Section 1: The annual meeting of the members shall be held on the second Friday of October each year in Makati, Metro Manila. At the said annual meeting, members of the Board of Directors for the coming year shall be elected.
Section 2: Regular meetings of the Society shall be held once every two months at a place and date as may be designated in the call or notice of said meetings. Special meetings may be called by the Board of Directors or upon written request of at least four (4) members filed with the Board at least fifteen (15) days before the date scheduled for the Special Meeting. The request for such special meeting shall state the purpose for such meeting.
Section 3: A quorum at any meeting of the members shall be made up by a majority of the members attending in person and a majority of such quorum shall decide any question that may come before the meeting except in those cases in which the laws of the Philippines require the affirmative vote of a greater proportion.
Section 4: Only members in good standing who are up to date in the payment of their dues and have attended at least 50% of the regular meetings may vote. However, votes should be cast by the members in person or by proxy.
Section 1: The governing body of the Society shall be vested in the Board of Directors of eleven (11) members.
Section 2: The eleven (11) members of the Board shall be elected and hold office for a term of one (1) year of until their successors are elected or appointed. Only members in good standing shall have the right to vote and be voted upon.
Section 3: During the election for members of the Board after the expiration of the term of all incumbents which will occur at the end of every one year, the members-elect obtaining the first eleven highest number of votes shall serve for a term of one year.
Section 4: In the election for membership to the Board, should there be a tie for the fifth place in elections for only five members and a tie for the sixth or eleventh places in elections for all eleven members, and one of those involved in the tie is and incumbent member of the Board, said member shall be declared the elected member of the Board and shall serve the term specified. Should the tie occur among members who are both incumbent or both have not served in the Board in the immediate past term, the tie shall be decided by drawing lots.
Section 5: Any Board member who has been absent from Regular Meetings of the Board for Three (3) consecutive times or a total of six (6) times within a year shall be considered resigned as such member of the Board unless written justification for absent is served to the Board.
Section 6: Vacancies in the Board among members shall be filled for the unexpired term of the vacated position by the member who occupied the next highest position during the elections of the Board of Directors.
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