William Penn Life, 2007 (42. évfolyam, 1-12. szám)

2007 / Különszám

The By-Laws tioned in such form and sum as the Board or National President, as the case may be, may determine. c. Approval of Bonds. All bonds herein and hereun­der required shall be approved by the General Counsel, as appropriate, and deposited with the National Vice President-Secretary. A blanket bond, instead of individual bonds, may be authorized. d. Cost. The cost of every bond required hereunder shall be paid from the general fund of the Association. e. Removal from Office. Any such National or Branch Officer or employee who has not been bonded as herein provided or who has failed to furnish any addi­tional bond required of him or her within thirty (30) days from the date any such bond requirement is imposed in writing shall automatically yield and surrender said office or employment with the Association. Section 507. RETURN OF PROPERTY - Subject to Section 508 below, each National and Branch Officer and each employee shall, upon the expiration or termination of his or her office or employment, as the case may be, account for and deliver to his or her successor, or other person authorized to receive the same, all monies, bonds, papers, securities and all other property held by him or her and belonging to the Association. Section 508. NOTIFICATION OF BONDING - No National or Branch Officer of the Association shall deliver to his or her successor in office or other person authorized to receive the same, any money, securities or other property belonging to the Association until he or she shall have been properly notified that such persons have been bonded as required by these By-Laws. Section 509. LIMITATION - No National Officer shall hold a contract as a Full-Time Agent or General Agent during his or her term of office with the Association. ARTICLE 6 - THE BRANCHES Section 601. ORGANIZATION - Branches of the Asso­ciation may be created and shall be chartered by resolution of the Board in localities where the Association has not less than fifty (50) Adult Life Benefit Members to provide said Members with the opportunity to take part in frater­nal and benevolent activities; to share in programs of fellowship, sociability, and responsibility; and to share in a democratic form of government. Section 602. RULES - The affairs of the Branches shall be conducted in accordance with the provisions of these By- Laws and under rules prescribed by the Board. Section 603. AUTHORITY - The Board has full authority over the Branches, Branch Officers and Branch Coordina­tors. Pursuant to Article 7 of these By-Laws, Branch Officers may, at any time, be subject to suspension or removal from office by the Board for cause, improper conduct, incompetence, neglect of duty, conflict of interest, or violation of resolutions of the General Convention or Board. The Branch Officer involved need not be present at the disciplinary proceeding. In addition, the Board shall have jurisdiction over any complaint of misconduct lodged against any Branch, Branch Coordinator, or member. In all events, the Board shall have the unre­stricted authority to suspend the charter of a Branch, place a Branch under trusteeship, dissolve a Branch, transfer members and/or terminate the existence of a Branch or Affiliate. Section 604. BRANCH MEETINGS 1. Regular meetings of a Branch should be held monthly but in any event shall be held quarterly, except that regular meetings may be dispensed with in the months of June, July and August. 2. Special meetings may be called by the Branch President at any time he or she deems it necessary, or upon the request of ten (10) Adult Life Benefit Members of said Branch. Members shall be notified of any special meeting and no business shall be transacted at such meeting other than that for which the meeting was called. 3. The following order of business shall be a guideline for the presiding officer at regular meetings: a. Opening by the President, pledge of allegiance and invocation. b. Roll call. c. Minutes of previous meetings. d. Admission and welcome of new Members. e. Reports of officers. f. Reports of committees. g. Old business. h. New business. i. Election of officers (annually under Section 606). j. Appointment of committees. k. Good and welfare of the Branch. l. Adjournment. 4. Only Adult Life Benefit Members and Annuitant Members shall have the right to attend Branch meetings. 5. Only the Certificate holder who is the basic insured Adult Life Benefit Member shall have the right to vote at Branch meetings and, if at least age eighteen, to hold office. Section 605. NOMINATIONS - Nominations for candi­dates for Branch office may be made from a nominating committee appointed by the Branch President. Such nominations may also be made from the floor at the November or December annual meeting of the Branch by those members in attendance. 38 William Penn life, Special Convention Edition, December 2007

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