Article XI - Miscellaneous
Section 11.01. Membership in Other Organizations
The Association may become a member of any and all other organizations as the Board of Directors may determine shall be to the best interest of the Association, and the directors shall have full power and authority to authorize the Association to purchase stock in or to become a member of any corporation or association organized in a nonprofit basis for the purpose of engaging in rural electrification, industrial or economic development, or other worthwhile non-profit endeavors. The Association may make contributions to non-profit, charitable, or civic organizations or drives, and the Board of Directors may, by resolution or order, authorize the General Manager to act for the Association in this regard. The directors shall also have full power and authority to subscribe for and on behalf of the Association, on an annual basis or otherwise to “Today in Mississippi” and any and all other publications as may be determined by the directors, and payment for such publication subscriptions shall be made of and from funds accruing in each member’s favor.
Section 11.02. Waiver of Notice
Any member or director may waive, in writing, any notice required to be given by these bylaws, and such waiver may be executed either prior to or on the date of the meeting. In case of a joint membership, a waiver or notice signed by either husband or wife shall be deemed a waiver of notice of such meeting by both joint members.
Section 11.03. Fiscal Year
The fiscal year of the Association shall begin on the first day of July of each year and end on the last day of June of the following year.
Section 11.04. Seal
The corporate seal of the Association shall be in the form of a circle and thereon shall be inscribed the name of the Association and the words “Corporate Seal, Mississippi”.
Section 11.05. Amendments
These bylaws may be altered, amended, or repealed by the affirmative vote of not less than 2/3 of all the directors. This may be done at any regular meeting or special meeting, provided the notice of such meeting shall have contained a proposed alteration, amendment, or repeal.
Section 11.06. Robert’s Rules of Order
Parliamentary procedure shall be governed by the most recent edition of Robert’s Rules of Order at all Association meetings, including committee meetings which may be duly established by the Board of Directors, except to the extent such procedure is otherwise determined by law or by the Association’s Certificate of Incorporation or these bylaws.