of Directors shall be as set forth in the Articles of Incorporation. Each Director shall hold oc for two years or until his or her successor as been elected or appointed. Provided,however. of office of the.Directors shall that as of the effective date of these by-lames, initial terns i