ARTICLE X - BOARD OF DIRECTORS

10-1.0  Governing Body. The property, business, and affairs of LanCode shall be managed and transacted by a Board of Directors composed of the following: President, Vice President, Secretary, Treasurer, and the Immediate Past President, and two additional members elected by the membership. 

10-2.0 The duties of the Board of Directors shall be as follows: 

  10-2.1 It shall authorize all expenditures and shall not create any indebtedness beyond the income of LanCode, nor disburse funds for purposes non-essential to the objectives of LanCode. 

  10-2.2  A majority vote of the Board of Directors shall govern except where otherwise provided. The Board of Directors shall have the power to overrule or modify the action of any officers of the organization. 

  10-2.3 It shall have the books and accounts audited in February of each year, or more often at its discretion. 

  10-2.4  It shall determine the date, time and place of the annual nomination and election meeting and shall instruct the Secretary to issue the call for such meeting. 

  10-2.5  It shall hold such meetings as deemed necessary for the administration of its duties. 

  10-2.6  It shall hold special meetings when called by the President, or by written request of five members of the organization. 

  10-2.7 It shall designate a bank or banks for deposit of funds. 

  10-2.8  It shall receive committee reports and recommendations, and shall submit approved recommendations to LanCode at regular meetings.