ARTICLE XV | BYLAW AMENDMENTS

SECTION 15.01. POWER TO AMEND.  The Cooperative's Bylaws may, subject to Section 15.02 be changed (adopted, amended or replaced) by the members; PROVIDED, either the Board of Directors or the members may change any bylaw if, as established by law, such bylaw is illegal or has become a legal nullity or when necessary to comply with Postal Regulations or Internal Revenue code.

SECTION 15.02. PROCEDURE FOR AMENDING.  A bylaw may be changed only if (1) a copy or an accurate summary explanation of the proposed change is contained in or with the notice of the member or Board meeting at which it is to be acted upon; and (2) if to be acted upon by the members, it is sponsored by the Board of Directors or at least fifty (50) members who over their signatures file with the Cooperative a petition, proposing such change and setting forth with particularity the wording thereof and the time that the change is to become effective, at least forty-five (45) days prior to the date of the member meeting at which such change is proposed to be acted upon; PROVIDED, if the Cooperative is presented with a written request by one or more, but less than fifty (50) members that a bylaw change be noticed to and acted upon by the members, and if the request sets forth with particularly the wording of the proposed change and the time that the change is to become effective, the Board of Directors may, but shall not be obligated to, waive the foregoing petition requirement and cause such proposed bylaw change be noticed or acted upon; PROVIDED FURTHER, the Board of Directors shall not cause any proposed bylaw change to be noticed or acted upon, or permit any amendment to a proposed bylaw change to be acted upon, if it determines that such, if adopted, would be illegal or a legal nullity.  A change so noticed may be amended from the floor of the member or Board meeting at which it is being considered if the amendment is germane thereto.

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