Proposed changes to Golden Rain Foundation bylaws up for vote

Editor’s Note: Every Leisure World residence will receive a ballot this election cycle asking for a vote on a GRF bylaw amendment that preserves the community’s traditional custom that only members of a Mutual can vote on their Mutual’s GRF representative. The proposed revision is below. See page 1 for more information.

ARTICLE I.

General Purpose and Offices

No Changes

ARTICLE II.

Membership No Changes

ARTICLE III.

Meetings of Members Section 3. Notice of Meetings. Notice of meetings, annual or special, shall be given in writing not less than ten nor more than sixty days before the date of the meeting, to members entitled to vote thereat by the Secretary or the Assistant Secretary, or if there is no such officer, or in the case of his that person’s neglect or refusal, by any Director or Member.

Such notices or any reports shall be given personally or by mail or other means of written communication and shall be sent to the member's address appearing on the books of the corporation or supplied by him the Member to the corporation for the purpose of notice, and in the absence of said address as herein provided, such notice shall be given as provided in Section 601 of the California Corporations Code.

If a member supplies no address, notice shall be deemed to have been given to him the member if mailed to the place where the principal executive

Office of the corporation, in California, is situated, or published at least once in some newspaper of general circulation in the County of said principal office.

Section 9. Quorum a. The presence in person or by proxy or ballot of 33 1/3% (33.33%) of the members of record in good standing at any meeting shall constitute a quorum for the transaction of business at said meeting except for the election of directors whereby quorum is based on 33 1/3% (33.33%) of the members of record in good standing of the Mutual that is voting for their respective GRF director representative, not all GRF members.

Section 13. Inspectors of Election In advance of any meeting of Members the Board of Directors may, if they so elect, appoint inspectors of election to act at such meeting or any adjournments thereof. If inspectors of election be not so appointed, the chair chairman of any such meeting may, and on the request of any Member or his proxy shall, make such appointment at the meeting in which case the number of inspectors shall be either one or three as determined by a majority of the members represented at the meeting, ARTICLE IV.

Officers No Changes

ARTICLE V.

Board of Directors No Changes

ARTICLE VI.

Election of Directors No Changes

ARTICLE VII.

Duties of Officers Section 2. Vice-President. It shall be the duty of the Vice-President to preside at meetings of the Corporation and Board of Directors in the absence of the President and to perform such other duties as ordinarily pertain to this his office.

Section 4. Treasurer It shall be the duty of the Treasurer to account for all funds to the corporation at its annual meetings and at any other time upon demand by the Board of Directors, and to perform such other duties as pertain to such office. Upon his retirement from office, he the Treasurer shall turn over to the Treasurer’s his successor or to the President all funds, books of accounts or any other Corporation property in his possession.

ARTICLE VIII.

Committees The President shall appoint such standing or special committees as may be provided by resolution of the Board of Directors, or as he the President may deem necessary for the administration of the affairs of the Corporation, and to carry out the purposes of the Corporation, subject to the approval of the Board of Directors.

ARTICLE IX

Finance No Changes

ARTICLE X.

Miscellaneous Section 2. Inspection of Records. The books of account and minutes of proceedings of the members and directors shall be open to inspection upon the written demand of any member at all reasonable times during office hours, and for a purpose reasonably related to his the person’s interest as a member. Such demand shall be made in writing upon the President or Secretary of the Corporation.