Instrtmenti 2005-256417 if 18 Book: 5654 Page: 29
ARTICLE X
BOARD OF DIRECTORS POWERS AND DUTIES
10.01 The Board of Directors shall have the powers necessary for the proper administration ofthe affairs ofthe Association and it may do all acts and things which are not specifically reserved to be exercised and done by the Members in the Declaration, Articles of Incorporation or these By- Laws 10.02 In addition to the duties imposed by these By-Laws, the Declaration, or by resolution ofthe Association,the Board ofDirectors shall be responsible for the following: (1)To call the annual meeting ofthe Members and to call special meetings ofthe Members whenever it deems necessary; and it shall call a meeting ay any time upon written request from ten percent ofthe Members,and to see that minutes of the meeting are kept. (2)To appoint and remove at its pleasure all officers,agents and employees ofthe Association, prescribe their duties, fix their compensation, and require of them such security of fidelity bond, as it may deem expedient. Nothing contained in these By-Laws shall be construed to prohibit the employment of any Member, officer or Director ofthe Association in any capacity.
(3) To establish, levy, assess, and collect the assessments or changes created or authorized by the Declaration and/or supplementary declaration.
(4) To adopt and then distribute to the lot owners the Rules and Regulations governing the use ofthe property and the conduct ofthe Members,their families, guests and tenants as needed to protect the health, comfort,safety and welfare of the Members.
(5)To exercise for the Association, all powers, duties and authority vested in or delegated to this Association,except those reserved to the Members.
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