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Babson College

Alumni Association Bylaws



Red = 1998 changes

Blue = 1999 changes

(Parenthesis) = deletion





ARTICLE I - NAME AND PURPOSE



Section l. Name. The name of this organization shall be the Babson College Alumni

Association (hereinafter referred to as the Association).



Section 2. Purpose. The purpose of the Association shall be to develop among its

members a sense of commitment to Babson College and to promote the spirit of fellowship

and beneficial relations.



ARTICLE II - MEMBERSHIP



Section 1. Composition.

The Association shall consist of Members, Honorary Members, and Associate Members.



a. Members. Members shall be any former undergraduate or graduate students of Babson

College who have completed at least one semester or completed at least four courses,

provided that any such persons are not enrolled as undergraduate students at Babson

College or as graduate students unless they have previously qualified as Members. Members

shall have all rights and privileges of membership in the Association.



b. Honorary Members. Honorary Members shall be persons who are not Members, and

who are selected by the Board of Directors of the Association because of an outstanding

interest in Babson College. Honorary Members may be nominated by any member of the

Board of Directors of the Association or by the president of Babson College. They shall have

all rights and privileges of Membership in the Association except the right to vote and to

hold office.



c. Associate Members. Associate Members shall be persons selected by the Board of

Directors of the Association who are not Members, including current undergraduate students

and graduate students who have not previously qualified as Members, and who have

attended Babson College for less than one semester, or who have attended any summer

session, special course, or program given by Babson College. Associate Members may be

selected individually or by designation as part of a group, such as the graduates of a

particular program. They shall have all rights and privileges of Membership in the

Association except the right to vote and to hold office.



Section 2. Rights and Privileges. Except as otherwise provided, all Members shall have

the right to vote; to hold office; to receive written notices of annual and special meetings;

to receive written reports, ballots, and publications distributed to Members of the

Association; and to receive notice of and the opportunity to participate in all alumni

programs.



ARTICLE III - OFFICERS



Section 1. Composition. The officers of the Association shall be a president, one or more

vice presidents as deemed necessary, a clerk, and a treasurer.



Section 2. Qualifications. The officers shall be Members of the Association and shall have

served on the Board of Directors.



Section 3. Terms of Office. The president, the vice president(s), the treasurer, and the

clerk shall be elected by the Members of the Association to serve a term of one year or until

their successors are elected. No Member shall be eligible to serve in the same office for

more than two consecutive terms with the exception of the treasurer. Elected officers shall

take office on the first day of the fiscal year following their election.



Section 4. Duties. Each officer shall attend meetings of the Board of Directors and shall

perform the duties prescribed herein, incidental to the office, delegated by the president,

and prescribed by the Board of Directors.

a. President. The president shall chair all meetings of the Association, the Board

of Directors, and the Executive Committee; and shall maintain liaison with the

Director of Alumni Relations and the chairman of the Board of Trustees of Babson

College.



b. Vice President. A vice president as selected by the Executive Committee, shall serve as

acting president in the event of the absence or disability of the president.



c. Clerk. The clerk shall:



(1) record and keep minutes of the meetings of the Association, the Board of Directors, and

the Executive Committee;



(2) cause the mailing of such notices, reports, ballots, and publications as may be required

or permitted herein; and



(3) keep the archives and any other records of the Association.



d. Treasurer. The treasurer shall be responsible for all funds and assets of the Association

under the direction of the Executive Committee. With approval of the Board of Directors, the

treasurer may place all or part of the funds and assets of the Association with the treasurer

of Babson College and/or its investment management service. The treasurer shall render a

report at least once each year to the Association and the Board of Directors, and more often

as directed by the Board.

Section 5. Removal from Office. Any officer who fails to meet the duties of his/her

office may be removed from office by two-thirds vote, with notice, of the remaining

Members of the Board of Directors.



Section 6. Vacancies. Any vacancy in the position of an officer may be filled by a majority

vote of the Board of Directors upon candidate(s) proposed by the Nominating Committee.

Any officer may apply for a leave of absence. Any such temporary vacancy may be filled by

the Executive Committee.



ARTICLE IV - BOARD OF DIRECTORS



Section 1. Composition. The Board of Directors shall consist of the officers of the

Association and six to nine elected directors.

a. Ex-officio Members. Chairs of working committees who are not otherwise

members of the Board of Directors shall be ex-officio members of the Board of

Directors without vote. Past presidents may serve as ex-officio members without

vote.



b. Student Representatives. Students of Babson College may be appointed by the

president of the Association to serve as members of the Board of Directors without vote.



c. Associate Directors. Associate Directors may be appointed by the Executive Committee

to serve as members of the Board of Directors without vote.

Section 2. Elected Directors. Each year two to three directors shall be elected by the

Members of the Association to serve a term of three years or until their successors are

elected. No member shall be eligible to serve as an elected director for more than two

consecutive full three-year terms. Elected directors shall take office on the first day of

the fiscal year following their election.

a. Qualifications. Elected directors shall be Members of the Association.



b. Removal from Office. Any director who fails to meet the duties of office may be

removed from office by two-thirds vote, with notice, of the remaining members of the Board

of Directors.



c. Vacancies. Any vacancy on the Board of Directors may be filled by a majority vote of the

Board of Directors upon candidate(s) proposed by the Nominating Committee. Any director

may apply for a leave of absence. Any such temporary vacancy may be filled by the

Executive Committee.

