(CVMA Bylaws – Current to January 2022)
(Proposed/to be adopted in April 2022)
The Board of Governors, at its regular meeting or a special meeting called for that purpose, may initiate action to assess Association members for funds, over and above any dues paid, for special needs and purposes. Such assessment shall be approved by the affirmative mail vote of a two-thirds (2/3) majority of the voting members of the Association.
There shall be a fund, known as the Reserve Fund, in which a minimum of 25%, and a goal of 50%, of the CVMA’s liquid assets shall be maintained in reserves. The reserves allocation will be based on the Association’s current operating budget.
The Reserve Fund shall be used only for purposes and in such amounts as shall have been authorized previously by the Board of Governors. Such expenditure shall require an affirmative vote by at least twelve (12) members of the Board.
There shall be a Committee that shall be responsible for promoting, identifying and electing leaders for the Association known as the Leadership Development Committee.
Using appropriate Association resources, the Leadership Development Committee shall educate Association members about service in the Association, maintain a database of potential leaders and accept applicants for the At-Large Board of Governors positions, and make attempts to ensure professional diversity.
Members of the Leadership Development Committee should have experience in leadership, an ability to recognize leadership qualities and a commitment to helping the Association develop and select outstanding leaders.
The Chair of each standing committee shall have the right to appoint sub-committees which shall function in an advisory capacity only.
The Association President shall appoint the members, designate the Chair, and regulate the size of the various standing committees, subject to the approval of the Board of Governors, and in accordance with the following: