Section 5.4 Removal and Resignation . Any Officer may be removed, either with or without cause, by the Board or by any Officer upon whom such power of removal may be conferred by the Board, except that only the Board shall remove an Officer chosen by the Board. Any Officer may resign at any time by giving written notice to the Board, the President, or the Secretary. Any such resignation shall take effect at the date of the receipt of such notice, or any later time specified therein. Unless otherwise specified therein, the acceptance of such resignation shall not be necessary to make it effective. An Officer shall be deemed to have resigned, effective immediately, upon the termination of membership in the Club or removal from Board, without need for written notice or acceptance. Vacancies . A vacancy in any office because of death, resignation, removal, disqualification or for any other cause may be filled for the remainder of the term by the Board in the manner prescribed in this Article for regular appointments to such office. Section 5.5
Section 5.6
Duties of Officers .
Section 5.6.1 President . The President shall be elected by the Board pursuant to the procedure outlined in Section 5.6.2. The President shall preside at all meetings of the Board, and shall have the general powers and duties of management usually vested in the office of the President of a corporation, along with such other powers and duties as may be prescribed by the Board or these Bylaws. Section 5.6.2 Vice President . The Vice-President shall be elected by the Board and shall serve as President Elect. In the absence or disability of the President, the Vice-President shall perform all the duties of the President, and when so acting shall have all the powers of and be subject to all the restrictions applicable to the President. The Vice-President shall have such other powers and perform such other duties as may be prescribed from time to time by the Board or these Bylaws. A Governor who is in their final year of their term is not eligible for election to the position of the Vice President/President Elect. Section 5.6.3 Secretary . The Secretary shall be elected by the Board. The Secretary shall keep or cause to be kept a book of minutes of all meetings of Governors and Equity Members. Section 5.6.4 Chief Financial Officer . The Chief Financial Officer shall be elected by the Board and shall not be a member of the Board. The Chief Financial Officer shall serve a term of up to three (3) years and shall cause to be kept and maintained adequate and correct accounts of the Club’s properties and business transactions of the Club. The books of account at all reasonable times shall be open to inspection by any Governor and, upon written demand on the Club and to the extent required by law, by any Equity Member, for a purpose reasonably related to the interests of such Equity Member. The Chief Financial Officer shall ensure the deposit of all money and other valuables in the name and to the credit of the Club with such depositories as may be designated by the Board. The Chief Financial Officer shall cause to be disbursed funds of the Club as may be ordered by the Board and shall render to the President and to the Board, whenever they request it, an account of all of his or her transactions as Chief Financial Officer and of the financial condition of the Club. The Chief Financial Officer shall have such other powers and perform such other duties as may be prescribed by the Board or these Bylaws.
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