The directors by resolution may fix the reasonable remuneration of the directors, officers and employees. Any director, officer or employee may receive reimbursement for their expenses incurred on behalf of the Corporation. 5.13 Borrowing Powers The Board may without the authorization of the Members: Borrow money on the credit of the Corporation. Issue, reissue, sell, pledge or hypothecate debt obligations of the Corporation. Give guarantee on behalf of the Corporation. Mortgage or otherwise create a security in all or any property of the Corporation, owned or subsequently acquired, to secure any debt obligation of the Corporation. Authorize expenditures on behalf of the Corporation and delegate by resolution to an officer or officers such authority to such a maximum amount as determined by the Employ or pay salaries. For the purposes of furthering the mission of the Corporation, acquire, accept, solicit or receive legacies, gifts, grants, settlements, bequests, endorsements and donations of any kind on behalf of the Corporation. Article V1 Committees 6.1 Executive Committee The Board appoints managing directors as executive committee to act for Board. 6.2 Nominating Committee Committee chaired by past president is responsible to: Propose slate of candidates. Identify potential experienced candidates from CSAM Membership. 6.3 Other Committees appoints other committees as needed.
The directors by resolution may fix the reasonable remuneration of the directors, officers and employees. Any director, officer or employee may receive reimbursement for their expenses incurred on behalf of the Corporation. 5.13 Borrowing Powers The Board may without the authorization of the Members: Borrow money on the credit of the Corporation. Issue, reissue, sell, pledge or hypothecate debt obligations of the Corporation. Give guarantee on behalf of the Corporation. Mortgage or otherwise create a security in all or any property of the Corporation, owned or subsequently acquired, to secure any debt obligation of the Corporation. Authorize expenditures on behalf of the Corporation and delegate by resolution to an officer or officers such authority to such a maximum amount as determined by the Employ or pay salaries. For the purposes of furthering the mission of the Corporation, acquire, accept, solicit or receive legacies, gifts, grants, settlements, bequests, endorsements and donations of any kind on behalf of the Corporation. Article V1 Committees 6.1 Executive Committee The Board appoints managing directors as executive committee to act for Board. 6.2 Nominating Committee Committee chaired by past president is responsible to: Propose slate of candidates. Identify potential experienced candidates from CSAM Membership. 6.3 Other Committees appoints other committees as needed.
CSAM-Bylaw-Summary-2016.docx