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Federation By-Laws

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BY-LAWS

of

___________________________________________________________________

ARTICLE I
DECLARATION OF PURPOSE

The purposes of this federation are those set forth in its Articles of Incorporation. Its
primary concern is to facilitate the delivery of adequate social services and economic
advantages for the federation to improve the quality of life and well-being of its
members.

ARTICLE II

NAME AND LOCATION

The name of this Federation is_________________________________________

____________________________________________________________________

Its principal Office shall be located at______________________________________

____________________________________________________________________

ARTICLE III
MEMBERSHIP

Section 1. Members - Every registered homeowners association shall be qualified to be a


member of the federation. Membership to a federation shall be optional.

The right of membership, including the right to vote and be voted for shall be exercised by
the member homeowners association.  The member HOA shall be represented by its duly
endorsed president.  Therefore, the right of membership shall be exercised by its president.

Section 2. Member in Good Standing - Every member in good standing is one who
complies faithfully with all the duties and obligations of a member as determined by the
Board of Directors.

Section 3. Rights and Privileges of Membership - Every member of this federation


shall be entitled to participate in any meeting and vote on the following matters:
a. Amendment of the articles of incorporation;
b. Adoption and amendment of by-laws;
c. Sale, lease exchange, mortgage, pledge or other disposition of all or substantially
all of the federation’s assets
d. Incurring, creating, or increasing bonded indebtedness;
e. Increases or decreases of federation capitalization or dues;
f. Merger or consolidation of the federation with another federation or other
federation;
g. Investment of federation funds in another federation; and
h. Dissolution of the federation.
i. The use, enjoyment, and to benefit from, or take advantage of all facilities,
amenities and services of the federation.

Unless otherwise stated in the Articles of Incorporation or in these bylaws, and in


addition to the foregoing rights and privileges, every member in good standing of this
federation shall have the following rights:

a. To vote at all elections of directors or trustees, either in person or by


representative authorized to act by written proxy;

b. To be eligible to any elective or appointive office of the federation;

c. To participate and vote on all matters brought before any meeting or deliberation
of the members of the federation;
d. To use, enjoy, benefit from, or take advantage of all facilities and services of the
federation.

Section 4. Duties of Members - Every member of this federation shall have the following
duties:

a. To pay his membership fee, federation dues, special assessments, and such other
fees which may be levied on him by the federation;

b. To participate in important activities or social affairs of the federation as may be


determined by the board of directors or trustees;

c. To attend all meetings, assembly, and seminars as may be called by the


federation, the board of directors or trustees or its committees.

d. To obey and comply with this by-laws and such other rules and regulations as
may be promulgated by the board of directors or trustees and approved by the
majority of the members.

Section 5. Delinquent Member - Unless otherwise provided in the bylaws, a member


who has failed to pay three (3) cumulative monthly dues or membership fees, or other
charges/assessment despite demands by the federation, or has repeatedly violated the
federation’s by-laws and/or declared policies, may be declared delinquent by the Board of
Directors in accordance with the procedure in the succeeding section.
Section 6. Procedure in Declaring a Member Delinquent - The Board or a committee
assigned by the Board shall observe the following procedure in declaring a member
delinquent or not in good standing:

a)The Board or the Committee shall determine whether a member (1) failed to pay
at least three (3) cumulative monthly dues, fees or other charges based on the report of the
treasurer or as reflected in the federation’s financial records, or (2) repeatedly or grossly
violated the by-laws or policies of the federation as reflected in the book of records of the
federation;

b) The President or the designated officer of the federation shall forthwith notify the
said member in writing of the violation and require him to explain in writing, within fifteen
(15) days from receipt of notice, why he should not be declared delinquent.

c) After the lapse of fifteen (15) days, with or without a written explanation, the
President of the designated officer shall submit the matter to the Board or Committee for
hearing and deliberation.

d) Thereafter, the member may be declared delinquent by the majority vote of all
the members of the Board.

