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The board recently passed a resolution asking another Seton Hall board, the board of trustees, to create an exception to the bylaw that said presidents must be priests; the trustees did so in a vote last week.
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Exception to the rule.
Exception to the rule..
And there are exceptions to the exceptions.
The consequence of the January Bylaw is similar to the bylaw at issue in Essential Enterprises.
The firefighters' union did make exceptions to its bylaws in at least two cases.
According to the bylaws, that should have ended the procedure.
Amendments to the bylaws must be approved by at least a majority of the shareholders.
Tells about an ame ment to the bylaws & the "special powers" it gave the president.
NCUA must approve any bylaw amendments; federal credit unions may no longer adopt amendments from the "Standard Bylaw Amendments" booklet because the 1999 revisions to the bylaws included sufficient flexibility to make the separate list of standard bylaw amendments superfluous.
If individuals in authority do not know what the bylaws state or have been operating in a manner contrary to the bylaws, this may create significant legal problems.
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