Salem Woods Maintenance Association Phases II, III & IV

Section 3. Election. The members of the Service Corporation shall elect the Executive Officers for a two-year term. The Directors shall hold office until the second annual election and until their successors are elected and qualify. Two years after the first election the first vice president will become the president for a two year term. After another two year term (four years after the original election) the second vice president will become president. This process will insure that the president is always experienced in the structure of the Service Corporation. The offices of second vice president, secretary, corresponding secretary, and treasurer will be a two-year term.