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By-Laws of National Ayurvedic
Medical Association
Principal Office
Section 1.01. The principal office of the Corporation
for its transaction of business is located in the County
of Santa Cruz, California
Change of Address
Section 1.02. The Board of Directors is hereby granted
full power and authority to change the principal office
of the Corporation from one location to another in California.
Any such change shall be noted by the Secretary in these
Bylaws, but shall not be considered an amendment of these
Bylaws.
Classification and Qualification of
Members
Section 2.01. The Corporation shall have seven (7) classes
of members as follows, unless otherwise stated by resolution
of the board:
Professional Member: This level is for those individuals who meet
NAMA requirements for providing private health care consultations
and therapies to the general public. This level is for
professional practitioners who meet the established criteria
applying to this level. This criteria will be voted on
by the board after receiving input from the general membership.
Educator Member: This
level is for those individuals who meet NAMA requirements
to teach basic Ayurvedic principles to the general public.
This member is not a practitioner of Ayurveda as defined
in section titled "Professional Level." These
requirements will be voted on by the board after receiving
input from the general membership.
Student Member: This level of membership is for students enrolled
in a state approved academic educational program who are
supportive of the mission, purpose and goals of this organization.
Benefactor Member: This level of membership is for anyone supportive
of the mission, purpose and goals of this organization
who wishes to support NAMA financially.
General Member: Prior to activation of Educator or Professional
membership levels, this level of membership is for anyone
supportive of the mission, purpose and goals of this organization.
When Professional and Educator Membership levels are activated,
General Members who meet requirements will transfer their
membership to the other levels.
Corporate:
For corporations supportive of the mission, purpose and
goals of NAMA that wish to support the organization
financially.
(Example, Ayurvedic pharma companies like Banyan, Ayush,
etc. as well as any other corporation that is supportive
of NAMA)
Educational:
For schools and/or educational institutions who are
supportive of the mission, purpose and goals of NAMA, and
who offer courses, seminars, workshops and/or
certifications of Ayurvedic programs and wishes to support
the organization financially.
(Example, any of the Ayurvedic schools, universities with
Ayurvedic studies programs, etc.)
Affiliate:
For any trade or business organization that supports the
mission, purpose and goals of NAMA that wish to support
the organization financially.
(Example, State Ayurvedic Associations, Yoga Associations,
Limited Liability Companies, Partnerships, etc.)
As defined in Section 5065 of the Corporations Code: a person or legal
entity shall not hold more than one membership.
Eligibility for Membership
Section 2.02. Any person who agrees with and is supportive
and sympathetic to the aims and ideals of the corporation
as set forth in the articles of incorporation, is eligible
to be a member of the Corporation
Admission to Membership
Section 2.03. Any person qualified for membership under
Section 2.01 of these Bylaws and eligible for membership
under Section 2.02 of these Bylaws, shall be admitted
to membership only on the approval of an application submitted
by such person in such form and in such manner as shall
be prescribed by the Board of Directors and on the payment
of the first annual dues as specified in Section 2.05
of these Bylaws. Approval shall be authorized only by
the Board of Directors or Membership Committee duly authorized,
by resolution, to admit members.
Application Fee
Section 2.04. The application fee for membership in the
corporation; shall be determined from time to time by
resolution of the Board of Directors.
Section 2.04 (a). Each member must submit both a mailing address and an
e-mail address if possible which may be used at the discretion
of the Board of Directors for any legitimate correspondence.
Dues
Section 2.05. Dues shall be payable for the first year
on admission to membership and annually thereafter at
such time or times as may be fixed by the Board of Directors.
A member, on learning of the amount of dues determined
by the Board of Directors and the time or times of payment
fixed by the Board of Directors, may avoid liability for
the dues by promptly resigning from membership, except
where the member is, by contract or otherwise, liable
for the dues.
Assessments
Section 2.06. Memberships shall non assessable.
Number of Members
Section 2.07. There shall be no limit on the number of
members the Corporation may admit.
Membership Book
Section 2.08. The Corporation shall keep in written form
[or in any form capable of being converted into written
form] a membership book containing the name, address,
and class of each member. The book shall also contain
the fact of termination and the date on which such membership
ceased. Such book shall be kept at the principal office
of the Corporation and shall be subject to the rights
of inspection required by law as set forth in Section
2.09 of these Bylaws.
