RSCC By Laws: Article VI and VII
ARTICLE VI
Duties of Officers
Section 1: PRESIDENT: The president shall preside at all meetings of the Trustees and members; shall sign as president all certificates of membership and all contracts or other instruments in writing authorized by the Board of Trustees; shall call special meetings of the Trustees of the members whenever he deems it necessary; shall have and exercise under the direction of the Board of Trustees the general supervision of the affairs of the corporation. The president shall be responsible for enforcing the Articles of Incorporation and By-laws and any rules and regulations established by the Board of Trustees and levying such penalties as he deems necessary as provided for therein.
Section 2: VICE-PRESIDENT: The Vice-President shall preside at all meetings in the absence of the president, and in case of the absence or disability of the president shall perform all other duties of the president which are incidental to that office.
Section 3: SECRETARY: The secretary shall issue all notices and shall attend and keep the minutes of all meetings; shall have charge of all corporate books, records and papers; shall be custodian of the corporate seal, shall attest with signature and impress with the corporate seal all written contracts of the corporation and shall perform all such other duties as are incidental to that-office.
Section 4: TREASURER: The Treasurer shall keep safely all moneys and securities of the corporation and disburse the same under the direction of the Board of Trustees. The Treasurer shall cause to be deposited all funds of the corporation in a bank selected by the Trustees. At each annual meeting of the members, and at any time directed by the Trustees, the Treasurer shall issue and present a full statement showing in detail the condition of the affairs of the corporation.
ARTICLE VII
Certificated of Membership and Transfers
Section 1: A certificate of membership in the corporation shall be issued to each member. All such certificates shall be signed by the President or Secretary.
Section 2: All memberships and certificates evidencing same shall be inseparably appurtenant to the lot, lots or fractional lots owned by the holders hereof and upon sale of contract to sell, such memberships and such certificates shall become the property of the grantee or purchaser as hereinbefore provided. No transfer of membership shall entitle the transferee to vote the same until it has been established to the satisfaction of the Secretary that such transfer is bona fide and has been made in the manner provided.
Section 3: Unless specifically requested by the owner and holder thereof, it shall not be necessary that certificates of membership be actually issued but any owner or purchaser of a lot or lots within the aforesaid subdivision may exercise all of the rights and privileges and shall be subject to all of the liabilities of membership without the actual issuance and possession of such certificate of membership.
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