Bylaws Table of Contents

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1. GENERAL
    1.1    Purpose of ByLaws
    1.2    Terms Defined in the Declaration
    1.3    Controlling Laws and Instruments

2. OFFICES
    2.1    Principal Office
    2.2    Registered Office and Agent

3. MEMBERS
    3.1    Members
    3.2    Memberships Appurtenant to Lots
    3.3    Voting Rights of Members
    3.4    Voting by Joint Owners
    3.5    Resolution of Voting Disputes
    3.6    Suspension of Voting Rights
    3.7    Determination of Member Voting Percentage
    3.8    Transfer of Memberships on Association Books
    3.9    Assignment of Voting Rights to Tenants and Mortgagees

4. MEETINGS OF MEMBERS
    4.1    Place of Members' Meetings
    4.2    Annual Meetings of Members
    4.3    Special Meetings of Members
    4.4    Record Date
    4.5    Notice of Members' Meetings
    4.6    Proxies
    4.7    Quorum at Members' Meetings
    4.8    Adjournments of Members' Meetings
    4.9    Vote Required at Members' Meetings
    4.10 Order of Business
    4.11 Chairman of Meetings
    4.12 Expenses of Meetings
    4.13 Waiver of Notice
    4.14 Action of Members Without a Meeting

5. BOARD OF DIRECTORS
    5.1    General Powers and Duties of Board
    5.2    Special Powers and Duties of Board
    5.3    Qualifications of Directors
    5.4    Number of Directors
    5.5    Appointment, Election and Term of Office
    5.6    Removal of Directors
    5.7    Resignation of Directors
    5.8    Vacancies in Directors
    5.9    Executive Committee
    5.10 Other Committees of Association
    5.11 General Provisions Applicable to Committees

6. MEETINGS OF DIRECTORS
    6.1    Place of Directors' Meetings
    6.2    Annual Meeting of Directors
    6.3    Other Regular Meetings of Directors
    6.4    Special Meetings of Directors
    6.5    Notice of Directors' Meetings
    6.6    Open Meetings
    6.7    Proxies
    6.8    Quorum of Directors
    6.9    Adjournment of Directors' Meetings
    6.10 Vote Required at Directors' Meetings
    6.11 Order of Business
    6.12 Officers at Meetings
    6.13 Waiver of Notice
    6.14 Action of Directors Without a Meeting
    6.15 Participation by Electronic Means

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7. OFFICERS
    7.1    Officers, Employees and Agents
    7.2    Appointment and Term of Office and Officers
    7.3    Removal of Officers
    7.4    Resignation of Officers
    7.5    Vacancies in Officers
    7.6    President
    7.7    Vice President
    7.8    Secretary
    7.9    Treasurer

8. INDEMNIFICATION OF OFFICIALS AND AGENTS
    8.1    Certain Definitions
    8.2    Right of Indemnification
    8.3    Indemnification Prohibited
    8.4    Prior Authorization
    8.5    Success on Merits or Otherwise
    8.6    Advancement of Expenses
    8.7    Payment Procedures
    8.8    Notification to Members
    8.9    Authority to Insure
    8.10 Right to Impose Conditions of Indemnification
    8.11 Other Rights and Remedies
    8.12 Applicability; Effect
    8.13 Indemnification of Agents
    8.14 Saving Clause; Limitation

9. MISCELLANEOUS
    9.1    Amendment of ByLaws
    9.2    Execution, Certification and Recording Amendments
                to Declaration
    9.3    Compensation of Officers, Directors and Members
    9.4    Books and Records
    9.5    Annual Report
    9.6    Statement of Account
    9.7    Biennial Corporate Reports
    9.8    Fiscal Year
    9.9    Seal
    9.10 Shares of Stock and Dividends Prohibited
    9.11 Loans to Directors and Officers Prohibited
    9.12 Limited Liability
    9.13 Special Rights to First Mortgagees
    9.14 Minutes and Presumptions Thereunder
    9.15 Record of Mortgages
    9.16 Checks, Drafts and Documents
    9.17 Execution of Documents

10. NOTICE AND HEARING PROCEDURE
    10.1    Notice and Hearing
    10.2    Tribunal

11. CONSTRUCTION LITIGATION NOTICE AND HEARING
       PROCEDURES
    11.1    Association's Enforcement Rights
    11.2    Written Notice
    11.3    Developer Inspections
    11.4    Developer Settlement Proposal
    11.5    Lawsuit Against the Developer
    11.6    Liability of Directors or Officers for Failure to Maintain
                an Action Against the Developer
    11.7    Alternative Dispute Resolution
    11.8    Utilization of Funds Resulting from the Cause of
                Action

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