Inspection Rights of Members and Use of Membership Book
Section 2.09. Members have no rights to view, copy or
use the membership list without the expressed written
permission of the Board of Directors. The membership list
may be used only with the approval of the Board of Directors
for legitimate business purposes including but not limited
to sale, trade or sharing. Individual members retain the
right to have their membership information remain private.
Certificates of Membership
Section 2.10. The Corporation reserves the right to issue
identity cards or membership certificates or similar devices
to members which serve to identify members qualifying
to use the facilities or services of the Corporation.
The certificates issued by the Corporation shall state on the certificate
that the Corporation is a nonprofit corporation which
may not make distributions to its members during its life
or on dissolution.
Non-liability of Members
Section 2.11. A member of the Corporation shall not
solely because of such membership be personally liable for the debts, obligations, or liabilities
of the Corporation.
Transferability of Membership
Section 2.12. Neither the membership in the Corporation
nor any rights in the membership may be transferred for
value or otherwise.
Termination of Membership
Causes
Section 2.13. (a) The membership and all rights of membership
shall automatically terminate on the occurrence of any
of the following causes:
(1) The voluntary resignation of a member with notice as prescribed by
Section 2.13(b) of these Bylaws;
(2) Where a membership is issued for a period of time,
the expiration of such period of time;
(3) The death of a member;
(4) The dissolution of corporate members;
(5) The nonpayment of dues [or assessments], subject to
the limitations set forth in Section 2.13(c) of these
Bylaws.
(6) Violations of code of conduct, breach of ethics or
other unprofessional or illegal conduct as determined
by the Board of Directors.
Resignation by Giving Notice
(b) The membership of any member of the Corporation shall
automatically terminate on such member's written request
for such termination delivered to the President or Secretary
of the Corporation personally or deposited in United States
first-class mail, postage prepaid.
Nonpayment of Dues
(c) The membership of any member who fails to pay his
or her dues when due shall automatically terminate. Notice
shall be given thirty days prior to expiration via e-mail
personally to such member or sent by first class mail
to the last address of such member as shown on the records
of the Corporation that termination of membership will
occur on that date.
Termination of Membership for Breach of Ethics or other Unprofessional
or Illegal Conduct
(d) If after review
by the Board of Directors or a committee appointed by
the Board for such purposes, it is determined that a member
should be terminated from membership in the corporation
because of a breach of ethics or other unprofessional
or illegal conduct, the member shall be given a thirty
(30) day's prior written notice of the termination stating
the reasons. A written appeal may be made by the member,
and must be received by the corporation not less than
fifteen (15) days before the effective date of the termination.
The member will be notified both personally and by first
class US mail, postage pre-paid of the acceptance or rejection
of the appeal within five (5) days of the receipt of the
written appeal. If the written appeal is rejected by the
corporation, the member may request a personal hearing
on the matter, and will be not less than two (2) days
before the effective date of the termination. The hearing
shall be conducted at a location designated by the Board
of Directors of the Corporation or by a sub-committee
selected by the Board for such purposes. The hearing shall
be presided over by the President of the Corporation or
the President's designee, who shall perform the following
duties:
(1) Read the charges against the subject member;
(2) Require that the charges be verified by the testimony
of the person or persons making them;
(3) Hear any other witnesses against the subject member;
(4) Allow the subject member to cross-examine each witness
following the testimony of that witness;
(5) Allow the subject member to make a statement in his
or her own behalf;
(6) Allow the subject member to call witnesses in his
or her own behalf; and
(7) Allow the members of the committee conducting the
hearing to question the witnesses after they have been
questioned by the subject member.
The committee conducting the hearing shall conduct the hearing in good
faith and in a fair and reasonable manner. The committee
shall have the exclusive power and authority to decide
whether or not the membership should be terminated.
Effect of Termination
(e)
All rights of a member in the Corporation shall cease
on the termination of such member's membership. Termination
shall not relieve the member from any obligation for charges
incurred, services or benefits actually rendered, dues,
or fees, or arising from contract or otherwise. The Corporation
shall retain the right to enforce any such obligation
or obtain damages for its breach.
