Bylaws of
Recreation Vehicles Dealers Association of North America
Revised October 3, 2013

ARTICLE I
Name and Location

SECTION 1. Name.
The name of the Corporation shall be RECREATION VEHICLE DEALERS ASSOCIATION OF NORTH AMERICA (the "Association”).

SECTION 2. Registered Agent and Principal Office.
The principal office of the Association shall be in or near the City of Fairfax, State of Virginia unless otherwise changed by action of the Board of Directors. The Association shall also maintain a registered agent in Illinois, the state of its incorporation.

ARTICLE II
Purposes and Objectives

The purposes of the Association, as stated in its Articles of Incorporation, are:
A. To promote increased use of recreation vehicles and to promote the sale thereof through dealers.
B. To perform such functions as shall promote and provide for the welfare of recreation vehicle dealers and the common interest of the  association’s members, including but not limited to, analyzing and informing the membership of conditions affecting or which may affect the industry; conducting research and educational activities; collecting, compiling and disseminating industry statistics; representing the industry in contacts with other organizations, the government and the public; and, in general, engaging in any lawful activities which will enhance the economic progress of recreation vehicle dealers.
C. To do any and all lawful acts and to perform and furnish any and all lawful services which may be deemed to be useful or desirable in order to effectuate any of the above purposes or to conduct any of the above activities.
D. No part of the net earnings of the Association, if any, nor any distribution of assets on dissolution, shall inure to the benefit of any members.

ARTICLE III
Subsidiary Organization

Recreation Vehicle Rental Association. The Association shall have a division known as the Recreation Vehicle Rental Association (RVRA), the purpose of which shall be the promotion of the rental use of recreation vehicles and the training and support of business entities in this sector of the industry. RVRA, under the supervision and control of the RVDA Board of Directors, may organize its governance and activities on such bases as it from time to time may determine.

ARTICLE IV
Members

SECTION l. Classes of Members.
The Association shall have five classes of members:
A. Regular Recreation Vehicle Dealer Members (“Regular Members”). A firm, corporation, partnership, individual proprietorship, or other type of business enterprise having as a principal retail business the selling and servicing of one or more of the five types of new recreation vehicles, commonly known as Travel Trailers, Fifth Wheels, Folding Trailers, Motorhomes, and Truck Campers, and which maintains a permanent establishment open essentially twelve months a year, shall be eligible for Regular Membership in the Recreation Vehicle Dealers Association of North America, provided, however, that only one Regular Membership shall be granted to any group of commonly owned business enterprises as, for example, a parent corporation and its subsidiaries. For an additional fee, the branches or subsidiaries of multi-location members may be enrolled to receive additional copies of membership information. See Voting Rights Below.
B. Associate Members. A firm, corporation, partnership, individual proprietorship, or other type of business enterprise which is actively involved in and with the recreation vehicle industry in a capacity other than at retail.
C. Honorary Members. The Board of Directors by two-thirds (2/3) vote of the total number of members of the Board may elect as an Honorary Member any former representative or alternate representative of a member or any other person who has demonstrated his interest in the sale of recreation vehicles and whose past experience in, or service to, the industry, or other special qualification, justifies his election. Honorary Members shall not be liable for dues. While Honorary Members shall receive notice of, and may attend, all meetings of the members, they shall not be eligible to vote and shall not be eligible to hold office in the Association or serve as a Director thereof. Honorary Members shall have such other rights and privileges as may be granted them from time to time by the Board of Directors. Any Honorary Members may be terminated at any time by vote of a majority of the members of the Board of Directors.
D. RVRA Members. A firm, corporation, partnership, individual proprietorship or other type of business enterprise which engages in RV rentals. Any entity eligible for Regular Membership must hold Regular Membership in order to be eligible to be an RVRA Member. RVRA Members whose entire retail unit sales are restricted to selling used units from their rental fleet are eligible for RVRA Membership without Regular Membership, provided, however, that those applicants whose entire retail unit sales are comprised of used units from their rental fleets are otherwise eligible for RVRA Membership without being Regular Members.
E. AfterMarket (AM) Retail Members. A firm, corporation, partnership, individual proprietorship, or other type of business enterprise which sells RV parts, RV accessories, or RV service at retail. Any entity eligible for Regular Membership must hold Regular Membership. AfterMarket Retail Members may sell used units, provided, however, that those AfterMarket Retail applicants whose entire retail unit sales are comprised of used units are otherwise eligible for AfterMarket Membership without being Regular Members.