Section 3. Powers and Duties. The Board of Directors shall be the governing body of

the Association and shall be charged with the general management of the Association.

Members of the Board of Directors shall attend meetings of the Board of Directors, shall

serve as chairs or other members of committees, and shall volunteer their time in the

management of the affairs of the Association.



Section 4. Regular Meetings. There shall be at least three regular meetings of the Board

of Directors each fiscal year at such time and place as shall be determined by the Executive

Committee. Notice of regular meetings of the Board of Directors shall be given at least

fifteen days prior to the date of the meeting.



Section 5. Special Meetings. Special meetings of the Board of Directors may be called by

the president of the Association or shall be called at the request of at least five members of

the Board of Directors.

a. Notice. Notice of special meetings of the Board of Directors shall be given at

least ten days prior to the date of the meeting.



b. Restriction. Only the business in the call of the special meeting shall be transacted.

Section 6. Action without a Meeting. Any action which may be taken at a meeting of

the Board of Directors may be taken without a meeting provided that all members of the

Board of Directors shall be notified, provided that votes shall be submitted in writing and

received by a specified date, and provided that at least the number which constitutes a

quorum shall respond. Such action shall be treated for all purposes as a vote at a

meeting.



ARTICLE V - EXECUTIVE COMMITTEE



Section 1. Establishment and Composition. An Executive Committee may be

established by the president and shall consist of the officers of the Association and other

Members of the Association as the president deems necessary.



Section 2. Powers. The Executive Committee shall be the guiding committee of the

Association and shall have all the powers of the Board of Directors between meetings of the

Board of Directors. Any action of the Executive Committee shall be subject to review by the

Board of Directors.



Section 3. Meetings. Meetings of the Executive Committee may be called by the president

of the Association or shall be called at the request of at least three members of the

Executive Committee



ARTICLE VI - NOMINATIONS AND ELECTIONS



Section 1. Nominating Committee. The Nominating Committee shall consist of seven

members of the Association appointed by the president. The chair of the Nominating

Committee shall be appointed by the president to serve for one year. No person shall serve

as chair for more than two consecutive years. Any vacancy on the Nominating Committee

may be filled by the president for the unexpired term.

Section 2. Slate. The Nominating Committee shall prepare a slate for the annual election

of candidates for election by the members of the Association in the following manner:

a. One candidate each for the office of president, treasurer, and clerk.



b. One or more candidates for the office of vice president.



c. One or more candidates for each vacant position on the Board of Directors.

Section 3. Report. The Nominating Committee shall present its slate to the Board of

Directors in sufficient time to complete the election prior to the Annual Meeting of the

Association.



Section 4. Ballot. The ballot shall be presented to the membership prior to the end of the

current fiscal year.

a. Biographical data for each candidate and instructions for voting shall be

included with the ballot.



b. There shall be a provision on the ballot for write-in candidates.

Section 5. Annual Election. The annual election shall be by the Members of the

Association and shall be conducted by mail or other appropriate means as determined by

the Board of Directors prior to the close of the fiscal year. A plurality shall elect; in the

event of a tie, decision shall be by lot drawn by a disinterested person.

a. Results. The results of the election shall be presented to the membership by

mail or other appropriate means as determined by the Board of Directors as soon

as possible following election, and those candidates declared elected shall take

office on the first day of the fiscal year following election.



b. Recount. A recount may be requested by petition by any 25 Members of the Association

provided that such request shall be received by the clerk within 10 days following the

presentation of the results of the election.



c. Dispute. Any dispute concerning the election shall be brought to the attention of the

Board of Directors within thirty days following the election and shall be decided by the Board

of Directors in office at that time excluding officers and directors who are candidates in the

disputed election.



d. Ballots. Ballots may be destroyed thirty-one days following the election provided that

any recount or dispute has been resolved or the ballot results went uncontested.

ARTICLE VII - WORKING COMMITTEES



Section 1. Establishment. Committees may be established by the president as he/she

considers necessary to carry out the business of the Association. Such committees shall be

known as working committees.



Section 2. Composition. Working committees shall consist of one or more members of the

Association appointed by the president of the Association.a. Chairs. Chairs of working

committees shall be members of the Association appointed by the president of the

Association. Chairs of working committees who are not otherwise members of the Board of

Directors shall be ex-officio members of the Board of Directors without vote.b. Students.

Students of Babson College may be appointed by the president of the Association to serve

as members of working committees without vote.



Section 3. Authority. No working committee shall take any action in the name of the

Association without approval of the Board of Directors.



Section 4. Meetings. Meetings of working committees may be called by the chair of the

working committee, the president of the Association, or the Board of Directors.