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Place
Section 3.01. Meetings of members shall be held at the
principal office of the Corporation or at such location
as may be designated from time to time by resolution of
the Board of Directors
Regular
Meetings
Section 3.02. The members shall meet annually for the
purpose of transacting such proper business as may come
before the meeting, including the election of Directors
for such terms as are fixed in Section 4.03 of these Bylaws.
If the election of Directors shall not occur at any such
meeting of the members, or without a meeting by written
ballot pursuant to Section 3.11 of these Bylaws, the Board
shall or five (5) percent of the members may cause the
election of Directors to be held at a special meeting
of members called and held as soon as it is reasonably
possible after the adjournment of the regular meeting
of the members.
Special
Meetings
Section 3.03. Special meetings of members shall be called
by the Board of Directors or the Chairman of the Board
or the President of the Corporation and held at such place
as may be ordered by resolution of the Board of Directors
or by twenty (20) percent of the members of the
Corporation].
Notice
of Meetings
Section 3.04. Written notice of every meeting of members
shall be either personally delivered or mailed by first-class
[or registered or certified] United States mail, postage
prepaid, or e-mail, 30 to 90 days before
the date of the meeting to each member who on the record
date for notice of the meeting is entitled to vote thereat.
In the case of a specially called meeting of members,
notice that a meeting will be held at a time requested
by the person or persons calling the meeting shall be
sent to the members within twenty (20) days after the
request was received. The meeting shall occur not less
than thirty five (35) days nor more than ninety (90) days
after receipt of the written request from such person
or persons by the Chairman of the Board of the Corporation.
No meeting of members may be adjourned more than one
day. If a meeting is adjourned to another time or
place, and thereafter a new record date is filed for notice
or voting, a notice of the adjourned meeting shall be
given to each member of record who, on the record date
for notice of the meeting, is entitled to vote at the
meeting.
Contents of
Notice
Section 3.05. The notice shall state the place, date,
and time of the meeting. The notice shall state those
matters which the Board of Directors, at the time the
notice is given, intends to present for action by the
members. The notice of any meeting at which Directors
are to be elected shall include the names of all those
who are nominees at the time the notice is given to the
members.
Waivers, Consents,
and Approvals
Section 3.06. The transactions of any meeting of members,
however called and noticed, and wherever held, shall be
as valid as though had at a meeting duly held after regular
call and notice if a quorum is present in person and if,
either before or during the meeting, each of the persons
entitled to vote but not present in person, signs a written
waiver of notice, a consent to the holding of the meeting,
or an approval of the minutes of the meeting. All such
waivers, consents, and approvals shall be filed with the
corporate records or made a part of the minutes of the
meeting.
Quorum
Section 3.07. A quorum at any meeting of members shall
consist of twenty five (25) percent of the voting power,
represented in person. For purposes of this bylaw, "voting
power'' means the power to vote for the election of directors
at the time any determination of voting power is made
and does not include the right to vote on the happening
of some condition or event which has not yet occurred.
Loss
of Quorum
Section 3.08. The members present at a duly called or
held meeting at which a quorum is present may continue
to transact business until adjournment notwithstanding
the withdrawal of enough members to leave less than a
quorum, if such action taken, other than adjournment,
is approved by at least a majority of members required
to constitute a quorum.
Adjournment
for Lack of Quorum
Section 3.09. In the absence of a quorum, any meeting
of members may be adjourned from time to time by the vote
of a majority of the votes represented either in person,
but no other business may be transacted except as provided
in Section 3.08 of these Bylaws.
Voting
of Membership
Entitlement
Section 3.10. (a) Each voting member is entitled to one
vote on each matter submitted to a vote of the members.
Record
Date of Membership
(d) The date as the record date for the purposes of determining
the members entitled to notice of and to vote at any meeting
of members shall be no less that thirty days before the
date of the meeting.
Cumulative
Voting
(e) Cumulative voting shall not be authorized for the
election of directors or for any other purpose.
Proxy
Voting
(f) Proxy voting shall not be authorized for any purpose.