SECTION 2. Application for Election to Membership.
Application for membership in the Association shall be made in writing and addressed to the Association and shall state the name, place, and nature of business of the applicant. If the application is complete and it appears that the applicant is eligible for membership, the President shall automatically admit the applicant. If it appears to the President that the eligibility is uncertain, the President shall refer the matter to the Board of Directors at its next meeting. If a majority of the members of the Board of Directors votes to grant membership to an applicant, such applicant shall be admitted to membership.

SECTION 3. Voting Rights.
Each Regular Member shall be entitled to one vote on each matter submitted to a vote of the membership. Each Regular Member shall designate in writing to the President the name of that member's representative to the Association. A Regular Member's vote at a meeting may be cast by another owner or employee of such Regular member if the President is informed in writing by the authorized representative of such other person's authorization to vote. RVRA, AfterMarket, and Associate members shall have no voting rights.

SECTION 4. Voluntary Termination of Membership.
Any member of the Association may resign at any time by giving written notice of its resignation to the Secretary or President of the Association. Any resignation shall take effect at the time specified therein, or, if not specified, immediately upon its receipt by the Secretary, or President.

SECTION 5. Involuntary Termination of Membership.
The membership of any member of the Association may be terminated for arrearage in dues to the Association for a period of three (3) months or longer after due notice thereof has been sent to the member in arrears, or by a two-thirds (2/3) vote of the members of the Board of Directors for good cause, for example, not paying fees, assessments, or other financial obligations. Such involuntary termination of membership under this paragraph shall be effective at such time as the Board of Directors may determine. The notice of any meeting at which such termination is to be proposed shall contain a notice of the proposed termination, and the member whose membership status is being challenged shall be notified thereof, in writing, at least thirty (30) days prior to the date of such meeting. Any member whose membership is terminated, either voluntarily or involuntarily, shall remain fully liable for any unpaid dues or assessments previously levied against the member.

SECTION 6. Transfer of Membership.
Membership in this Association is transferable or assignable upon sale or proper transfer of the business to new owners, provided the owners continue to operate a business that qualifies for membership as evidenced by their application. (See Article IV, Section 2).

ARTICLE V
Meetings of Members

SECTION 1. Regular Meetings.
There shall be a regular annual meeting of the members of the Association at such time as the Board of Directors may determine for the purpose of electing directors of the Association and transacting such other business as may come before the meeting. There may be other regular meetings of the members of the Association at such places and times as the Board of Directors may, from time to time, determine.

SECTION 2. Special Meetings.
Special meetings of the members of the Association may be called at any time by the Chairman and must be called upon the written request to the Chairman of twenty-five (25) or more Regular Members. At such special meetings, no business shall be transacted except that which shall have been specified in the notice of such meeting, unless unanimous consent is obtained from the members present thereat to transact other business except as otherwise specified in these Bylaws.

SECTION 3. Notice of Meetings.
Notice of any regular or special meeting shall state the place, date and hour of such meeting, shall be delivered, either personally, by mail, by email or by other accepted means of business communication, to each member not less than fifteen (15) days before the date of such meeting. In case of a special meeting, or when required by statute, the purpose for which the meeting is called shall be stated in the notice. The notice of a meeting shall be deemed delivered when deposited in the United States mail with postage prepaid, or with another appropriate carrier or communication service, addressed to the member at the address as it appears on the records of the Association.

SECTION 4. Quorum.
Ten percent (10%) of the Regular Members of the Association or fifty (50), whichever is less, shall constitute a quorum at any meeting of the members. If a quorum is not present at any meeting of members, a majority of the members present may adjourn the meeting from time to time without further notice.

SECTION 5. Voting.
Voting on all questions submitted to a vote of the members at a meeting shall be in such manner as is determined by the person presiding at the meeting. In connection with any vote by secret written ballot, the person presiding at the meeting where the vote is to be taken shall appoint tellers to distribute, collect, and count the ballots. The Board of Directors may authorize a membership vote by mail or other accepted means of business communication, except in instances in which a meeting is required by law.

SECTION 6. Proxies.
There shall be no voting by proxy at any meeting of the members of the Association.

ARTICLE VI
Board of Delegates

SECTION 1. Duties and Responsibilities.

