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LCOC By-Laws - Article IV

Article Index

 

Article IV

Governing Body

Until such time as membership reaches 50 or more, the governing body will be a Board

of Officers as described below. Once the membership reaches 50 members or at such

time that enough members qualify and are willing to participate on a board of directors,

the governing body will be transformed into a Board of Directors as described below.

Board of Officers

Section 1: Composition of Officers

The officers shall be composed of four members, which will include the President, Vice

President, Secretary, and Treasurer. All of these officers shall be elected annually to

serve for 1 year or until their successors are elected and have qualified.

Section 2: Duties of Officers

A. President.

commerce and shall preside at all meetings of the membership, officers, and executive

committee. The president shall assign vice presidents to divisional or departmental

responsibility, subject to governing board’s approval. The president shall, with advice

and counsel of vice president and the officers, determine all committees, select all

committee chairmen, and assist in the selection of committee personnel, subject to

approval of the governing board.

The president shall serve as the chief elected officer of the chamber ofB. Vice President.

perform the duties of the president in the absence or disability of the president. The vice

president shall also serve as head of the program of work committee of the chamber. As

such, the vice president and committee will be responsible for determining that the

program activities of the chamber are of such duration as is required, at all times being

alert to ensure that the activities of the chamber are directed toward achieving business

and community needs in the area served by the chamber. The duties of the vicepresident

shall be such as their titles by general usage would indicate, and such as

required by law, as well as those that may be assigned by the president and governing

board. They will also have under their immediate jurisdiction all committees pertaining to

their general duties.

The vice president shall exercise the powers and authority andC. Treasurer.

received by the chamber and for their proper disbursement. Such funds shall be kept on

deposit in financial institutions or invested in a manner approved by the governing body.

Checks are to be signed by the treasurer and the president or, in the absence of either

or both, by any two officers. The treasurer shall cause a monthly financial report to be

made to the governing body.

The treasurer shall be responsible for the safeguarding of all fundsD. Secretary.

will be responsible for preparing notices, agendas, and minutes of board meetings for

the board.

The secretary shall serve as administrator to the governing body andBoard of Directors

Section 1: Composition of the Board

The board of directors shall be composed of 7 members, which will include the

Chairman, Chairman-Elect, President, Secretary, Treasurer, Past Chairman, and Past

President. Four of these officers shall be elected annually to serve for 1 year or until

their successors are elected and have qualified. These elected positions are the

Chairman-Elect, President, Secretary, and Treasurer. The incoming chairman of the

board may appoint, subject to the approval of the board, from 2 to 4 additional members

(Vice Chairmen) to the board to serve one-year terms. The government and

policy making responsibilities of the chamber shall be vested in the board of directors,

which shall control its property, be responsible for its finances, and direct its affairs.

Section 2: Determination of Officers

The board of directors (new and retiring) at its regular December meeting shall

reorganize for the coming year. The nominating committee for directors shall also

nominate officers each year. At this meeting, the board shall elect the chairman of the

board, chairmen elect, as many vice chairmen as is deemed necessary to conduct the

activities of the chamber, and the treasurer. Officers will be elected from members of the

new board. All officers shall take office on the first day of the new fiscal year and serve

for a term of 1 year or until their successors assume the duties of office. They shall be

voting members of the board of directors.

Section 3: Duties of Officers

A. Chairman of the Board.

chamber of commerce and shall preside at all meetings of the membership, board of

directors, and executive committee. The chairman of the board shall, with advice and

counsel of the president, assign vice chairmen to divisional or departmental

responsibility, subject to board of director’s approval. The chairmen of the board shall,

with advice and counsel of vice chairmen and the president, determine all committees,

select all committee chairmen, assist in the selection of committee personnel, subject to

approval of the board of directors.

The chairman shall serve as the chief elected officer of theB. Chairman-Elect.

perform the duties of the chairman in the absence or disability of the chairman. The

chairman-elect shall also serve as head of the program of work committee of the

chamber. As such, the chairman-elect and committee will be responsible for determining

that the program activities of the chamber are of such duration as is required,

at all times being alert to ensure that the activities of the chamber are directed toward

achieving business and community needs in the area served by the chamber.

The chairman-elect shall exercise the powers and authority andC. Vice Chairmen.

general usage would indicate, and such as required by law, as well as those that may be

assigned by the chairman and board of directors. They will also have under their

immediate jurisdiction all committees pertaining to their general duties.

The duties of the vice-chairmen shall be such as their titles byD. Treasurer.

received by the chamber and for their proper disbursement. Such funds shall be kept on

deposit in financial institutions or invested in a manner approved by the board of

directors. Checks are to be signed by the treasurer and the president or, in the absence

of either or both, by any two officers. The treasurer shall cause a monthly financial report

to be made to the board.

The treasurer shall be responsible for the safeguarding of all fundsE. Secretary.

will be responsible for preparing notices, agendas, and minutes of board meetings for

the board.

The secretary shall serve as administrator to the board of directors andF. President (or preferred title).

president shall serve as advisor to the chairman of the board and program of work

committee on program planning and shall assemble information and data and prepare

special reports as directed by the program of the chamber. The president shall be a

member of the board of directors, the executive committee, and all committees. With

assistance of the divisional vice chairmen, the president shall be responsible for

administration of the program of work in accordance with the policies and regulations of

the board of directors. The president shall be responsible for hiring, discharging,

directing, and supervising all employees when applicable. With the cooperation of the

program of work committee and budget committee, the president shall be responsible for

the preparation of an operating budget covering all activities of the chamber, subject

to approval of the board of directors. The president shall also be responsible for all

expenditures with approved budget allocations.

The president shall be the chief executive officer. TheSection 4: Executive Committee

The executive committee shall act for and on behalf of the board of directors when the

board is not in session but shall be accountable to the board for its actions. It shall be

composed of the chairman of the board, past chairman, chairman-elect, vice chairmen,

treasurer, secretary, and the president. The chairman of the board will serve as

chairman of the executive committee.

Section 5: Indemnification

The chamber may, by resolution of the board of directors, provide for indemnification by

the chamber of any of its officers or former officers as spelled out in Article IV, Section 7

of these bylaws.