Meetings of Members

SECTION 1. ANNUAL MEETING.

An annual meeting of the members shall be held at a time to be determined by the board of directors.

SECTION 2. SPECIAL MEETING.

Special meetings of the members may be called by the board of directors.

SECTION 3. PLACE OF MEETING.

The board of directors may designate any place, either within or without the State of Louisiana, as the place of meeting for any annual meeting or for any special meeting called by the board of directors.

SECTION 4. NOTICE OF MEETINGS.

Written or printed notice stating the place, day and hour of any meeting of members shall be delivered, either personally or by mail, to each member entitled to vote at such meeting, at least two months before the date of such meeting, by or at the direction of the president, or the officers or persons calling the meeting. Whenever a special meeting is called or when there is a meeting required by statute or by these by-laws, the purpose for the meeting shall be stated in the notice. If mailed, the notice of a meeting shall be deemed delivered when deposited in the United States mail addressed to the member at his address as it appears on the records of the corporation, with postage thereon prepaid.

SECTION 5.

INFORMAL ACTION BY MEMBERS. by written petition of ten percent of the membership received within sixty days following a business meeting, the secretary-treasurer may be directed to submit any action taken in the business meeting to the membership by mail ballot for ratification. If supported by a majority of the marked ballots returned, the action shall stand; otherwise it shall be declared null and void.

SECTION 6. QUORUM.

The members holding one-tenth of the votes which may be cast at any meeting shall constitute a quorum at such meeting. If a quorum is not present at any meeting of the members, a majority of the members present may adjourn the meeting from time to time without further notice.