ARTICLE I (Membership)

Section 1: Members of the corporation shall be classified as Regular Members, Honorary Members or Associate Members.

 

• Regular Members.
• Honorary Members.
• Associate Members.

• Any person, firm or corporation not a member of any organization whose aims and purposes are in conflict with those of this Corporation, regularly and primarily engaged in the commercial enterprise of preparing and certifying abstracts of title, and/or searches for title insurance, or in writing title insurance as a title insurance agent in the State of Florida either duly licensed as a title insurance agent by and in good standing with the Florida Department of Insurance or appointed to a title insurer and exempt from licensure under F.S. sec. 626.8417 is eligible to apply for regular membership in this Corporation. (amended 02/14/01)
• Any title insurer engaged in the title insurance business in the State of Florida which is duly authorized to transact such business therein is eligible to apply for regular membership in this Corporation if it will agree in writing to conduct business according to the Code of Ethics of the Florida Land Title Association, Inc., as said Code may exist from time to time. (amended 11/22/85)




Any person who has rendered signal service in the furtherance of the objects of this Corporation and has previously been a member of this Corporation or its predecessor and has either retired from active business or has reached the age of seventy (70) years shall be eligible for election to Honorary Life Membership in this Corporation.

Upon the recommendation of the Board of Directors at a regular or called meeting of the Corporation and upon the approval of a majority of those present and voting, an Honorary Life Membership may be granted to any person qualifying under the above. (amended 11/16/79)

Associate Membership shall be limited to those not qualified for Regular Membership. Associate Membership shall be available to any individual, sole proprietorship, partnership, corporation or other business entity engaged in providing services related to the land title industry as defined by the Board of Directors; however, no Associate Membership shall be available to an applicant that is affiliated with; is a wholly owned subsidiary of; or a stockholder in the business of an abstracter, searcher, title insurance agent (other than one who is exempt from licensure under F.S. 2ec. 626.8417) or title insurer that may qualify or be eligible to apply for Regular Membership as defined in Section 1.A. of this Article. Associate Members may attend any meeting of the Association or its Zones, except executive sessions, and may participate in the deliberation and discussions but may not vote. Associate Members shall not be eligible for elective office; but, shall be eligible for appointment to committees that only handle matters related to the business or service engaged in by the Associate Members. (amended 02/14/01)

Section 2: Election to Membership.
 

• Regular Membership.
• Honorary Membership.
• Associate Membership.

Any person, firm or corporation eligible for membership in this Corporation as a regular member shall file with the Executive Secretary-Treasurer of this Corporation a written application for membership. Upon the receipt of the appropriate dues payment, according to the current dues schedule, the applicant shall immediately become a member of this Corporation. (This change in the by-laws eliminates the necessity of submitting the names of prospective regular members to the Board of Directors for review and comment). (amended 11/2/93)

Suggestions for the election of any person to Honorary Membership may be made by a Regular Member to the Board of Directors of this Corporation. This Board of Directors shall submit its nominations to the membership of the Corporation for vote at its next annual convention. Election to such Honorary Membership shall be by majority vote of those members voting.

Any individual, partnership, corporation or other business wishing to become an Associate Member of this Corporation shall file with the Executive SecretaryTreasurer of this Corporation a written application for membership. Application shall be approved or disapproved by the Board of Directors. The action of the Board of Directors shall be determined by majority vote of the Board. (amended 11/21/86)

Section 3: Termination of Membership.

• Withdrawal.
• Change of Ownership.

Any regular member may terminate membership to the Corporation by filing a written withdrawal from the Corporation with the Executive Secretary- Treasurer, but shall not be released by reason of such withdrawal from liability for arrears in dues or other obligations to the Corporation.

In the event of a sale of a 50% or more interest of the assets or plant facilities or stock of a regular member to any person, firm or corporation not a member of this Corporation, the membership of such regular member shall automatically be revoked as of the time of the closing of such sale. Such person, firm or corporation acquiring assets or stock as specified hereinabove, shall be required to make a new application of membership, as provided under Section 2 of this Article.