There shall be a Board of Delegates to provide input, advice, deliberation and guidance on matters of Association policy, positions, long-term goals, and planning.

SECTION 2. Number.

The Association’s Board of Delegates shall consist of:
A. Regular Delegates. Each state shall have one representative for up to the first 37 Regular Members in such state. Each state shall have an additional representative when the state Regular Membership reaches 38, and shall have an additional representative for every 25 Regular Members thereafter.  Computation of the members in good standing shall be made in May of each year. If the number of Regular Members in a state falls below the threshold for the additional delegates it has, the serving Delegate whose term is closest to expiration will end with the next meeting.
B. "At Large" Delegates. The Board of Delegates may at any time add "at large" Delegate positions for terms not to exceed two years.
C. Ex Officio Members. The following shall serve as voting, ex officio members of the Board of Delegates: I. The Chairman, First Vice Chairman, Second Vice Chairman, Secretary, Treasurer, and Immediate Past Chairman. II. Chairman of the RVDA Education Foundation III. Chairman of the Recreation Vehicle Assistance Corporation IV. Chairman of the RV Rental Association V. Any Past Chairman of the RVDA who is active as an RV dealership principal or officer and who informs the Association of his or her desire to serve. VI. The President of RVDA shall be a non-voting ex-officio member of the Board of Delegates.
D. The Chairman of RVDA shall serve as the Chairman of the Board of Delegates.

SECTION 3. Tenure.
Regular Delegates shall serve for a term beginning at the annual RVDA Convention for two years or until their successors take office, except as noted below. Approximately one-half of the Regular Delegates are selected each year.

SECTION 4. Nomination and Election.
The Chairman shall appoint a Nominating Committee consisting of not less than three (3) nor more than five (5) past Chairmen of the Association. The Nominating Committee in consultation with the President and Chairman determine the number of delegate positions to be filled. The Nominating Committee and staff shall solicit recommendations for Delegates for those positions from the members, and state and local dealer groups. Other nominations may be submitted directly by Regular Members representing at least 10% of the members entitled to vote for any delegate position. A ballot will be submitted to the RVDA Regular Members in each of the relevant jurisdictions. Votes may be cast in accordance with procedures established from time to time by the Board of Directors, including, if they so choose written and e-mail ballots.

SECTION 5. Removal of Delegates.
Delegates may be removed from the Board of Delegates if they fail to attend three (3) consecutive meetings of the Board of Delegates, or for cause, upon the unanimous vote therefore of all the members of the Board of Delegates, except the Delegate whose removal has been proposed. Such removal shall be effective at such time as the Board of Delegates may determine. The notice of any Board of Delegates meeting at which such action is contemplated shall contain a notice of the proposed termination, and the Delegate whose status is being challenged, shall be notified thereof, in writing, at least thirty (30) days prior to the date of such meeting. In addition, a person shall cease to be a Delegate at such time as the Regular Member with whom the Delegate is associated ceases to be a member of the Association, or at such time as  the Delegate ceases to be an officer or owner of a Regular Member.

SECTION 6. Qualification.
No person shall be eligible to be a Delegate (other than the President of RVDA) unless he or she is a representative of a Regular Member of the Association.

SECTION 7. Meetings.
A. Regular Meetings. The Board of Delegates shall meet at least once each year in conjunction with the RVDA Annual Meeting and Convention.
B. Special Meetings. Special meetings of the Board of Delegates may be called by the Chairman of the Board of Directors or President of RVDA, or at the written request of 20 members of the Board of Delegates.
C. Notice of Meetings. Notice of any regular or special meeting of the Board of Delegates shall state the place, date, and hour of such meeting, shall be delivered by any accepted means of business communication, to each Board member not less than fifteen (15) days before the date of such meeting. Except as otherwise required by statutes, the Association's charter, or these Bylaws, notice of the purpose of any meeting, regular or special, need not be given. Notice of any such meeting need not be given to any member of the Board who shall, either before or after the meeting, submit a signed waiver of notice or shall attend such meeting, without protesting the lack of notice to him, prior to or at its commencement.

SECTION 8. Quorum.
At all meetings of the Board of Delegates, twenty-five percent (25%) of the Board must be present in person in order to constitute a quorum for the transaction of business. In the absence of a quorum at any meeting of the Board of Delegates, a majority of
those present thereat may adjourn the meeting, from time to time, without further notice. When the Board authorizes meetings by telephone, television, or other electronic methods, participants will be considered physically present if they are "on line" by phone or the chosen electronic means.

