INDIANAPOLIS COIN CLUB, INC.
CONSTITUTION
ARTICLE ISECTION 1: The name of this corporation shall be “Indianapolis Coin Club, Inc.”SECTION 2: The purpose or purposes for which it is formed are as follows: To encourage andpromote the science of numismatics, to aid its members in the study, acquisition and exhibition ofnumismatic material; to encourage and assist new collectors and students; to foster the interest of youth
in the subject; to stimulate and advance affiliations between collectors and kindred organizations; toacquire and disseminate knowledge for the benefit of its members; to cooperate with the American
Numismatic Association and other numismatic organizations in the interests of the science ofnumismatics; to promote numismatic study as an educational activity as well as an historical andentertaining pursuit; and to create and promote friendship and good fellowship among those interested
in the science of numismatics through social intercourse, the interchange of ideas and discussions ofmutual interests.
ARTICLE II: MEMBERSHIPSECTION 1: The membership shall consist of the following classes:
A. Regular members. Regular members shall be persons 18 years of age or older who shallbecome members pursuant to the requirements of membership outlined in the by-laws. Regularmembers in good standing shall be those whose dues are paid and against whom no complaints
are pending. Regular members in good standing shall have the right to vote in all membershipelections.
B. Junior members. Junior members shall be persons under 18 years of age. Junior members may
not hold office or vote.
C. Life members. Life membership may be conferred by the Board of Directors upon a regularmember for outstanding service to the club and to numismatics in general. Life membershipmay be conferred only on an individual who has held regular membership in the club for aminimum of five consecutive years. No life member shall be elected over the objection of aboard member.
D. Honorary members. Honorary membership may be conferred by the Board of Directors uponan individual who is not a regular, junior, of life member of the club. Honorary members may
not vote or hold office. No honorary member shall be elected over the objection of a boardmember.
E. Associate members. Associate members shall be comprised of other coin clubs, libraries,museums, schools, archives and kindred organizations. They shall not vote or hold office.
ARTICLE III: OFFICERSSECTION 1: The Board of Directors shall be composed of a president, vice-president, secretary,treasurer, sergeant-at-arms, editor, an immediate past president, and six directors.
SECTION 2: The president, vice-president, secretary, treasurer, sergeant-at-arms and editor shall beelected annually. The immediate past president shall be an ex-officio position. Directors shall beelected for two-year terms, with three directors elected in an even-numbered year, and three directors
elected in an odd-numbered year.

ARTICLE IV: CONTROLSECTION 1: The operation and control of the club shall be vested in the Board of Directors, who shallhave exclusive authority to initiate amendments to the constitution and by-laws.
ARTICLE V: AMENDMENTS
SECTION 1: The Board of Directors may propose amendments to the constitution and by-laws,
provided a majority of Directors approve.
SECTION 2: A resolution setting forth an amendment shall be presented to the membership at thenext regular meeting of the club. Said resolution shall be submitted to a vote of the membership at thefollowing regular meeting. Said resolution may be enacted only by approval of three-fourths of themembers who cast ballots.
SECTION 3: All proposed amendments must be published in the club newsletter before being
submitted to the membership for a vote.
ARTICLE VI: RULESSECTION 1: Rules and regulations for the operation of this association shall be called by-laws andshall not conflict with this constitution.
ARTICLE VII: DISSOLUTIONSECTION 1: Should the club be dissolved, disbanded or otherwise cease to function, its debts shall bepaid and all remaining assets shall be given to the American Numismatic Association, an organization
recognized under Internal Revenue Code Section 501(C) 7, as a charitable organization, foreducational purposes. Otherwise, all remaining assets shall go to the State of Indiana.

BYLAWSARTICLE I: MEETINGSSECTION 1: The club shall meet at least once per month, convening on the third Monday at a placedesignated by the Board of Directors, except during December. Should a meeting place not be
available on the third Monday, the president or the Board of Directors shall make other meetingarrangements, if possible.
SECTION 2: The meetings shall include:
A. Call to order
B. Report of Secretary
C. Report of Treasurer
D. Recognition of visitors
E. Reports of committees
F. Old business
G. New business
H. Educational Program
I. Coin exchange
J. Adjournment
SECTION 3: The club’s mission shall be to advance in popular esteem the knowledge andappreciation of numismatic art and science by providing a means of association for encouraging thestudy, collection and preservation of rare coins and other mediums of exchange.
ARTICLE II: OFFICERSSECTION 1: As provided in the Constitution, the Board of Directors shall include a president, vicepresident, secretary, treasurer, sergeant-at-arms, editor, an immediate past president, and six directors.
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SECTION 2: Duties of officers are as follows:
A. The president shall:
1. Preside at all meetings of the club and of the Board of Directors.
2. Call a meeting of the Board of Directors no later than January 15 to approve the annual
budget, and shall call at least one meeting of the Board of Directors during each of the othercalendar quarters of the year.
3. Appoint committee on finance, education, juniors, archives, newsletter, nominations andother matters as he or she sees fit to ensure orderly operation of the club.
