Res 1986-116 - Laserfiche WebLink

Home Browse Search

ARTICLE NINE SEAL 9.01. The Board of Trustees shall provide a corporate seal, which shall be in the form of a circle and shall have inscribed thereon the name of the corporation and the words "Corporate Seal of S.E.M. CORPORATION". ARTICLE TEN wAIVER OF NOTICE 10.01. Whenever any notice is required to be given under the provisions of the Texas Non-Profit Corporation Act or under the provisions of the Articles of Incorporation or the bylaws of the Corporation, a waiver thereof in writing signed by the person or persons entitled to such notice, whether before or after the time stated therein, shall be deemed equivalent to the giving of such notice. ARTICLß ELEVEN AMENDMENTS TO BYLAWS 11.01 Except for Sections 3.01, 3.02, 3.03, 3.04, 3.05, 3.06, 3.09, 3.10, 3.11, 3.12, 3.13, 4.03, 4.04, 5.01, 5.05, 11.01 and 12.01, these bylaws may be altered, amended, or repealed by a majority vote of the Trustees present at a regular meeting or at a special meeting. Sections 3.01, 3.02, 3.03, 3.04, 3.05, 3.06, 3.09, 3.10, 3.11, 3.12, 3.13,4.03, 4.04, 5.01,5.05, 11.01 and 12.01 may only be altered, ~TIended or repealed or new bylaws adopted by a vote of six of the seven Trustees. In either case, no such action may be taken unless at least three days written notice is given of an intention to alter, amend, or repeal these bylaws or to adopt new bylaws at a meeting. ARTICLE TWELVE DISSOLUTION 12.01 The corporation shall take the necessary steps to dissolve itself at such time as its primary purpose is complete. 11 .