ARTICLE VII
Board of Directors

SECTION 1. Management and Control.
The management and control of the Association and its affairs shall be vested in a Board of Directors.

SECTION 2. Number, Tenure, and Qualification.
The Association's Board of Directors shall consist of the following:
A. The Chairman, First Vice Chairman, Second Vice Chairman, Treasurer, Secretary, and Immediate Past Chairman of RVDA.
B. The Chairman of the RVDA Education Foundation
C. The Chairman of the RV Assistance Corporation
D. The Chairman of the RV Rental Association
E. The President of RVDA, as a non-voting member
F. Four at-large members elected by the Board of Delegates. Directors chosen by the Board of Delegates shall serve for staggered two-year terms. No person shall be eligible to be a Director unless he or she is a representative of a Regular Member of the Association and is an officer or owner of such member.

SECTION 3. Nomination and Election.
The Nominating Committee shall propose candidates for the four Board of Directors At-Large positions to be chosen by the Board of Delegates.

SECTION 4. Removal of Directors.
Directors may be removed from the Board of Directors if they fail to attend three (3) consecutive meetings of the Board of Directors, or for cause, upon the unanimous vote therefore of all the members of the Board of Directors, except the Director whose removal has been proposed. Such removal shall be effective at such time as the Board may determine. The notice of any Board meeting at which such action is contemplated shall contain a notice of the proposed termination, and the Director whose status is being challenged, shall be notified thereof, in writing, at least thirty (30) days prior to the date of such meeting. In addition, a person shall cease to be a Director at such time as the Regular Member with whom the Director is associated ceases to be a member of the Association, or at such time as the Director ceases to be an officer or owner of a member.

SECTION 5. Vacancies.
Any vacancy occurring on the Board of Directors shall be filled by the Board by electing an eligible person to fill such vacancy for the unexpired term.

ARTICLE VIII
Meetings of Directors

SECTION 1. Regular Meetings.
The Board of Directors of the Association shall meet at least three times each year.

SECTION 2. Special Meetings.
Special meetings of the Board of Directors may be called by the Chairman of the Board, the President, or by four (4) or more Directors of the Association.

SECTION 3. Place and Time of Meeting.
All regular meetings of the Board shall be held at such time and place as the Board of Directors directs in its annual program and budget. The time and place of special meetings will be determined by the authority calling the special meeting. Normally, meetings will be conducted with all attendees in one location; however the Board of Directors, by simple majority, may authorize meetings by telephone, television, or other electronic conference methods.

SECTION 4. Notice of Meetings.
Notice of any regular or special meeting shall state the place, date, and hour of such meeting, shall be delivered, personally, by mail, or by other accepted means of business communication, to each board member not less than fifteen (15) days before the date of such meeting. Except as otherwise required by statute, the Association's charter or these Bylaws, notice of the purpose of any meeting, regular or special, need not be given. Notice of any such meeting need not be given to any member of the Board of Directors who shall, either before or after the meeting, submit a signed waiver of notice or shall attend such meeting, without protesting the lack of notice to him, prior to or at its commencement.

SECTION 5. QUORUM.
At all meetings of the Board of Directors, forty percent (40%) of the total number of members of the Board of Directors must be present in person in order to constitute a quorum for the transaction of business. In the absence of a quorum at any meeting of the Board of Directors, a majority of those members of the Board of Directors present thereat may adjourn the meeting from time to time without further notice. However, when the Board of Directors authorizes meetings by telephone, television, or other electronic conference methods, participants will be considered physically present if they are "on line" by phone or the chosen electronic means.

SECTION 6. Organization.
At each meeting of the Board of Directors, the Chairman shall preside. In the Chairman's absence, the First Vice Chairman shall preside, and if the First Vice Chairman is not present, the Second Vice Chairman shall preside. The President's designated staff member or such other person as may be appointed by the Chairman, shall act as secretary of the meeting and keep the minutes.

