| | | Sec. 1. Phi Eta Kappa Building Association recognized as a nonprofit corporation. | | Resolved: That the Phi Eta Kappa Building Association, on file with | | the Secretary of State as a business corporation under the Maine | | Revised Statutes, Title 13-A, as of the effective date of this | | resolve must be recognized as a nonprofit corporation for all | | purposes under Title 13-B. This nonprofit corporation replaces | | the business corporation, but retains the original filing date of | | June 24, 1907; and be it further |
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| | | Sec. 2. Officers and directors. Resolved: That, until the next meeting of | | the board of directors of the corporation following enactment of | | this resolve, those individuals that are serving as the directors | | and officers of the corporation as of the date of enactment of | | this resolve may continue to serve in those positions at their | | discretion. Any vacancies on the board or of officer positions | | must be filled by a vote of the majority of those directors | | remaining on the board; and be further |
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| | | Sec. 3. Bylaws. Resolved: That the directors of the corporation may | | amend the bylaws of the corporation to conform those bylaws with | | the Maine Nonprofit Corporation Act, the Maine Revised Statutes, | | Title 13-B; and be it further |
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| | | Sec. 4. Retroactivity. Resolved: That this resolve applies retroactively | | to January 1, 2001. |
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| | | This resolve gives nonprofit corporation status to the Phi Eta | | Kappa Building Association and allows the board of directors of | | the corporation to amend the bylaws to conform to the Maine | | Nonprofit Corporation Act. |
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