Section 3. Except as provided in Article XI, Section 3, a quorum at any membership meeting shall be the presence of Members in person or by proxy representing twenty-five percent (25%) of the total votes entitled to be cast at such meeting. If the required quorum is not forthcoming at any meeting, another meeting may be called and the required quorum at any such subsequent meeting shall be one-half of the required quorum at the preceding meeting. No such subsequent meeting shall be held more than sixty (60) days following the preceding meeting.
Section 4. The order of business at meetings of the Members of the organization shall be substantially as follows:
(a) Roll call, determination of quorum and agenda.
(b) Proof of notice of meeting or waiver of notice.
(c) Reading of the minutes of the preceding meeting.
(d) Reports of officers.
(e) Reports of committees.
(f) Election of Directors (if applicable).
(g) Old business.
(h) New business.
Section 1. The business affairs of the organization shall be managed by its Board of Directors. The Board of Directors shall in all cases act as a board and they may adopt such rules and regulations for the conduct of their meetings and the management of the organization, as they may deem proper, not inconsistent with these By-Laws and the laws of the Commonwealth of Virginia. The Board of Directors may also adopt rules and regulations for the use and enjoyment of the Common Area.
Section 2. The Board of Directors shall consist of three Directors. Each Director shall hold office until the next annual meeting of the Members and until his successor shall have been elected and qualified.
Section 3. An annual meeting of the Board of Directors shall be held without other notice than this By-Law immediately after, and at the same place as, the annual meeting of the Members. The Directors may provide, by resolution, the time and place for
