It is election time again! Lotus, Ltd. is requesting nominations for the following 5 positions:
President
Treasurer
Corresponding Secretary
Director at Large
Director at Large
Duties of the President: The president shall be the chief executive officer of the Corporation and as such shall have charge of the affairs of the Board and shall preside at all meetings at which he or she is present. The president shall also have such other powers and duties as custom-airily belong to the office of president or as may be designated from time to time by the Board.
Duties of the Treasurer: The treasurer shall be the chief financial officer of the Corporation. The treasurer shall: a) have custody of all the funds of the corporation and shall be responsible for payment of all valid obligations of the Corporation. All checks shall be countersigned by an authorized officer or director of the Corporation. In no event shall any check payable to an officer or director of the Corporation be signed by a payee of the check. All funds of the Corporation shall be deposited in an institution insured by the FDIC or such successor organization as may be organized.); b) maintain books of account which reflect the true balances, assets and liabilities of the Corporation; c) insure compliance with the by-laws in all matters pertaining to the financial affairs of the Corporation; d) prepare and cause to be published in the Corporation’s newsletter a complete annual corporate financial report; e) prepare an income statement and balance sheet for each meeting of the Board, if so requested; f) be responsible for the preparation and filing of all appropriate tax returns and payment of any taxes validly assessed upon the Corporation; and g) submit the Corporation’s account and records, on an annual basis, to the President for review by an audit committee comprised of at least two members of the Board other than the president or the treasurer, if so requested. The treasurer shall also have such other powers and duties as customarily belong to the office of treasurer or as may be designated from time to time by the Board.
Duties of the Corresponding Secretary: The corresponding secretary shall publish notice of all special and annual meetings of the Members, proposed and adopted amendments to the articles of incorporation and by-laws and other correspondence necessary for the normal functioning of the Corporation.
Directors at Large: Shall have such powers as may be designated from time to time by the Board. These two director positions will be primarily tasked to liaison with the local affiliate Presidents. Shall also conduct periodic zoom meetings to foster greater communication between the local affiliates and interaction with the national Board.
All positions are for two years. Approximately half of the board will be up for election every year. All nominations should be sent to info@lotusltd.com. Nominations will close on November 16, 2022.
Voting will take place on the club website between December 15 and December 31, 2022.
All correspondence regarding this election, voting, and results will be done by E-Blast to your email address on file with Lotus, Ltd. If you do not have your email address on file with Lotus Ltd., please provide your email address by sending it to info@lotusltd.com.