ARTICLE ll (Dues and Assessments)

Section 1: Regular Members and Associate Members.

Each regular member and associate member shall pay dues in accordance with a schedule to be fixed by the Board of Directors and approved by the membership of the Corporation at each annual convention for the year next ensuing. Dues will be due and payable on January 1st of the dues year, at the office of the Executive Secretary- Treasurer, and shall be delinquent automatically on April 1st of that year. Any member or associate member who shall be delinquent in payment of dues as specified in the immediately preceding sentences shall be suspended, automatically, and shall lose all voting privileges during the period of suspension. (amended 11/21/ 86)

Section 2: Assessments.

No monetary assessment shall be imposed on the membership unless such proposed assessment is first submitted to the membership at either an annual, mid-year, committee workshop or special meeting, or by mail if no such meeting is held, and the proposal is adopted by the affirmative vote of a majority of those present and voting if at a meeting, or if the vote is taken by mail, by a majority of those voting. Where the vote is by mail the membership shall be entitled to twenty (20) days written notice of such proposal which shall state the proposed amount and due date of the assessments. The said twenty (20) days shall be computed from the date of mailing by the Executive Secretary-Treasurer. The members shall cast their votes within said twenty (20) days. However, such assessment shall become delinquent if not paid within sixty (60) days from due date.

Section 3: Delinquency, Suspension and Revocation for Failure to Pay Dues and/or Assessments.

 

The Executive Secretary-Treasurer shall report to the Board of Directors at its first meeting held after April 1, a list of all members whose dues have not been paid and who thereby have become delinquent and suspended: and shall also report to the Board of Directors, as required by it, a list of all members delinquent in the payment of assessments. The Board of Directors shall at any such meeting either revoke the membership of such delinquent members for non-payment of dues and/or assessments immediately, or continue the suspension for an additional 60 days computed from the time of such meeting, at which time the suspension shall automatically become a revocation. A member who has been automatically suspended for non-payment of dues and/or assessments shall be reinstated only upon payment of all dues and/or assessments past due, prior to revocation of membership. If the membership of a suspended member is revoked, and said member applies for a new membership in the Corporation, said applicant must accompany his application with payment of all dues and/or assessments owed to the Corporation at the time of revocation. The vote of the Board of Directors shall be by majority of the entire Board, and such action of Board of Directors shall be final.

Section 4: Sustaining Fund.

In order that this Corporation may be adequately financed and thereby enabled more effectively to carry out the objects and purposes for which it was incorporated, provision is hereby made for the creation of a Sustaining Fund to be paid by voluntary subscriptions of the members of such basis as the Board of Directors shall prescribe. Members who contribute to this fund shall be additionally designated and credited on the records of the Executive Secretary-Treasurer as Sustaining Fund Members in recognition of the services rendered. The Sustaining Fund shall be subject to the provisions regarding control as to deposits, investments and expenditures thereof as are all other funds of the Corporation. Provided, further, that this Sustaining Fund is not compulsory and shall not be operative unless the Board of Directors deems it advisable.

ARTICLE III (Officers, Board of Directors and Committees)

Section 1: Officers.

The officers of this Corporation shall consist of a President, First Vice President, seven Zone Vice Presidents and an Executive Secretary-Treasurer. All officers except the Executive Secretary-Treasurer shall be chosen from a list of officers or managers of firms or corporations which are members in good standing of this Corporation. Each Zone Vice President shall be in charge of a Zone as designated in Article V, and shall reside therein. The Executive Secretary-Treasurer shall be appointed by the Board of Directors at a called meeting of said Board on the adjournment of the employed by a member of this Corporation.

Section 2: Sections.
The following sections of this corporation are hereby established:

1. Title insurers section which shall include all title insurer members not eligible for the abstractors and licensed title insurance agents section in accordance to paragraph B of this section.
   