Action
Without Meeting by Written
Ballot
Ballot Requirements
Section 3.11(a) Subject to the limitations specified in
Section 3.11(b) of these Bylaws and contained in the Articles
of the Corporation, any action which may be taken at any
regular or special meeting of members may be taken without
a meeting provided there is satisfaction of the following
ballot requirements:
(1) The Corporation
distributes a written ballot to every member entitled
to vote on the matter;
(2) The ballot shall set forth the proposed action, provide
an opportunity to specify approval or disapproval of any
proposal, and provide a reasonable time within which to
return the ballot to the corporation;
(3) The number of votes cast by ballot with the time period
specified equals or exceeds the quorum required to be
present at a meeting authorizing the action; and
(4) The number of approvals equals or exceeds the number
of votes that would be required to approve at a meeting
at which the total number of votes cast was the same as
the number of votes cast by ballot.
Limitations
Pertaining to Election of
Directors
[Where directors will be or may be elected by written
ballot:]
(b) Directors
may be elected by written ballot as authorized in the
Articles of the Corporation.
Solicitation
of Ballots
(c) Ballots shall be solicited in a manner consistent
with the requirements of giving notice of members' meetings
set forth in Section 3.04 of these Bylaws and of voting
by written ballot set forth in Section 3.11(d) of these
Bylaws. All such solicitations shall indicate the number
of responses needed to meet the quorum requirement The
solicitation shall specify the time by which the ballot
must be received in order to be counted.
Voting
by Written Ballot
(d) In any election of Directors, any form of written
ballot in which the Directors to be voted on are named
therein as candidates and which is marked by a member
``withheld'' or otherwise marked in a manner indicating
that the authority to vote for the election of Directors
is withheld shall not be voted either for or against the
election of a Director.
Revocation
of Ballot
(e) A written ballot may not be revoked.
Conduct
of Meetings
Chairman
Section 3.12. (a) The President of the Corporation or,
in his or her absence, any other person chosen by a majority
of the Board members present in person shall be Chairman
of and shall preside over the meetings of the members.
Secretary
of Meetings
(b) The Secretary of the Corporation shall act as the
secretary of all meetings of members; provided that in
his or her absence, the Chairman of the meetings of members
shall appoint another person to act as secretary of the
meetings.
Rules
of Order
(c) The Robert's Rules of Order, as may be amended from
time to time, shall be used as a guide to govern the meetings
of members but need not be strictly adhered to, insofar
as such rules are not inconsistent with or in conflict
with these Bylaws, or the Articles of Incorporation of
this Corporation.
Inspectors
of Election
Appointment
Section 3.13. (a) In advance of any meeting of members,
the Board may appoint any persons, other than candidates
for office, as inspectors of election to act at the meeting
and any adjournment thereof. If the inspectors of election
are not so appointed, or if any persons so appointed fail
to appear or refuse to act, the Chairman of any meeting
may, and on request of 10% of the members must appoint
inspectors of election at the meeting. The number of inspectors
shall be either one (1) or three (3).
Duties
(b) The inspectors of election shall perform the following
duties:
(1) Determine
the number of voting memberships outstanding and the voting
power of each, the number represented at the meeting,
the existence of a quorum.
(2) Receive votes, ballots, or consents;
(3) Hear and determine all challenges and questions in
any way arising in connection with the right to vote;
(4) Count and tabulate all votes and consents;
(5) Determine when the polls shall close;
(6) Determine the result; and
(7) Do such acts as may be proper to conduct the election
or vote with fairness to all members.
The Inspectors
shall perform their duties impartially, in good faith,
to the best of their ability, and as expeditiously as
is practical.
Vote
of Inspectors
(c) If there are three (3) inspectors of election, the
decision, act, or certificate of a majority is effective
in all respects as the decision, act, or certificate of
all.
Report
and Certificate
(d) On request of the Chairman or any member, the inspectors
of election shall make a report in writing concerning
the performance of their duties and execute a certificate
of any fact found by them. Any report or certificate made
by the inspectors shall be prima facie evidence of the
facts stated therein.
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Number
Section 4.01. The Corporation shall have not less than
three (3) nor more than twelve (12) Directors. The Directors
shall be known as the Board of Directors.
Qualifications
Section 4.02. The Directors of the Corporation shall be
residents of the United States. With the exception of
the initial Directors, the Directors shall also be members
of the Corporation. When the Professional Membership level
has been activated, then in subsequent elections 50% of
the Directors must be Professional Members.
