MSI Leadership Roles

The Board of Directors

The Board of Directors shall have the general power to manage and control the affairs and property of the Corporation, and shall have full power, by majority vote, to adopt rules and regulations governing the action of the Board of Directors. The Board of Directors shall have the authority to release the Corporation’s membership roster to a third party, but only upon a unanimous vote of the Board of Directors at a regularly constituted meeting of the Board of Directors at which a quorum is present, or upon the Board of Director’s majority vote at such meeting pursuant to a final order of a court or agency of competent jurisdiction requiring such disclosure.

The Board of Directors shall consist of at least three (3) members, but no more than nine (9) members, as specified by resolution of the voting Members of the Corporation. Members of the Board of Directors must reside in the State of Maryland, must be voting Members of the Corporation, and must not hold office in any organization having a purpose similar to that of the Corporation. Except in the case of filling vacancies, election to the Board of Directors shall be by plurality vote of the voting Members of the Corporation present in person or by proxy at the Annual Meeting of the Members of the Corporation for the year in which a member of the Board of Directors term expires. Each member of the Board of Directors shall hold office for a term of three (3) years and thereafter until his successor is elected and qualified. No person may stand for election to the B.o.D unless they have been a member in good standing for two (2) years.

Officers

Each Officer of the Corporation shall be a Member of the Corporation, and shall not hold office in any organization having a purpose similar to any purpose of the Corporation. The Officers of the Corporation shall be elected by a majority vote of the voting members of the corporation except that new offices may be created and filled at any meeting of the Board of Directors. Each Officer shall hold office for a term of one (1) year and thereafter until his successor shall have been duly elected and qualified. No person shall stand for election as an officer who has not been a Member of the Corporation in good standing for two (2) years.

President

The President shall be the chief executive officer of the Corporation, shall act as the spokesperson for the Corporation, and, in general, shall supervise and control all of the business and affairs of the Corporation. The President may sign, with the Secretary or any other proper Officer of the Corporation authorized by the Board of Directors, any deeds, mortgages, bonds, contracts, or other instruments or documents which the Board of Directors has authorized to be executed; shall be an ex-officio member of all committees, and shall perform all such other duties as are prescribed in these Bylaws, and as may be prescribed by the Board of Directors from time to time.

Vice President

The Vice President shall carry out such duties as assigned by the Board of Directors or the President. In the event of the death, resignation or removal of the President, the Vice President shall assume the office of President until the Board of Directors elects a successor to the President.

Secretary

The Secretary shall keep the minutes of the meetings of the Board of Directors; see that all notices are duly given in accordance with the provisions of these Bylaws or as required by law; be custodian of the corporate records and seal; and perform such other duties as from time to time may be assigned to the Secretary by the President or by the Board of Directors.

Treasurer

The Treasurer shall be responsible for all funds and securities of the Corporation; receive and give receipts for monies due and payable to the Corporation and deposit all such monies in the name of the Corporation in such banks, trust companies or other depositories as shall be selected in accordance with the provisions of these Bylaws; and perform such other duties as from time to time may be assigned to the Treasurer by the President or by the Board of Directors.

 

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