Section 7. Sanctions for a Delinquent Member - All the rights and privileges of a
member as provided in Section 3 is suspended upon the declaration of delinquency by the
Board.

Section 8. Reinstatement of a Delinquent Member - The board shall, by majority vote,


reinstate the membership of the delinquent member, provided that unpaid dues, fees or
charges are paid or the sanctions imposed are satisfied.

Nothing in this Rules shall prevent the federation from imposing other sanctions against the
delinquent member in accordance with the by-laws.

Section 9. Membership Roll - The federation shall keep and maintain under the custody
of the Secretary, a membership roll containing the list of all members and such additional
members as may be admitted from time to time, including information and data, which may
be required by the board of directors and trustees.

Section 10. Expulsion from the Federation - Any member may be expelled from the
federation on the following grounds:

a. Ceasing to be a member in good standing, as determined by the board of


directors and trustees, after due notice and hearing; 

b.  Repeated violation of any of the provisions of the articles of incorporation,


this bylaws or existing rules and regulations;

c. Repeated violation of any of the provisions of the articles of incorporation,


this bylaws or existing rules and regulations of the federation and exhibiting conduct inimical
to the interest of the federation as determined by the board of directors or trustees, after
due notice and hearing.
ARTICLE IV
FEES AND DUES

Section 1. Membership Fee - Upon the organization of this federation, or the


admission of any person as member hereof, every member of the federation shall pay a
membership fee of __________________ or in such amount as may be determined by the
Board of Directors upon approval of the majority of the general membership in a meeting
duly called for the purpose.

Section 2. Federation or Maintenance Dues - Monthly federation and/or


maintenance dues of __________________________________shall be collected from every
member to defray the administrative cost and operational expenses of the federation.

Section 3. Contributions - The federation may raise funds for its programs and
activities, through contributions, donations and/or other forms.

Section 4. Special Assessments - The board of directors or trustees, may from


time to time, assess and collect from each member reasonable amounts as may be
necessary to fund special community projects for the common good and benefit of the
federation as approved by the majority of the members of the board and members of the
federation.

ARTICLE V
BOARD OF DIRECTORS OR TRUSTEES

Section 1. Powers and Duties of the Board of Directors - Unless otherwise


provided in the articles of incorporation and this by – laws, the powers of this association
shall be exercised, all business conducted and all of its property controlled and held by the
board of directors or trustees elected from among the members in good standing of this
association.

In addition to the duties and responsibilities stated in the by-laws of the association,
the board shall have the following duties and responsibilities:

a) Regularly maintain an accounting system using generally accepted accounting


principles, and keep books of accounts, which shall be open for inspection to any
homeowner and duly authorized representatives of government agencies upon request,
during reasonable hours on business days;

b) Collect reasonable fees, dues and assessments that may be provided for in the
by-laws and approved by the majority of the members;

c) Collect reasonable charges for assessments, and after due notice and hearing by
the board in accordance with the procedures as provided in the by-laws, and rules and
regulations adopted by the board, charge reasonable fines for late payments and for
violation of the by-laws, rules, and regulations of the association, in accordance with a
previously established schedule adopted by the board and furnished to the homeowners;

d) Propose measures to raise funds and the utilization of such funds and submit the
same for consideration of the members of the association; and

e) Undergo a free orientation by the HLURB or any other competent agency


deputized by it on how to conduct meetings, preparation of minutes, handling of accounts,
laws and pertinent rules and regulations within thirty (30) days after election or
appointment.

f) Discharge the duties and responsibilities provided for in the association’s by-laws;
and

g) Exercise such other powers as may be necessary and proper in accordance with
this Act and for the accomplishment of the purposes for which the association was
organized.

The board shall act in all instances on behalf of the association, except to amend the
articles of association, to dissolve the association, to elect members of the board or to
determine the qualifications, powers and duties, or terms of office of the board, and other
instances that require the vote or approval of the members themselves. In the performance
of their duties, the officers and members of the board shall exercise the degree of care and
loyalty required by such position.