ARTICLE IX
Officers

SECTION 1. Titles and Terms.
The elected officers of the Association shall consist of a Chairman, a First Vice Chairman, a Second Vice Chairman, a Treasurer, and a Secretary, who shall hold office for a period of one (1) year immediately following their election and thereafter until their successors shall be fully qualified and elected, but in no event shall any elected officer hold the same office for more than two (2) consecutive terms. A person must have served a minimum of one (1) year as a Delegate of the Association prior to election as an officer. Such person must also be the representative of the Regular Member and an officer or owner of such member. The Association shall also employ a President who shall be the Chief Executive Officer of the Association. The Board of Directors may elect or appoint such other officers including one or more Assistant Secretaries and one or more Assistant Treasurers as it shall deem desirable, such officers to have the authority to perform the duties prescribed from time to time by the Board. No elected officer of this Association shall receive any compensation for services as such unless otherwise provided by the Board.

SECTION 2. Nomination and Election.
Officers (other than the President and staff Vice Presidents) shall be elected by the members at their annual meeting. Nominations for officers shall be made by the Nominating Committee. The Chairman of the Nominating Committee shall present the Committee's recommendations for officers to the members at the Annual Meeting of the members. Further nominations for officers may be made by the members.

SECTION 3. Vacancies.
A vacancy in any office, due to any cause, may be filled by the Board of Directors for the unexpired portion of the term.

SECTION 4. Chairman.
The Chairman shall be the principal elected officer of the Association, shall preside at all meetings of the members, and of the Board of Delegates, and shall serve as the primary liaison with the Association staff. The Chairman may sign, with the Secretary or any other proper officer of the Association authorized by the Board of Directors, any deeds, mortgages, bonds, contracts, or other instruments which the Board has authorized to be executed, and, in general, shall perform all duties incident to the office of Chairman and such other duties as may be prescribed by the Board from time to time.

SECTION 5. First Vice Chairman.
In the absence of the Chairman, or in the event of the inability or refusal of the Chairman to act, the First Vice Chairman shall perform the duties of the Chairman, and when so acting, shall have all the powers of, and be subject to all the restrictions upon the Chairman. The First Vice Chairman shall perform such other duties as from time to time may be assigned by the Chairman or by the Board of Directors, and shall normally be nominated to succeed the Chairman.

SECTION 6. Second Vice Chairman.
In the absence of the First Vice Chairman, or in the event of the inability or refusal of the first Vice Chairman to act, the Second Vice Chairman shall perform the duties of the Chairman, and when so acting, shall have all the powers of, and be subject to all the restrictions upon the Chairman. The Second Vice Chairman shall perform such other duties as from time to time may be
assigned by the Chairman or by the Board of Directors, and shall normally be nominated to succeed the First Vice Chairman.

SECTION 7. President.
A President shall be retained by the Board to manage the affairs of the Association (subject to the control and direction of the Board) on such terms and conditions as the Board may determine from time to time. The President shall serve as the Chief Executive Officer of the Association and shall be an ex officio member, without voting rights, of all committees of the Association. The President shall be responsible for the supervision of the staff and shall perform such duties as the Board may from time to time direct. The President, with the approval of the Board of Directors, may appoint one or more members of the staff to be Vice Presidents of the Association, with such duties as the President shall determine from time to time. Supervision of any such Vice Presidents shall be the responsibility of the President.  The President and staff shall work with the Association’s auditors and the Treasurer in presenting accurate and timely statements of financial condition.

SECTION 8. Treasurer.
The Treasurer shall have authority to oversee the financial management of the Association and to ensure that the President provides such reports on the finances as the Board may from time to time require. The Treasurer shall perform all duties which may be assigned from time to time by the Chairman of the Board of Directors.

SECTION 9. Secretary.
The Secretary shall have authority to supervise the President in maintaining all official records and proceedings of the Association. The Secretary shall ensure that the President properly administers Association correspondence and legal records; notifies all officers and members of their election or appointment to committees; maintains a roll of the members of the Association; and issues notices of all meetings as required by the Chairman. The Secretary shall perform all additional duties which may be assigned from time to time by the Chairman of the Board of Directors.

SECTION 10. Resignation of Officers.
Any officer of the Association may resign at any time by giving written notice of his resignation to the President of the Association. Any such resignation shall take effect at the time specified in the resignation, or if such time is not specified, immediately upon its receipt by the President.