   This Section will also include a forms committee, which shall be comprised of all section members and shall include a representative from the abstractors and title insurance agents’ section as a non-voting member to be appointed by the chairperson of the Agents’ Section. This committee shall work in conjunction with the Department of Insurance in order to assist the Department, in a strictly advisory capacity, with the approval of title insurance forms, the promulgation of rules relating to title insurance forms, and other issues associated thereto, excluding issues pertaining to rates or rating issues. The chairperson of the section shall appoint the chairperson of the committee, who shall schedule and provide notice of meetings and make appointments to subcommittees on specific issues and projects of the committee. (amended 10/31/ 95)
2. Abstractors and title insurance agents section shall include all abstractors and licensed title insurance agent members not eligible for the title insurers section in accordance to paragraph A of this section.
3. Each section may adopt by-laws and conduct activities that are not inconsistent or in conflict with the By-laws of this Corporation. Voting on section matters shall be limited to members of the Section.
4. The administration of each section shall be vested in the executive committee composed of a chairman, vice chairman, secretary and four (4) other members each of whom shall be members from that Section.
5. Pursuant to Article IV, Section 7, the nominating committee shall make nominations for the seven members of the executive committee for each Section. The Board of Directors shall appoint the chairman of each Section. (amended 11/2/93)
6. The chairman of each Section shall serve a term of two years. The six other members of the executive committee of each section shall serve staggered three year terms. Initially, two members shall serve terms of one year, two shall serve terms of two years and two shall serve terms of three years in order to establish the three-year staggered terms.
7. If at any time after the election of any member of the executive committee of each Section for any reason fails to function in the opinion of the Board of Directors or a vacancy of the office occurs, the Board of Directors shall elect a successor to such office to serve out the unexpired term.
8. The chairman of each section shall be the chief executive officer of the Section, and shall serve on the Board of Directors of the corporation. Initially, one section chairman shall also serve as First Vice President, shall automatically succeed the President; thereafter the section chairman with seniority on the Board of Directors in alternating procedure annually shall succeed to First Vice President and the following year serve as the President. The Chairman of the Section shall preside at all meetings of the Section.
9. Each Section shall meet at the annual convention but only during times assigned or times that will not conflict with the convention program. In addition, each Section may meet at any other time deemed necessary by the chairman. (created 11/17/89)

Section 3: Elections.

• Officers:
• Past-Presidents' Council.
• CLS Section.
• Installation Ceremony:


The President and First Vice President shall be elected each year at the annual convention and shall serve until the next annual convention or until their successors have been elected and qualified. The Zone Vice Presidents shall be elected as follows: Zone Vice President for Zones I, II and V shall be elected at the annual convention of each odd numbered year for a term of two years; Zone Vice President for Zones II, IV, VI and VII shall be elected at the annual convention of each even numbered year for a term of two years. The newly elected officers, after having been duly installed, shall take charge of the affairs of this Corporation immediately upon the adjournment of the annual convention, and the retiring officers shall forthwith deliver all property, records and monies in their possession which belong to the Corporation to the newly elected officers. If at any time after the election any officer or officers should for any reason fail in the opinion of the Board of Directors to function as an officer of this Corporation, the Board of Directors (as designated in Section 3 of this Article) shall elect a successor to the vacant office or offices, to serve out the unexpired term, except that if the President should so fail, the First Vice President shall assume the balance of his term. (amended 11/12/82)
There is hereby established a Past-Presidents' Council to be composed of all members in good standing, or office, managers or employees of members in good standing of this Corporation, who have previously served the membership of this Corporation or its predecessor as its President.
There is hereby established a Section, designated “The Florida Institute of Certified Land Title Searchers” Section, to be conveniently known as the “CLS Section.” This section shall be composed of members or officers, managers or employees of members in good standing, who have qualified under the Rules and Procedures of this Section as outlined in Article IV, Section 11.
The officers of this Corporation shall be installed in a ceremony to be administered by an officer of the American Land Title Association, if present. If none is present, then by the Immediate Past President of this Corporation. In his absence, any prior past president in attendance selected by the retiring President shall conduct the ceremony. The following language is suggested but is not required.