Section 2. Number of Directors or Trustees and Qualifications - The board of


directors or trustees of this association shall be composed of__________________ elected
members. No person shall be elected as director or trustee unless he is a member in good
standing of this association.

Section 3. Nomination - Not less than seven (7) days nor more than fourteen (14)
days before the annual meeting at which the directors or trustees are to be elected, any
fifteen (15) or more members, may, by written petition, nominate candidates to the Board
and post their name in the bulletin of the association.

Section 4. Election and Term of Office - Directors shall be elected by secret


ballot at the annual meeting of the members of the association. The directors or trustees so
elected shall hold offices for a term of ___________________________ years and until their
successors are elected and qualified.

Section 5. Verification and Validation of Petition for Removal of Directors


or Trustees - The following procedure shall be observed in case of removal of a director or
trustee of an association:

a. A director or trustee may be removed from office, through a verified petition duly
signed by the majority members in good standing of an association, for any
cause provided in the by-laws of the association;

b. The duly signed petition, subscribed and sworn to before a notary public, shall be
submitted to the Regional Office of the HLURB for purposes of verification and
validation. Within five (5) days from the receipt of the petition, the Regional
Office shall determine whether the petition complies with the required formalities
and based on any of the grounds or causes for removal provided under the by-
laws. Upon being satisfied that the petition is sufficient in form and substance,
the Regional Office shall determine, based on its record, whether the petition is
signed by majority of the members of the association concerned;

c. If the Regional Office determines that the petition is not signed by the required
number of the members of the association, it shall then dismiss the petition and
shall inform the member who filed the petition of its decision, furnishing a copy
thereof to the board and the director or .trustee subject of the petition;

If, on the other hand, the petition is signed by the required number of the
members of the association, the Regional Office shall then proceed with the
validation of the petition. The Homeowners Association Administration Division of
the Regional Office shall compare the signature appearing in the petition with the
records on file with the Regional Office;

d. The Homeowners .Association Administration Division shall then prepare a report


on the conduct of validation and submit the same to the Regional Director/Officer
shall then issue an order validating the petition and the removal of the director or
trustee, furnishing a copy thereof to the director/trustee concerned and the
board;

e. Within sixty (60) days from the receipt of the order from the Regional
Director/Officer, an election shall be called by the remainder of the board for the
purpose of determining who shall hold office for the unexpired term of the
removed director or trustee;

f. The director or trustee who has been removed shall have the right to question
his removal on the sole ground of the validity of the cause relied upon by the
members of the association, through a petition filed before !-he Regional Office
within fifteen (15) days from the receipt of the order of his removal; and,

g. The pendency of the petition filed by the director or trustee shall not prevent the
board from conducting the special election called for the purpose of filling up the
vacancy. In the event the HLURB decides that the removal is invalid, the
removed director or trustee shall then be reinstated to his former position and
serve the remainder of his term. The tenure of the person who replaced the
removed director from the time of his election up to the time of the
reinstatement of the latter shall be respected.

Section 6. Dissolution of the Board - In the event two-thirds (2/3) of the


association’s members submit a verified petition for the dissolution of the board, the
following procedure shall be observed:

a) The petition for the dissolution of the board shall be based solely on the grounds
or causes provided in the association’s by-laws;
b) The procedure provided in the subsections (b) to (g) of the immediately preceding
Section shall be observed;

c) Until the new board members shall have been elected and qualified, the HLURB
shall designate an interim board: Provided, That such board shall be composed of
association members in good standing: Provided, further, That such interim board members
shall not be eligible to run in the election called for the purpose of replacing the member of
the dissolved board.

This procedure shall also be adopted if a majority of the members of the Board is
removed, which shall be considered as a dissolution of the entire board.

Section 7. Vacancies - Except as herein above provided, any other vacancies


occurring in the Board either by resignation, death or incapacity, shall be filled by a majority
vote or the members entitled to vote at a special meeting duly called and held for the
purpose without compliance with the foregoing provisions with respect to unexpired term(s)
of the resigning, incapacitated or deceased director(s) or trustee(s).