Terms of Office
Section 4.03. Directors terms and
elections shall be so constructed such that only one third
(1/3) of the total possible number of Directors is newly
elected each year. Each Director shall hold office for
three years from the date of election until the next (annual)
meeting of members as prescribed by Section 3.02 of these
Bylaws and until the Director's successor is elected and
qualifies under Section 4.02 of these Bylaws.
At the initial election of Directors:
The four (4) Founding Directors will serve for
three (3) year terms and up to four (4) additional new
Directors will be elected to serve two (2) year terms
and up to four (4) additional new Directors will be elected
to serve one (1) year terms.
Nomination
Section 4.04. Any person qualified to be a Director under
Section 4.02 of these Bylaws may be nominated by the method
of nomination authorized by the Board.
Election
Section 4.05. The Directors shall be elected by the members
at each annual meeting as prescribed by Section 3.02 of
these Bylaws or by written ballot as authorized by Section
3.11 of these Bylaws. The candidates receiving the highest
number of votes are elected. Directors shall be eligible
for reelection without limitation on the number of terms
they may serve, provided they continue to meet the qualifications
required by Section 4.02 of these Bylaws.
Compensation
Section 4.06. The Directors shall serve without compensation
except that by resolution approved by two-thirds of the
Board they shall be allowed and paid their actual and
necessary expenses incurred in attending meetings of the
Board or other provisions allowing partial compensation.
The compensation of the Directors may be fixed from time
to time by resolution of the Board and approved by the
vote or written consent of a 2/3 majority of the Board
of Directors of the corporation.
Meetings
Call of Meetings
Section 4.07. (a) Meetings of the Board may be called
by the Chairman of the Board or the President or any Vice-President
or the Secretary or any two (2) Directors.
Place of Meetings
(b) All meetings of the Board shall be held at the principal
office of the Corporation or by any method or any place
whereby all Board members can participate in real time,
as specified in Section 1.01 of these Bylaws or as changed
from time to time as provided in Section 1.02 of these
Bylaws.
Time of Regular Meetings
(c) Regular meetings of the Board shall be held, with
call or notice, twice a year at the location specified
in 4.07 (b), including immediately following each annual
meeting of the members of the Corporation as set forth
in Section 3.02 of these Bylaws. Times and places and
methods of regular meetings shall be posted on the NAMA
web site.
Special Meetings
(d) Special meetings of the Board may be called by the
Chairman of the Board or the President or any Vice-President
or the Secretary or any two (2) Directors. The special
meeting may be held on twenty four (24) hours notice
if all directors have been notified by various means and
if two-thirds of directors acknowledge receiving notice
, or the meeting may be held on thirty (30) days' notice
if all directors are notified personally by first class
mail, telephone or e-mail.
Quorum
(e) A majority of the currently
serving number of Directors constitutes a quorum of the
Board for the transaction of business, except as hereinafter
provided.
Transactions of Board
(f) Except as otherwise provided in the Articles, in these
Bylaws, or by law, every act or decision done or made
by a majority of the Directors present at a meeting duly
held at which a quorum is present is the act of the Board,
provided, however, that any meeting at which a quorum
was initially present may continue to transact business
notwithstanding the withdrawal of Directors if any action
taken is approved by at least a majority of the required
quorum for such meeting.
Conduct of Meetings
(g) The Chairman of the Board or, in his or her absence,
any Director selected by the Directors present shall preside
at meetings of the Board of Directors. The Secretary of
the Corporation or, in the Secretary's absence, any person
appointed by the presiding officer shall act as Secretary
of the Board. Members of the Board may participate in
a meeting through use of conference telephone or similar
communications equipment, so long as all members participating
in such meeting can hear one another or communicate in
real time. Such participation shall constitute personal
presence at the meeting.
Adjournment
(h) A majority of the Directors present, whether or not
a quorum is present, may adjourn any meeting to another
time and place. If the meeting is adjourned for more than
twenty-four (24) hours, notice of the adjournment to another
time or place must be given prior to the time of the adjourned
meeting to the Directors who were not present at the time
of the adjournment.