SECTION 11. Removal of Officers.
An Officer may be removed from office if he or she fails to attend three (3) consecutive regular meetings of the Board of Directors, or for cause, upon the unanimous vote of all the members of the Board of Directors, except the Officer whose removal has been proposed. Such removal shall be effective at such time as the Board may determine. The notice of any Board meeting at which such action is contemplated shall contain a notice of the proposed termination, and the Officer whose status is being challenged shall be notified thereof, in writing, at least thirty (30) days prior to the date of such meeting. In addition, a person shall cease to be an Officer at such time as the Regular Member with whom the Officer is associated ceases to be a member of the Association or at such time as the Officer ceases to be principal officer, owner, or partner of a member.

ARTICLE X
Fees, Dues and Assessments

SECTION 1. Annual Dues.
The Board of Directors of the Association shall establish from time to time the annual dues for members of the Association and the initiation fees, if any. All dues are payable on or before the first day of July for the following fiscal year.

SECTION 2. Special Assessments.
The Board of Directors, by a vote of a majority of the total membership of the Board, may levy special assessments on the Regular Members and Associate Members. Such special assessments must be paid within thirty (30) days after notice thereof is given.

ARTICLE XI
Budget and Fiscal Year

SECTION 1. Budget.
An annual budget for each fiscal year shall be prepared by the President and presented to the Association's Board of Directors for its approval prior to the beginning of the fiscal year. Thereafter, at any meeting of the Board, the Board may approve any supplemental budget that may be necessary. The Association shall not expend any funds in excess of the budgeted amounts except for expenses incurred in the ordinary course of business which are approved by the Chairman or the Treasurer of the Association.

SECTION 2. Fiscal Year.
The fiscal year of the Association shall begin on the first day of July and end on the last day of June of each year.

ARTICLE XII
Contracts, Checks, Bank Accounts

SECTION 1. Execution of Contracts.
The Board of Directors may authorize any officer or agent of the Association to execute and deliver any contract or other instrument in the name and on behalf of the Association, and such authority may be general or confined to specific instances as the Board may determine. The President shall have authority to execute contracts for the Association in the normal course of business for goods and services within the scope of the approved budget. Unless authorized by the Board or expressly permitted by these Bylaws, no other officer or agent or employee shall have any power or authority to bind the Association by any contract or engagement or to pledge its credit or to render it pecuniary liable for any purpose or in any amount.

SECTION 2. Check, Drafts, Etc.
All checks, drafts, or other orders for the payment of money, notes or other evidences or indebtedness issued in the name of the Association, shall be signed by such officer or agent of the Association and in such manner as shall from time to time be determined by resolution of the Board of Directors. In the absence of such determination by the Board, such instruments shall be signed by the Treasurer or an Assistant Treasurer and countersigned by the Chairman or Vice Chairman of the Association.

SECTION 3. Deposits.
All funds of the Association not otherwise employed shall be deposited to the credit of the Association in such financial institutions as the Board of Directors may designate or as may be designated by any officer or officers of the Association to whom such power of designation may from time to time be delegated by the Board.

ARTICLE XIII
Legal Counsel

The Association shall retain legal counsel who shall be kept fully advised of and consulted with respect to Association and committee activities.

ARTICLE XIV
Informal Action by Members, Directors, and Delegates

Any action required by statute or these Bylaws to be taken at a meeting of members of the Board of Delegates, or of the Board of Directors of the Association, or any other action which may be taken at a meeting of the members of the Board of Delegates, or of the Board of Directors, may be taken without a meeting if a consent in writing, setting forth the action so taken, shall be signed by all of the members of the Board of Delegates, or all of the members of the Board of Directors, as the case may be, entitled to vote with respect to the subject matter thereof. Such consent shall have the same force and effect as a unanimous vote.

ARTICLE XV
Amendments to the Bylaws

The Bylaws of the Association may be amended or repealed, or new Bylaws may be adopted at any regular or special meeting of the members upon the affirmative vote of two-thirds (2/3) of the number of Regular Members attending said meeting provided, however, that notice of such meeting shall state at least the substance of any proposed amendment or other action relating to the Bylaws.

ARTICLE XVI
Indemnification

Section 1. Directors and Officers of the Association shall be, and employees and agents of the Association may be, indemnified for liabilities arising out of their authorized action on behalf of the Association to the fullest extent permitted by the General Not for Profit Corporation Act of Illinois of 1986, as amended from time to time, or any successor statute. Insurance may be purchased by the Association to protect the Directors, Officers, Employees and agents from such liabilities.



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