9.1 Number. The officers of the Association shall be a president, one or more vice presidents, a secretary, and a treasurer, each of whom shall be elected by the Board of Directors. Such other officers and assistant officers, as may be deemed necessary may be elected or appointed by the Board of Directors, and shall have such authority and perform such duties as are provided in these Bylaws or as may be provided by resolution of the Board. Any two or more offices may be held by the same person except the offices of President and Secretary.

 

9.2 Qualifications. Officers must be Members of the Association. In addition, the President must be a director of the Association.

 

9.3 Election and Term of Office. The officers of the Association shall be elected annually by the Board of Directors at the annual meeting of the Board of Directors. If the election of officers shall not be held at such meeting, such election shall he held as soon thereafter as is convenient. Unless an officer dies, resigns or is removed from office, he or she shall hold office until his or her successor shall have been duly elected and qualified.

 

9.4 Resignation and Removal. Any officer or agent may be removed by the Board of Directors whenever, in its judgment, the best interest of the Association will be served thereby, but such removal shall be without prejudice to the contract rights, if any, of the person so removed. Election or appointment of an officer or agent shall not of itself create contract rights. Any officer may resign at any time by giving written notice to the Board, the president or the secretary. Such resignation shall take effect on the date of receipt of such notice or at any later time specified therein, and unless otherwise specified therein, the acceptance of such resignation shall not be necessary to make it effective.

 

9.5 Vacancies. A vacancy in any office because of death, resignation, removal, disqualification, or any other cause, may be filled by the Board of Directors for the unexpired portion of the term.

 

9.6 President. The president shall have general supervision of the affairs of the Association and, unless some other officer is so designated by the Board of Directors, shall preside over meetings of the Board of Directors.

 

9.7 Vice President. The vice president shall perform all duties incumbent upon the president during the absence or disability of the president, with all the powers of and subject to all the restrictions upon the president, and shall perform such other duties as the Bylaws may provide or the Board of Directors may prescribe.

 

9.8 Secretary. The secretary shall: (1) keep the minutes of the meetings of the Board of Directors in one or more books provided for that purpose; (2) see that all notices are duly given in accordance with the provisions of these Bylaws or as required by law; (3) be custodian of the corporate records; (4) in general perform all duties incident to the office of secretary and such other duties as from time to time may be assigned to him or her by these Bylaws or by the Board of Directors.

 

9.9 Treasurer. The treasurer shall keep correct and complete records of account, showing accurately at all times the financial condition of the Association. He or she shall be the legal custodian of all moneys, notes, securities, and other valuables that may from time to time come into the possession of the Association. He or she shall immediately deposit all funds of the Association coming into the treasurer's hands in a bank or other depository to be designated by the Board of Directors, and shall furnish at meetings of the Board of Directors, or whenever requested, a statement of the financial condition of the Association, and shall perform such other duties as these Bylaws may provide or the Board of Directors may prescribe.

 

9.10 Other Officers and Agents. The Board of Directors may from time to time appoint such other officers and agents as it shall deem necessary or expedient, who shall hold their offices for such terms, and shall exercise such powers and perform such duties as shall be determined by the Board of Directors.

 

9.11 Salaries. The salaries of all officers and agents of the Association and all other forms of compensation and benefits to such officers and agents shall be fixed and determined by the Board of Directors.