2018 Annual Meeting Proposed By-Law Changes

Marked Up

ARTICLE IV

BOARD OF DIRECTORS

Section 1. Board of Directors. The Board of Directors shall have fifteen (15) members: the five annually

(5) elected officers of CASRA (President, Executive Vice President, Vice President, Secretary and Treasurer), and ten (10) at-large Directors divided into three groups or classes, as provided in Section 3.b below. CASRA assignors are not eligible for nomination and election to the Board, as at-large directors only, limited to no more than two assignors serving at any one time. Assignors not elected to the Board shall receive notice of and shall have the right to attend and speak at all regular Board meetings, but shall not have the right to vote.  Any member of the Board of Directors who becomes an assignor during his/her term in excess of the above two-assignor limit shall immediately resign his or her position on the Board of Directors. Directors and elected officers shall be elected pursuant to Article VI below.

Change to Read

ARTICLE IV

BOARD OF DIRECTORS

Section 1. Board of Directors. The Board of Directors shall have fifteen (15) members: the five annually

(5) elected officers of CASRA (President, Executive Vice President, Vice President, Secretary and Treasurer), and ten (10) at-large Directors divided into three groups or classes, as provided in Section 3.b below. CASRA assignors are not eligible for nomination and election to the Board. Assignors shall receive notice of and shall have the right to attend and speak at all regular Board meetings, but shall not have the right to vote. Any member of the Board of Directors who becomes an assignor during his/her term shall immediately resign his or her position on the Board of Directors. Directors and elected officers shall be elected pursuant to Article VI below.