Equipment and Access. Section 1 - General: Recognizing that the success of the Club is dependent on satisfying the needs and desires of the membership; a variety of aircraft and support equipment must be acquired, maintained and disposed of; as these needs and desires arise and/or change. As such, the Directors are authorized to make all repairs and upgrades within their obligation authority outlined in Article X of these Bylaws. Section 2 - Equipment Review Committee: The Board of Directors may appoint an Equipment Review Committee for all purchases and sales that require approval of a majority of the membership with the responsibilities outlined in the “Directions for Managers” document in order to make a recommendation to the members.
Appears in 2 contracts
Sources: Operating Agreement, Operating Agreement