Mission and Purpose Section 1. Capital contributed by the members may be retained to meet current losses and operating expenses only to the extent of reasonable needs such as retiring indebtedness, expanding services, or maintaining reserves for necessary purposes. Each account holder is entitled to one vote. Proxy voting shall not be permitted.
Membership is non-transferable.
Under no circumstances shall an individual's race, color, sex, religious affiliation, national origin, age, or disability be used to limit or favor membership, election to the Board of Directors, appointment to a committee, or to affect any other decision-making process. Upon presentation of a petition of five percent of the membership, the President of the Board of Directors shall be required to call a general meeting of the membership. Board of Directors Section 1. The initial Board of Directors shall consist of eleven individuals including representatives from Purdue University Cooperative Extension Service, Metropolitan School District of Martinsville, and Morgan County Public Library. Each Director's term shall begin on the first day of January and end on the last day of December unless such Director is appointed to fill the remaining term previously created by a vacancy.