“It is an honor and a privilege for a person to be selected by the members of his or her profession to serve in a capacity of leadership. But this honor carries with it a great responsibility; a responsibility that has been borne with courage and distinction by your predecessors. Yours is no easy task; as an officer of the Florida Land Title Association, Inc., it will be your duty to render objective judgment over controversial issues involving your own economic well-being and the prosperity and progress of your own company. You will find the hours are long, the decisions are sometimes difficult, and the demands upon your time and talent are many, but the rewards are great. Do you solemnly promise to uphold the Constitution of the United States of America and the Constitution of the State of Florida, and to uphold and observe the Constitution of the American Land Title Association and of the Florida Land Title Association, Inc., and to render to this Corporation and its members, faithful and honest service during the full term of your office as set forth in the By-Laws of this Corporation.”

Response - “I do.”

And now by the authority conferred upon me by the Florida Land Title Association, Inc., by-laws, I do hereby charge each of you individually and all of you collectively to dedicate yourselves to the faithful performance of your duties and responsibilities which you have accepted, and I do hereby declare you to be duly installed.”



Section 4: Board of Directors.

There shall be a Board of Directors composed of the President, Immediate Past President, First Vice President, Chairman of the abstractors and licensed title insurance agents Section, Chairman of the Title Insurers' Section, the seven Zone Vice Presidents, the Chairman of the Past Presidents' Council and the Chairman of the Certified Land Title Searchers Institute Section (the CLT Institute Section). The Board of Directors shall also function as the Budget Committee. Seven members of the Board of Directors or the Budget Committee shall constitute a quorum at any official meeting of either the Board of Directors or the Budget Committee. The Chairman of each section in an alternating procedure shall succeed to President as set forth in Article III, Section 2 Paragraph H. (amended 11/17/89)

Section 5: Executive Secretary-Treasurer.

The Executive Secretary-Treasurer shall be the only officer of the Corporation entitled to compensation for services rendered. Such compensation shall be prescribed annually by the Board of Directors.

Section 6: Committees.

The President shall appoint annually as soon as possible after taking office the following committees:



1. Governmental Affairs and Judiciary Committee shall consist of a representative from each of the title insurers, duly authorized to do title insurance business in the state of Florida, that is a member in good standing, and an equal number of members which shall be from title insurance agents. Five members or sufficient members to fill all existing vacancies on the committee shall be appointed each year with each member serving a term of four years. Not more that one member shall be associated with or employed by the same firm or entity. The President shall appoint a chairman and a vice-chairman to the committee, one of which shall be associated with or employed by a title insurance agent and one associated with or employed by a title insurer. The chairman's term shall be for one year and shall be succeeded by the vice-chairman. The vice-chairman shall also assume the duties of the secretary for the committee.
   (amended 11/5/98)
2. By-Laws Committee, the membership and duties of which are provided for in Article IV, Section 8.
3. Membership Committee, which shall consist of the Zone Vice Presidents.
4. The Florida Bar Liaison Committee.
5. Convention Committee.
6. Claims Prevention, Avoidance and Education Committee. Consisting of fifteen (15) members; The membership of the committee shall be made up of individuals engaged in the title insurance industry through a title insurance agency or title insurer duly authorized to conduct title business in the State of Florida, and Associate members engaged in claims resolution, not more than one member of which shall be associated or employed by the same firm or entity. The President shall appoint a Chairperson and Vice-Chairperson to the committee, one of which shall be employed by title agency and one associated or employed by a title insurer.
   
   The Chairperson’s term shall be for one year and shall be succeeded by the Vice-Chairperson. The purpose of this committee shall be to educate the membership in matters of claims avoidance and prevention and other claims matters as the committee may see fit. (amended 10/31/95)
7. The President may appoint any other committee he deems necessary or advisable but only with the approval of the Board of Directors.
   