Action Without Meeting
Section 4.08. Any action required or permitted to be taken
by the Board may be taken without a meeting, if all members
of the Board individually or collectively consent in writing
to such action. Such written consent or consents shall
be filed with the minutes of the proceedings of the Board.
Such action by written consent shall have the same force
and effect as the unanimous vote of such Directors.
Removal of Directors
Removal for Cause
Section 4.09. (a) By unanimous written consent of all
the other directors, the Board may declare vacant the
office of a Director on the occurrence of any of the following
events:
(1) The Director has been declared of unsound mind by a final order of
court;
(2) The Director has been convicted of a felony; or
(3) The Director has been found by a final order or judgment
of any court to have breached duties imposed by Section
7238 of the Corporations Code on directors who perform
functions with respect to assets held in charitable trust,
or
(4) Should
a Board Member miss three consecutive Regular Board Meetings
or a total of four Regular Board Meetings within any 12
monthly period, the Board of Directors will at its next
Board Meeting discuss the Board Members absence and in
light of that member’s contributions, will use its highest
wisdom to decide whether or not it is in the best interests
of NAMA to remove that member.
Removal Without Cause
(b) Any or all of the Directors may be removed without
cause by a vote of two-thirds (2/3) of the membership,
or by unanimous written consent of all of the other Directors.
Resignation
of Director
Section 4.10. Any Director may resign effective on giving
written notice to the Chairman of the Board of Directors,
the President, the Secretary, or the Board of Directors
of the Corporation, unless the notice specifies a later
time for the effectiveness of such resignation. If the
resignation is effective at a future time, a successor
may be elected to take office when the resignation becomes
effective.
Vacancies
in the Board
Causes
Section 4.11. (a) Vacancies on the Board of Directors
shall exist on the death, resignation, or removal of any
Director; whenever the number of Directors authorized
is increased; and on the failure of the members in any
election to elect the full number of Directors authorized.
Filling
Vacancies by Directors
(b) Except as otherwise provided in the Articles or these
Bylaws and except for a vacancy created by the removal
of a Director pursuant to Section 4.09 of these Bylaws,
vacancies on the Board of Directors may be filled by unanimous
approval of the Board of Directors. The term of office
shall be only until the next election of Directors if
appointed by the current Board of Directors.
Filling
Vacancies by Members
(c) Vacancies created by removal of Directors may be filled
by the unanimous written consent of the remaining Directors
or by the majority vote of the members. The members may
elect a Director at any time to fill any vacancy not filled
by the Directors. The term of office shall be only until
the next election of Directors if appointed by current
Board of Directors.
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Number and Titles
Section 5.01. The officers of the Corporation shall be
a President, a Secretary, and a Treasurer, and such other
officers with such titles and duties as shall be determined
by the Board and as may be necessary to enable it to sign
instruments.
Appointment and Resignation
Section 5.02. The officers shall be chosen by and serve
at the pleasure of the Board, subject to the rights, if
any, of an officer under any contract of employment. Any
officer may resign at any time on written notice to the
Corporation without prejudice to the rights, if any, of
the Corporation under any contract to which the officer
is a party.
Description of Officers
The President
The President shall have the general powers and duties
usually vested in the office of President of a corporation
including but not necessarily limited to the responsibility
of general supervision, direction and control of the business
of the corporation, and shall have such other powers and
duties not inconsistent with these Bylaws as may be assigned
to him or her from time to time by the Board of Directors.
The Secretary
The Secretary shall have the general powers and duties
usually vested in the office of Secretary of a corporation
including but not necessarily limited to the responsibility
for keeping or causing to be kept all records and documents
of the Corporation, including minutes of the meetings
of the Board, and shall have such other powers and duties
not inconsistent with these Bylaws as may be assigned
to him or her from time to time by the Board of Directors.
The Treasurer
The Treasurer shall be responsible for all funds and securities
of the Corporation and shall have the general powers and
duties usually vested in the Office of Treasurer of a
corporation including the powers and duties to supervise
the receipt, deposit and disbursement of all funds of
the corporation, the keeping of all books and financial
records of the corporation, and the preparation of reports
on the financial status of the corporation, and shall
have such other powers and duties not inconsistent with
these Bylaws as may be assigned to him or her from time
to time by the Board of Directors or the Chairperson.