4. Serve as an ex-officio member on all committees.
5. Fill, by temporary appointment, any vacancy in any position in the club until same is filledby the Board of Directors.
6. Assume responsibility to carry out any other functions not specifically delegated to otherofficers.
7. Prepare, with the Treasurer, an annual budget for approval by the Board of Directors nolater than December 31 of the preceding year.
B. The vice-president shall:
1. Arrange an educational program for each club meeting.
2. Preside at meetings if the president is not able to attend.
3. Succeed to the presidency should the president be unable to serve the remainder of his or herterm.
C. The Secretary shall:
1. Keep a true record of all meetings.
2. Maintain the membership roll, notify members of dues payment requirements, notify
members of any complaint against them, and provide mailing addresses for use in distributing
the newsletter.
3. Accept membership applications, take dues and surrender same to the treasurer, issue
membership cards, and handle routine correspondence.
D. The Treasurer shall:
1. Receive and deposit all funds paid to the club, prepare a monthly statement and report sameto the club.
2. Invest funds in accordance with directions from the Board of Directors.
3. Pay out money for legitimate expenses incurred by members, except that any expenditure inexcess of $100.00 shall be approved by the Board of Directors.
4. File necessary tax and information returns.
5. Act as resident agent for the corporation, if so designated by the Board of Directors.
6. Prepare, with the President, an annual budget for approval by the Board of Directors no later
than December 31 of the preceding year.
E. The sergeant-at-arms shall be the Club’s constitutional authority, ruling in all disputes
concerning the club’s procedures and actions.
F. The immediate past president shall serve as an advisor to the president.
G. The editor shall publish and distribute the monthly club newsletter in accordance withguidelines established by the Board of Directors.
H. Directors shall represent the general membership and advise the president.
SECTION 3: All officers shall be eligible for re-election.
SECTION 4: All officers are expected to attend periodic board meetings. The president may excuse amember from attendance, providing there is a compelling reason. Otherwise, any officer who fails toattend two or more board meetings during a one-year period may, at the discretion of the board, beremoved from office.
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ARTICLE III: ELECTIONSSECTION 1: No later than the September meeting, the president shall appoint a committee of threemembers, who shall nominate a slate of candidates for office for the following year. The committee
may slate more than one candidate for each office. The slate will be announced to the membershipduring the October meeting.
SECTION 2: Other candidates may be nominated. Such a nominee must be endorsed by at least threeother members in good standing and must be submitted to the club secretary no later than November 1.
SECTION 3: The election of officers shall be conducted during the November meeting. Should a tie
result for an office, the Board of Directors shall convene and break the tie.
SECTION 4: The officers shall take office during the December meeting (banquet), or December 15,
whichever date comes first.
ARTICLE IV: BOARD OF DIRECTORSSECTION 1: As provided by its constitution, the club shall be operated by its Board of Directors, whoshall have exclusive authority to initiate amendments to the constitution and by-laws.
SECTION 2: The board also shall maintain operating control of the club.
SECTION 3: The board shall have control over all disputed matters.
SECTION 4: A majority of the Board of Directors must be present to constitute a quorum for ameeting.
ARTICLE V: MEMBERSHIP AND DUESSECTION 1: The membership, as provided in the constitution, shall be composed of these categories:
regular, junior, life, honorary and associate.
SECTION 2: The Board of Directors shall set the dues schedule and amounts, except that life andhonorary members pay no dues.
SECTION 3: Dues for the calendar year shall be payable by January 1. Members whose dues are notpaid shall be notified by the secretary no later than the January meeting. Members whose dues are notpaid by the February meeting shall be dropped from the membership list.
SECTION 4: Membership applications shall be submitted on a form prescribed by the Board ofDirectors, who shall then rule on the acceptability of the applicant. One year’s dues payment shallaccompany the application. Should the board reject the application, the dues payment shall bereturned.
SECTION 5: Persons seeking re-instatement to membership shall follow the procedure set forth for
new members, except that they may request their old membership number if less than one year has
transpired since expiration of their membership dues.
SECTION 6: Members in good standing shall be those whose dues are paid.
SECTION 7: The Board may remove members for just cause. Just cause shall include, but not belimited to, conviction of a felony or excessive complaints before the Board of Directors.
SECTION 8: The membership list shall generally be considered privileged and not distributed beyond
the club. Should an outside entity wish to distribute literature to club members, the Board of Directors
may consider a mailing by the club itself for a nominal fee. Any such distribution shall be clearly
identified by the words “Mailed by I.C.C.”
ARTICLE VI: PUBLICATIONSECTION 1: The club shall produce and distribute a monthly newsletter that reaches the members
prior to the regular meeting. The newsletter shall be published by the editor.
SECTION 2: The newsletter may contain paid advertising. Rates shall be set by the Board ofDirectors.
SECTION 3: The secretary shall provide a list of current members and addresses for purposes ofmailing the newsletter.
SECTION 4: The editor shall not print any libelous or defamatory material.
(Constitution and by-laws current as of March 2017)4