BYLAWS

FMC

Frankfort Mustangs Club, Inc.

 

I.          Name and Purpose. The name of this organization is Frankfort

            Mustangs Club, Incorporated. The club’s purpose is to promote the

            enjoyment and preservation of Ford Mustang automobiles.

 

II.         Incorporation. The club will function as a non-profit corporation

            Under the laws of the Commonwealth of Kentucky.

 

III.       Membership. Club membership – including participation in club

            activities, the ability to serve as a club officer, receipt of the club

            newsletter, and the privilege of voting in regard to club affairs –

            is open to all persons who are Ford Mustang automobile

            enthusiasts, and who remain current in the payment of club dues.

 

IV.       Dues. Annual dues in the amount of $15.00 for each member or each

            family are due on the first day of July of each year. Dues should be

            paid directly to the club treasurer. The treasurer will prorate dues by

            the month over the course of each July-through-June club fiscal year.

            In the event of the dissolution of the club, funds in the treasury will be

            donated to another non-profit corporation.

 

V.        Officers. The officers of the Frankfort Mustangs Club and their duties

            are as follows:

 

              President – The president is the chief executive officer of the club.

              The president’s duties include presiding over club meetings, general

              supervision of club activities, maintenance of relations between the

              club and other entities, appointing of committees as required, and

              other duties as may be necessary to the successful accomplishment

              of the mission of the club.

 

              Vice President – The vice-president is the primary assistant to the

              president who serves in the absence of incapacity of the president

              and performs special functions at the request of the president.

 

              Secretary/Treasurer – The Secretary/Treasurer maintains records

              of club meetings and activities, collects membership dues,

              establishes and maintains the club bank account, reports regularly

              on club financial matters, and supervises the financial aspects of

              special events and fund-raising activities.

 

              Newsletter Editor/Webmaster – The newsletter editor/webmaster

              is responsible for communications within the club and for public

              relations on behalf of the club. The editor/webmaster will publish

              and distribute a monthly club newsletter. The editor/webmaster will

              establish and maintain an internet website for the club.

 

              Road Manager – The road manager will supervise club events that

              involve group travel – including establishing contacts, setting

              schedules and rendezvous points, arranging meals and

              accommodations, and taking other actions intended to enhance the

              enjoyment and safety of out-of-town club activities.

 

              Directors – The club will elect three directors who will fulfill the

              obligations of non-profit corporation directors under the laws of

              the Commonwealth of Kentucky.

 

VI.       Meetings. Club meetings will be held once each month at a regular

            time and place convenient to the members of the club. One-half of

            the current, dues-paid club membership constitutes a quorum for the

            conduction of any club business at any meeting.

 

VII.     Elections. Club officers will be elected for one-year terms each year

            at the July meeting. There is no limit to the number of terms that an

            officer may serve. All dues-paid members are eligible to hold club

            offices.

 

VIII.    Amendments. These bylaws may be amended by a majority vote of

           the members present at any regularly scheduled meeting, so long as

notification of the suggested change has been provided to all members

in writing no less than thirty days prior to that meeting.