Section 5. Action Without a Meeting. Any action which may be taken at a meeting of a

working committee may be taken without a meeting provided that all members of the

working committee shall be notified, provided that votes shall be submitted in writing and

received by a specified date, and provided that at least the number which constitutes a

quorum shall respond. Such action shall be treated for all purposes as a vote at a meeting.



ARTICLE VIII - MEETINGS OF THE ASSOCIATION



Section 1. Regular Meetings. There shall be at least one regular meeting of the

Association each fiscal year which shall be the Annual Meeting held at such time and place

as shall be determined by the Board of Directors. Notice of regular meetings of the

Association shall be given at least thirty days prior to the date of the meeting.



Section 2. Annual Report. In lieu of the Annual Meeting of the Association, the Board of

Directors may (publish) present an Annual Report (in any) to the Alumni Association,

presented in a manner determined appropriate by the Board of Directors.



Section 3. Special Meetings. Special meetings of the Association may be called by the

president, or may be called at the written request of at least fifty Members of the

Association within thirty days of such request.

a. Place. Special meetings of the Association shall be held at Babson College.



b. Notice. Notice of special meetings of the Association shall be given at least thirty days

prior to the date of the meeting and shall state the purpose for which the meeting is called.



c. Restriction. Only the business in the call of the special meeting shall be transacted.

ARTICLE IX - ALUMNI REPRESENTATIVES AND GROUPS



Section 1. Alumni Organizations. The president may establish alumni representatives,

agents, and organizations with reasonable rules, not inconsistent with these Bylaws, for the

governance of any such organization. The charter or other governance of any such

organization shall be subject to amendment or revocation by the Board of Directors at any

time



ARTICLE X - ASSETS



Section 1. Controls. Assets of the Association shall be managed by the treasurer of the

Association and shall be subject to independent audit upon request of the Board of

Directors.



Section 2. Use of Assets. None of the net income of the Association shall ensure to the

benefit of any Members of the Association or other individual. Upon dissolution of the

Association, all of the assets shall be transferred and vested in Babson College or any

successor. The Association shall not appropriate funds for the influence of legislation or for

political campaigns, and the Association and the officers of the Association shall not engage

in any activity which would disqualify the Association as an exempt organization under the

Internal Revenue Code of the United States.



ARTICLE XI - PROCEDURES



Section 1. Fiscal Year. The fiscal year of the Association shall be from July 1 to June 30 of

each year.



Section 2. Parliamentary Procedure.

a. Parliamentarian. The president of the Association may appoint a

parliamentarian to serve the Association and to interpret all questions of

parliamentary law.



b. Authority. The current edition of Robert's Rules of Order, newly revised, shall be the

parliamentary authority of the Association.

Section 3. Amendment.

a. Proposal. Amendments to these Bylaws may be proposed by the Board of

Directors, or by written petition signed by at least twenty-five Members of the

Association, or by the Director of Alumni Relations of Babson College.



b. Adoption. These Bylaws may be amended by (mail) ballot by a majority vote of returned

ballots of the Members of the Association provided that the amendment shall first be

approved by a two-thirds vote, with previous notice, of the Board of Directors.

ARTICLE XII - ALUMNI TRUSTEE(S)



Section 1. Alumni Trustee(s). So long as there shall be one or more Alumni Trustee

representatives on the Babson College Board of Trustees, each year the Alumni Association

shall elect one or more Alumni Trustees from its Members to serve on the Board of Trustees

of the College. The selection of one or more candidates shall be made by a Nominating

Committee appointed to propose one or more candidates for the Alumni Trustee position to

the College's Committee on Members. The purpose of the Alumni Trustee shall be to

represent the ideas and positions of the Alumni Association to the Board of Trustees of the

College.



Section 2. Nominating Committee. The Nominating Committee for the Alumni Trustee

shall be as similarly provided in Article VI, Section 6 of these Bylaws.



Section 3. Selection Process. Nominees for the position of Alumni Trustee shall be

solicited from appropriate constituencies including but not limited to the Alumni Office, the

Alumni Association Board, and/or other Babson College administrators or staff or members

of the Babson College community. The chair of the Nominating Committee shall file the

committee's report to the Chair of the Babson College Committee on Members for

consideration of the proposed nominee(s) on or before a date required by the Committee on

Members.Upon approval of the nominee(s) by the Committee on Members, the chair of the

Nominating Committee shall report said appointed Alumni Trustee(s) to the Alumni

Association at its next regular meeting.



ARTICLE XIII - ALUMNI COUNCIL



Section 1. Composition. The Alumni Council shall consist of Members of the Alumni

Association selected by the Board of Directors who serve in a volunteer capacity for Babson

College, exclusive of the Executive Committee and Board of Directors.



Section 2. Qualifications. Members of the Alumni Council shall be Members of the Alumni

Association, selected as in Section 1 above, who elect to fulfill the powers and duties of the

Alumni Council.



Section 3. Powers and Duties. The Alumni Council shall be sought for advise and

guidance on the strategic direction of and issues regarding the Alumni Association.



Section 4. Meetings. The Alumni Council shall meet at least once a year. Notice of the

date and location of meetings shall be given at least thirty days prior to the date of the

meeting.



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