   The President, First Vice President and Executive Secretary-Treasurer shall be ex-officio members of all appointed Committees (amended 11/ 16/79)

ARTICLE IV (Duties of Officers and Committees)

Section 1: President.

The President shall be the Chief Executive Officer of the Corporation. He shall call and preside at all meetings both regular and special, and shall perform all duties which such executive would be expected to do. He shall appoint and designate committees as prescribed in Article III, Section 5 and he shall at all times consult with his Board of Directors on matters of policy in the conducting of the affairs of the Corporation.

Section 2: First Vice President and Zone Vice Presidents.

The First Vice President and the Zone Vice Presidents shall assist the President in the administration of the Corporation's affairs, and keep the President informed at all times on matters of importance concerning the Corporation throughout the State.

Section 3: Executive Secretary-Treasurer.

The Executive Secretary-Treasurer shall collect all dues, assessments and contributions from the members and keep a proper record of such payments, and shall inform the President and Board of Directors on request of the names of members who have not paid dues and/or assessments. The funds of the Corporation shall be paid out by the Executive Secretary- Treasurer in such a manner as may be prescribed by good usage and by good bookkeeping, or paid out by the Board of Directors in the event the Executive Secretary- Treasurer fails to qualify or function. The Executive Secretary-Treasurer shall be the custodian of all the funds of the Corporation, and shall be under the direction and control of the President and Board of Directors at all times; Executive Secretary-Treasurer shall be placed under an appropriate bond, the amount and conditions thereof to be prescribed by the Board of Directors and in an amount of not less than $25,000, the premium therefor to be paid from Corporation funds. An accounting shall be made in a report by the Executive Secretary-Treasurer to the members in annual conventions. He shall furnish the Board of Directors an annual financial report and audit prepared by a certified public accountant covering the fiscal year ending September 30 prior to each annual convention. A copy of the report and audit shall be made available to any member requesting same.

The Executive Secretary-Treasurer shall be required to keep an accurate record of all minutes of the meetings of the Florida Land Title Association, Inc. at its regular conventions and all meetings of the Board of Directors.

The Executive Secretary-Treasurer shall be the Editor of the Florida Land Title News and shall be responsible for its regular publication and mailing.

Section 4: Board of Directors.

The Board of Directors, in addition to the duties and responsibilities set forth in Article III, Section 4, is charged with assisting the general welfare of the Corporation and shall be authorized to do all things and to perform all duties necessary for its good. It shall transact such business for the Corporation as shall arise between its annual conventions and it shall perform such other duties as it may be directed to perform by the general membership at any special meeting or annual convention. The Board of Directors shall fix the time and place for the annual convention of the Corporation unless fixed by the previous annual convention. The Board of Directors shall hold a mid-year meeting at least (3) months prior to each annual convention. The Board of Directors shall appoint the Executive Secretary-Treasurer as provided in Article III, Section 1. The Board of Directors shall also be empowered to dismiss the Executive Secretary-Treasurer or request his resignation in the event the Board of Directors should deem any such action to be in the best interest of this Corporation. The Board of Directors shall fill any vacancy in the office of the Executive Secretary-Treasurer, and such officer shall hold office until his successor is duly appointed as provided by Article III, Section 1.

Section 5: Membership Committee.

The duties of the Membership Committee shall be to obtain new members for the Corporation and to investigate qualifications of applicants when requested by the Board of Directors.

Section 6: Governmental Affairs & Judiciary Committee.

