Article XII: Bylaws

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ARTICLE XII – BYLAWS

Bylaws for the Investment Club may be passed, amended, or repealed at any
meeting of the membership of the Club by a majority vote of the members
present, provided that ten (10) days’ written notice of the proposed change has
been given to the members. Changes may be proposed by the Board of Directors
or by any twenty (20) members of the Club.

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Last modified: February 21, 2001