15-1979 - First annual meeting; members; officers; by-laws.

§ 15-1979. First annual meeting; members; officers; by-laws.    1.  Upon  filing  and  recording, the articles of association shall be  deemed to be in effect and  the  drainage  section  association  created  thereby  shall  have  the  power  and  authority  and  shall  assume the  liabilities conferred and imposed by  title  19  of  this  article.  The  temporary  secretary  shall  notify all members by mail of the time, not  more than ten days after such filing and recording, and of the place  of  the  first  annual  meeting  of the association, at which time permanent  officers shall be elected for the coming year.    2. The original membership of the association  shall  consist  of  the  signers  of  the  articles of association. Membership shall cease when a  member dies or when he divests himself of the entire  drainable  acreage  owned  by  him.  Grantees,  devisees  and heirs of the fee of a member's  entire drainable acreage shall be members and entitled to all the rights  of membership, and they shall be bound by the articles  of  association.  Grantees,  devisees  and  heirs  of  the  fee  of  a  part of a member's  drainable acreage shall be members, shall be entitled to all the  rights  of  membership,  shall be bound by the articles of association and shall  be liable in the proportion that such granted, devised or inherited part  bears to the total of the drainable acreage of the member from whom they  have taken title.    3. The officers of the association shall be members thereof and  shall  consist  of  a president, vice-president, and secretary-treasurer. If an  officer's membership in the association shall terminate, the association  shall call a special meeting to elect his successor for the remainder of  the term for which he was elected. The term of office  of  all  officers  shall be one year.    4.  The  association  shall adopt at the first annual meeting by-laws,  not inconsistent with law or  with  the  articles  of  association.  The  by-laws  shall  fix  the  time  and  place of future annual meetings and  regular meetings of the association and shall provide  for  the  calling  and  holding  of  special meetings; shall provide the number of members,  not less than one-third, to constitute a quorum at its  meetings;  shall  provide  the  method  of  conduct of elections of its officers at annual  meetings; shall provide the form of notice, in writing, to be  given  to  all  members  of  the  amount  of assessment due to pay the debts of the  association, and to  pay  all  costs,  expenses,  fees  and  damages  as  provided  in  the  articles  of  association;  and  may  provide for the  imposition and collection of  annual  dues  and  for  any  other  matter  necessary to carry out the conduct of the affairs of the association.