The Governmental Affairs & Judiciary Committee shall investigate and make reports on laws and decisions which vitally affect those in the abstract and title business in this state. Reports on such legislation and court decisions shall be made to the Executive Secretary-Treasurer, who in turn will disseminate the same to all members of the Corporation. This Committee shall have the power to act with regard to legislation pending before the State Legislature on matters affecting the interest of the members of this Corporation in a manner not inconsistent with the remainder of the Section. The committee shall prepare such legislation as in its judgment should be sponsored by the Corporation and submitted to the Legislature for enactment. Any such proposed legislation shall first be submitted by the Committee to the Board of Directors for approval or rejection. In the event the Board of Directors approves the same such proposed legislation shall be submitted to the next ensuing annual convention, special or mid-year meeting of the Corporation for approval or rejection and the Committee shall take action in accordance therewith. A detailed report of the activities of this Committee shall be made at each annual convention. Provided, however, that during sessions of the Florida Legislature, the Committee may take whatever emergency action the majority of the Committee may agree upon, after receiving consent of a majority of the Board of Directors. Such consent of the Board of Directors may be obtained by telephone, or by a special called meeting at the discretion of the President.

Section 7: Nominating Committee.

A Nominating committee shall be composed of the 3 most recent Past Presidents of this Association who are in good standing. The immediate Past President shall serve as Chairperson. In the event any of said 3 Past Presidents are unable or unwilling to serve, then the active President shall immediately fill any vacancy by appointing a Past President who is in good standing. The Nominating committee shall make nominations for all elective offices and make its report thereof at the annual convention, pursuant to the following:

1. the Nominating Committee shall promote the widest possible representation of both title insurer members abstractor members, or title insurance agent members in making nominations for all elective offices;
2. not more than one nominated person shall be associated with or employed by a title insurer member, abstractor member, or title insurance agent member who already has a member of their organization on the board, and shall endeavor to balance the composition of the board equally between insurer members and title insurance agent members.
   The Nominating Committee shall be required to make nominations sufficient to insure, to the extent practicable, that at all times there shall be serving on the Board of Directors, at least three agent members who are neither attorneys nor employees or owners of equity interests in agencies in which attorneys are owners of equity interests.
3. This section shall not apply to nominations for the Certified Land Title Searchers Institute Section or for the Past Presidents' Council. (amended 11/16/90)

Section 8: By-Laws Committee.

The Committee on By-Laws shall consist of not less than three (3) members. The Chairman of said Committee shall be appointed from the Board of Directors. All motions and resolutions involving changes in or amendments to the By-Laws shall be referred to said Committee for study, and it shall make a report at each annual convention or at any special or mid-year meeting as provided for in Article VII.

Section 9: Convention Committee.

The Convention Committee shall consist of two (2) or more members. Said Committee shall be charged with the responsibility of assisting the President and Board of Directors in making arrangements for facilities and accommodations for the annual convention.

Section 10: Past-Presidents' Council.

The Past-Presidents' Council shall promote and carry out appropriate special projects which will help to advance the common interest of the members of this Corporation. This council shall assist the Board of Directors by serving in an advisory capacity in the handling of the affairs of this Corporation. This council shall hold a meeting once each year immediately prior to or at the time of the annual convention for the purpose of selecting its chairman for the ensuing year and for carrying out the other business of this council. The council may also hold other meetings during the year as its chairman may deem advisable. The Past-Presidents' Council may adopt its own rules of procedure so long as such rules not be in conflict or be inconsistent with the By-Laws of the Florida Land Title Association, Inc. The chairman of the Past Presidents' Council, and two other members of the Council chosen by the Chairman, shall constitute the Sam Mansfield Scholarship and the Marjorie Sheridan Schwartz Scholarship Award selection committee. This committee shall have the sole authority and obligation to select the winner of the Sam D. Mansfield Scholarship and Marjorie Sheridan Schwartz Scholarship each year.

Section 11: "CLT Institute Section".

The Florida Institute of Certified Land Title Searchers is hereinafter referred to as the CLT Institute Section. The CLT Institute Section shall be composed only of members or employees of members of the Corporation who have qualified under the Rules and Procedure of this Section. The CLT Institute Section shall be governed by its own Rules of Procedure, which shall not conflict or be inconsistent with the By-Laws of this Corporation. The CLT Institute Section shall be self-supporting and shall not obligate the Corporation for any expenditures in its behalf. The sole purpose of the CLT Institute Section shall be to promote a greater degree of professionalism throughout the industry and to assist the Corporation in its educational program.


