BY-LAWS OF TRIPOLI COLORADO
ARTICLE ONE - ORGANIZATION
The name of this organization shall be Tripoli Colorado.
ARTICLE TWO - PURPOSE
The organization is organized exclusively for charitable, religious, educational, and scientific purposes under section 501(c)(3) of the Internal Revenue Code, or corresponding section of any future federal tax code, to support hobby rocketry.
ARTICLE THREE - MEMBERSHIP
Membership in the organization shall be open to all serious minded rocket enthusiasts who pay the organization's annual dues, as set by the board.
Voting members must be members in good standing aged 18 years or older.
Voting members have the right and responsibility of overseeing the board members and officers, and ensuring that they operate in accordance with the goals and principles of the organization. All board members and officers are ultimately responsible to the membership, and should act in accordance with its wishes.
Membership may be terminated by vote of the board, such as for gross violation of safety codes.
Members wishing to leave the organization may do so at any time by notifying the secretary in writing of their desire for membership to be terminated.
ARTICLE FOUR - MEETING
The organization shall have an annual membership meeting, at a time and place defined by the board. Notice of the annual meeting will be published at least 2 weeks in advance, on the organization's web site and via an email distribution list of members.
ARTICLE FIVE - VOTING
Each voting member shall have one vote.
Any question may be voted upon by the voting membership at the annual meeting in the manner and style deemed appropriate by the secretary of the organization or chairman of the meeting.
Quorum for votes of the voting membership shall consist of those voting members present at the annual meeting.
ARTICLE SIX - BOARD OF DIRECTORS
The organization shall be managed by a Board of Directors, consisting of 3 to 9 members.
Board members shall be chosen at the annual meeting of the organization by the voting members.
The board shall have the control and management of the affairs and business of this organization.
The board may meet at any time by in-person or electronic means. Each director shall have one vote. Participation by no less than 2/3 of the board shall constitute quorum for any decision of the board.
A director may be removed when sufficient cause exists for such removal. The board may entertain charges against any director. A director may be represented by counsel upon any removal hearing. The
board shall adopt such rules as it may in its discretion consider necessary for the best interests of the organization, for such a hearing.
ARTICLE SEVEN - OFFICERS
Officers of the organization are members of the Board of Directors, and include President, Secretary, Treasurer, and Prefect. The same individual may hold more than one office, except that the Secretary may not also be the President or Prefect at the same time.
The President shall preside at all meetings, and have such powers as may be reasonably construed as belonging to the chief executive of any organization.
The Secretary shall keep the minutes and records of the organization, and be the official custodian of the records of the organization.
The Treasurer shall have the care and custody of all monies belonging to the organization, be solely responsible for such monies or securities of the organization, and be one of the officers who may sign checks or drafts of the organization. The Treasurer shall render at the annual meeting and to the board on request an account of the finances of the organization.
The Prefect shall interact with the Tripoli Rocketry Association, Inc, meet all of their requirements for the role of Prefect, and possess all the powers defined for this role by the national organization. The Prefect shall update members on new or pressing news and/or progress on the national level.
No officer or director shall for reason of the office be entitled to receive any salary or compensation.
ARTICLE EIGHT - AMENDMENTS
These by-laws may be altered, amended, repealed or added to by vote of the Board of Directors.
Revision 1, January 2024 - simplified bylaws meeting requirements for a Colorado Nonprofit Corporation replace previous bylaws last updated in 2014