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FOR SALE BY WEEK FOR TRADE BY WEEK FOR RENT BY WEEK FOR TRADE BY LOCATION FOR SALE BY LOCATION FOR RENT BY LOCATION

PURPOSE OF THE CLUB
1. ENHANCE THE VACATION EXPERIENCES OF CLUB MEMBERS BY USING THEIR TIMESHARE TO BUY, SELL, RENT, EXCHANGE WITH OTHER TIMSESHARE MEMBERS.
2. EDUCATE CLUB MEMBERS BY PRESENTATIONS OF MEMBERS EXPERIENCES AND OUTSIDE SPEAKERS
3. ESTABLISH AND MAINTAIN TIMESHARE SOFTWARE AND WEBSITE WHERE MEMBERS MAY LIST THEIR TIMESHARES FOR A FEE (12 MONTH) SET BY CLUB OFFICERS.


ARTICLE I - MEMBERSHIP

Section 1. Membership. Any resident of the Villages shall be eligible for membership in the Timeshare Club and
 shall complete an application form.

Section 2. Dues. Annual Membership dues shall be set, from time to time by the Club Officers. Dues are payable
 when application for membership is submitted and shall become due for renewal on January 1st of each year.

Section 3. Termination of Membership. A membership will be considered as lapsed and automatically terminated
 if such member's dues remain unpaid ninety days after becoming due. In no case will a person be entitled to vote 
 whose dues are unpaid.

ARTICLE II- MEETINGS

Section 1. Membership Meetings. Membership meetings of the Villages Timeshare Club (VTC) shall be at a place, date
 and hour designated by the Club Officers. Written notice of the monthly meeting shall be communicated to
 each member at least one week prior to the meeting date. The Village Daily Sun newspaper and VTC website are
 acceptable as written notice. Membership meetings may be replaced by special events. A quorum shall consist of
 those members present.

 
ARTICLE III – CLUB OFFICERS

Club Officers Meetings. The Clubs Officers shall consist of the Officers and Committee Chairpersons.
 Meetings shall be held on a monthly basis. The time, date and location shall be set by the Officers at its meeting the month prior.

Section 1. Officers. Terms of office shall be for one (1) year.  Elections shall normaly be held at the January meeting each year.

A.     The President shall preside at all meetings of the VTC and of the Board. He/she shall be an ex-officio
 member of all committees of the VTC.

B.     The Treas. shall have such duties as are assigned by the Pres., which shall include:

a.      Provide for the custody of the funds of the VTC, and for the proper disbursement of such funds.

b.      Provide for the collections and receipt of monies earned in any manner by the VTC.

c.      Prepare an accounting monthly and at any time as requested by the Officers or the President.

d.      Manage the Club’s financial business, using such banks and accounts as are authorized or approved by the Pres. and Treas. All such accounts shall be carried in the name of the VTC.

C.  The Webmaster shall maintain and update the VTC timeshare program.  

D.  The Progam and Publicity Officer shall set the program for meetings, notification of meetings, communication, and publicize the VTC and meetings.

E.  The Membership Officer shall assist the Webmaster in maintaining the timeshare software and database, greet new and perspective members and provide application forms and information. 


Section 4. Vacancies. Any vacancies occurring on the Club Officers, or among the officers during the year
 shall be filled by the appointment of the Pres. for the unexpired term of office.

Section 5. Expenses. Appropriate expenses incurred by the Club officers or members shall be reimbursed, if pre-approved by the Pres. or Treas.

ARTICLE IV-THE VTC YEAR; ELECTIONS AND NOMINATIONS

Section 1. Voting. Voting on all matters shall be limited to those members whose dues are paid. Voting by proxy
 shall not be permitted. Voting on amendments to the By-Laws shall be decided by a show of hands of the general
membership. All other matters shall be voted on by those present at the monthly meetings or at a special meeting
 by a show of hands.

Section 2. Annual Election of Officers. The election of Officers shall be conducted by a show of hands at the
January meeting and every succeeding January.

Section 3. 
Nominations for officers shall be taken from the floor at the November meeting.

ARTICLE V-AMENDMENTS  DUPLICATED FROM ART IV - Sect 1 above??????????

Section 1. Approval of Amendments. The By-Laws may be amended by a show of hands at any time provided a copy of
the proposed amendment has been communicated to each member. The favorable vote of two-thirds (2/3) of the members
  present shall be required to implement any amendment.

ARTICLE VI -DISSOLUTION

Section 1. The VTC may be dissolved at any time. After payment of debts, the VTC’s assets shall be given to
 a charitable organization selected by the Club Officers.