ARTICLE V (Zoning of State)

Section 1: Zones.

For the convenience of the Corporation the State of Florida shall be divided into seven (7) zones, each presided over by a Zone Vice President residing within the bounds thereof, said Zones to be as follows:

Zone No 1: To comprise the counties of Bay, Calhoun, Dixie, Escambia, Franklin, Gadsden, Gulf, Holmes, Jackson, Jefferson, Lafayette, Leon, Liberty, Madison, Okaloosa, Santa Rosa, Taylor, Wakulla, Walton, and Washington.

Zone No. 2: To comprise the counties of Alachua, Baker, Bradford, Clay, Columbia, Duval, Flagler, Gilchrist, Hamilton, Levy, Marion, Nassau, Putnam, St. Johns, Suwannee, and Union.

Zone No. 3: To comprise the counties of Citrus, Hernando, Lake, Orange, Osceola, Pasco, Seminole, Sumter, and Volusia.

Zone No. 4: To comprise the counties of DeSoto, Hardee, Highlands, Hillsborough, Manatee, Pinellas, Polk, and Sarasota.

Zone No. 5: To comprise the counties of Indian River, Martin, Okeechobee, Palm Beach, St. Lucie, and Brevard.

Zone No. 6: To comprise the counties of Broward, Dade, and Monroe.

Zone No. 7: To comprise the counties of Charlotte, Collier, Glades, Hendry, and Lee.

Each Zone Vice President shall have the power to call meetings of the various members of his Zone when he deems such meeting necessary or advisable and shall do so upon being requested by the President of the Corporation. In all events each Zone Vice President shall hold at least one Zone meeting of the members of his Zone during each calendar year. Each Zone Vice President is to assist the President and Executive Secretary-Treasurer in every appropriate way possible in the general administration of the affairs of the Corporation, such as collection of dues, increasing the membership, making personal contact with the members in his Zone and working for the good of the Corporation. (amended 11/12/82)


ARTICLE VI (Fiscal Year)

Section 1: Fiscal Year and Audits.



The fiscal year of the Corporation shall be from October 1 to September 30 of each year. The Executive Secretary-Treasurer shall keep appropriate books and financial statements and submit them to the certified public accountant for audits in the manner provided herein before in Article IV, Section 3.


ARTICLE VII (Amendment and Revision)

Section 1: Amendments.


At any annual convention or mid-year meeting or at any special meeting called for the specific purpose, these By-Laws may be amended or revised after circulation to the membership of the proposal at least thirty (30) days prior to said meeting, by a two-third vote of the qualified members present at such meeting.



ARTICLE VIII (Meetings and Representation)

Section 1: Meetings.



This Corporation shall hold an annual convention meeting at such time and place as may be fixed by the Board of Directors elected at the preceding annual convention meeting. At every meeting or convention of this Corporation each Regular Member present and in good standing shall be entitled to one vote. Any company, corporation or individual holding regular membership may send one or more delegates to any meeting or convention of the Corporation, but such delegate or delegates shall be limited to one vote for each regular member. The order of business to be observed at such meeting or convention shall be prepared under the supervision of the President with the assistance of the Board of Directors.

Section 2: Vote.

At all meetings of the membership, Board of Directors or Committees, a majority vote shall be required to carry a motion or proposal, except as follows: Wherever in the By-Laws reference is made to the proporation of the vote of membership requisite to carry a motion or proposal, it shall mean those members who are physically present at the meeting in which the vote is taken unless, however, the reference is specifically to the entire membership. No vote may be cast by proxy at any regular, special, committee workshop or mid-year meeting of the members. The Board of Directors may permit proxy voting in committee meetings. (amended 11/12/82)


ARTICLE IX (Waiver of Certain Rights)

Section 1: Rights of Members.



Upon the adoption of these By-Laws of the Florida Land Title Association, Inc., it is hereby provided that nothing herein contained shall be interpreted so as to divest any present member in good standing of membership in the Corporation.