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Keeping Records
Section 6.01. The Corporation shall keep adequate and
correct records of account and minutes of the proceedings
of its members, Board, and committees of the Board. The
Corporation shall also keep a record of its members giving
their names and addresses and the class of membership
held by each. The minutes shall be kept in written form.
Other books and records shall be kept in either written
form or in any other form capable of being converted into
written form.
Annual Report
Section 6.02. The Corporation shall notify each member
yearly of the ember's right to receive a financial report
pursuant to Corporations Code Section 8321(a). Except
where the Corporation does not have more than ten thousand
dollars ($10,000) in gross revenue during the fiscal year,
on the written request of a member the board shall promptly
cause the most recent annual report to be sent to the
requesting member. The annual report shall be prepared
not later than one hundred and twenty (120) days after
the close of the Corporation's fiscal year. The annual
report shall contain in appropriate detail the following:
(1) a balance sheet as of the end of such fiscal year
and an income statement and statement of changes in financial
position for such fiscal year; (2) a statement of the
place where the names and addresses of the current members
are located; and (3) any information concerning certain
transactions and indemnification required by Corporations
Code Section 8322. The annual report shall be accompanied
by any report thereon of independent accountants or, if
there is not such a report, the certificate of any authorized
officer of the Corporation that such statements were prepared
without audit from the books and records of the Corporation.
Annual Statement of Certain Transactions and Indemnifications
Section 6.03. The corporation shall make available annually
to its members a statement of any transaction with interested
parties over $50,000, and loans, guarantees, indemnifications
and advances made to an interested party totaling more
than $10,000 during the fiscal year. Notwithstanding the
above, the corporation shall make available annually to
its members, affixed to the annual report, a statement
of any financial disbursement to interested parties over
$1,000.
Corporate Seal
Section 6.04. The Board of Directors shall adopt a corporate
seal, which shall include the name: National Ayurvedic
Medical Association. The Secretary of the Corporation
shall have the custody of the seal and affix it in all
appropriate cases to all corporate documents. Failure
to affix the seal shall not, however, affect the validity
of any instrument.
We, the undersigned, are all founding directors of National Ayurvedic
Medical Association, a California Nonprofit Corporation,
and, pursuant to the authority granted to the directors
by these Bylaws to take action by the unanimous written
consent without a meeting, consent to, and hereby do,
adopt the foregoing Bylaws, consisting of fifteen (15)
pages, as the Bylaws of this corporation.
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ARTICLE
VII: AMENDMENTS
Amendment of Articles of Incorporation
Section 7.01. Except
as otherwise provided by law or these Bylaws, the Articles
of Incorporation of the National Ayurvedic Medical Association
may be altered, amended, repealed or restated by an affirmative
vote of two thirds (2/3) of the Directors serving at the
time, provided that written notice of a meeting, setting
forth in detail the proposed revisions and an explanation
of the effect of the revision and the need for it, is
given to all directors at least seven (7) days prior to
the meeting. The final language of the amendments shall
be in the form of a Resolution of the Board of
Directors of the
National Ayurvedic Medical Association, adopted
by the Board of Directors of the
National Ayurvedic Medical Association, according
to its Bylaws and signed by the President and Secretary.
Amendment of Bylaws
Section 7.02. Except
as otherwise provided by law or these Bylaws, the Bylaws
of the National Ayurvedic Medical Association may be altered,
amended, repealed or restated by an affirmative vote of
two thirds (2/3) of the Directors serving at the time,
provided that written notice of a meeting, setting forth
in detail the proposed revisions and an explanation of
the effect of the revision and the need for it, is given
to all directors at least seven (7) days prior to the
meeting. The final language of the amendments shall be
in the form of a Resolution of the Board of Directors
of the National
Ayurvedic Medical Association, adopted by the Board
of Directors of the
National Ayurvedic Medical Association, according
to its Bylaws and signed by the President and Secretary.
Dated: September 1, 2000
Including Resolutions:
Section 4.07(e) January 16, 2003
Article 7 Section 7.01 and Section 7.02 January 16, 2003
Section 4.01 and 4.03 January 16, 2003
Section 4.09(a)(4) July 27, 2004
Section 2.01 April 10, 2008
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updated: 2008-05-05
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