2025 MFTHBA Rulebook

12 B. Service on the Board of Directors, either as an officer or director, is both an honor and a privilege. Throughout his or her tenure, an individual serving on the Board must remain an MFTHBA member in good standing, adhere to MFTHBA rules and regulations pertaining to membership conduct, and conduct himself or herself in an exemplary manner such as to favorably reflect on the Board of Directors and the MFTHBA. This conduct is subject to continual review; and in the case of a serious breach of published rules or regulations, subject to legal advice, an individual’s service on the Board of Directors may be sanctioned, suspended or terminated by the Board of Directors for cause, provided the outcome of procedures of disciplinary action as covered in the MFTHBA rules and procedures so warrants. C. An affirmative vote of not less than two thirds (2/3) of the Board of Directors shall be required to enforce the provisions of either Subsection A or B of this Section 2. ARTICLE V Section 1. Meetings, Members A. Annual An annual meeting of the members shall be held in each year in Ava, Missouri on the fourth Saturday in October, or other date as determined by the Board of Directors, for the purpose of announcing election results and for the transaction of such other business as may come before the meeting. B. Special Special meetings may be called either by the President, three (3) or more of the Board of Directors, or upon application to the Secretary-Treasurer of at least ten percent (10%) of the members or twenty- five percent (25%) of the number of valid ballots cast in the previous election, whichever is the lesser number. Such special meeting must be held within 45 days of the date of petition qualification. C. Notice Written or printed notices stating the place, day and hour of any meeting of the members shall be delivered, either personally or by mail, to each member entitled to vote at such meeting , not less than 10 and not more than 50 days before the date of such meeting, by or at the direction of the President, the Secretary, or the persons calling the meeting. In case of a special meeting or when required by statute or by these Bylaws, the purpose for which the meeting is called shall be stated in the notice. If mailed, the notice of a meeting shall be deemed delivered when deposited in the United States mail, addressed to the member at his address as it appears on the records of the corporation, with postage thereon and prepaid. Any member may waive notice of any meeting. Any meeting shall be deemed validly called at which all of the members are present. Publication of the notices required by this section in the MFTHBA Journal, the official publication of the MFTHBA, shall be deemed in full compliance with this section. If the intention of the meeting is to alter, amend or repeal or to adopt new Bylaws at such meeting notice is required at least thirty (30) days in advance of the meeting as specified in Article VIII, Section 1 of these Bylaws. D. Quorum Five percent of the members in person shall constitute a quorum at any meeting other than the annual meeting. If a quorum is not present at any meeting of members, a majority of those present may adjourn the meeting from time to time without further notice. At the annual meeting of members, the number of returned ballots shall constitute a quorum. Section 2. Meetings, Board of Directors A. Regular Meetings 1. Annual A regular annual meeting of the Board of Directors may be held without other notice than by this Bylaw immediately after and at the same date and place of the annual meeting of the members. 2. Other The Board of Directors, by rule, shall provide for other regular meetings at stated times and places, which shall be a minimum of quarterly.