Section 8. Regular Meeting of the Board - The first regular meeting of the
Board shall without notice be held immediately after the annual meeting of the members.
Thereafter, the regular meeting of the Board shall also be held on the
___________________________________ at the principal office of the association and no
notice thereof shall be required.

Section 9. Special Meeting of the Board - Special meeting of the board may be
called by the president or majority of the members of the board and it shall thereupon be
the duty of the secretary to cause the notice of such meeting to be sent to each directors at
least two (2) days before the meeting.

Section 10. Quorum - A majority of the directors or trustees shall constitute a


quorum at any meeting of the Board.

Section 11. Compensation - Granting of per diems only to officers who are not
members of the Board of Directors.

Section 12. Grounds for the Removal of the Board of Director/s

1. _____________________________________
2. _____________________________________
3. _____________________________________
4. _____________________________________

ARTICLE VI
OFFICERS

Section 1. Officers - The officers of the federation shall be the President, Vice-
President, Secretary, Treasurer, Auditor and such other officers as may from time be
determined by the Board. Long-term lessees and tenants are not qualified to be elected or
appointed as president, vice president, and treasurer of the federation.
Section 2. Election and Terms of Office - The officers mentioned in Section 1
hereof shall be elected at the annual meeting of the Board held immediately after the
annual meeting of members and shall hold office for a term of
____________________________ and until their successors shall have been elected and
qualified. If the election of officers cannot be held at such meeting, the election shall be
held during the next regular meeting.

Section 3. Compensation - The officers of the federation who are not members of
the Board may receive such honoraria as may be determined by the board of directors or
trustees.

Section 4. Removal of Officers - Any officers of the federation may be removed


by a majority vote of the members of the Board constituting a quorum whenever in its
judgment the best interest of the federation will be served thereby.

Section 5. President - The President shall be elected by the board of directors or


trustees from their own number. He shall exercise such powers and perform such duties
incident to his office and such other duties as may from time to time be delegated to him by
the Board. Among others, the president shall;

a. Preside at all meetings of the members and of the board of directors or trustees;

b. Exercise generals supervision over all the other officers of the federation;

c. Represent the federation in all activities to which it is a party or participant;

d. Preside, in consultation with the appropriate officers and committees, a yearly


program of activities and submit and annual report of the operations of the federation to the
members at the annual meeting, and to the board of directors or trustees such statements,
report, memoranda and accounts as may be requested by the latter;

e. Organize and supervise work groups among the members of the federation;

f. Post a fidelity bond sufficient to answer for the federation’s cash assets and its
equivalent at the time of his/her assumption of office, provided, that the posting of the said
bond shall be for the personal account of the officer concerned;

g. Exercise the power to create additional committees as maybe necessary. Section

6. Vice-President - The Vice-President shall be elected by the board of directors or


trustees from their own number. He shall be vested with the all the powers and authorities
of and required to perform all of the duties of the President during the absence or incapacity
of the latter for any cause, and he shall also perform such other duties as the board of
directors or trustees may from time to time assign to him.

Section 7. Treasurer - The Treasurer shall be elected by the board of directors or


trustees, and he/she may or may not be a director or trustees of the federation. He/she
shall hold office at the pleasure of the board, and shall perform the following duties.
a. Have custody of, and be responsible for, all the funds, securities, and bonds of the
federation, and keep a complete and accurate record of receipts and disbursements and
other of commercial transactions in the corresponding books of accounts of the federation,
and see to it that all disbursements and expenditures are evidenced by appropriate
vouchers;

b. Disburse the funds of the federation, for specific purpose/s authorized by a


resolution of the board of directors or trustees;

c. Receive and give receipts for all moneys paid to the federation from any source
whatsoever and take charge and have custody of petty cash funds as may be fixed by the
board;

d. Be responsible for keeping the financial records of the federation and the
liquidation of any and all accounts liabilities and obligations owing on dues from the
federation;

e. Shall monitor all delinquencies and send notices on overdue federation’s dues
and/or demand letters;

f. Post a fidelity bond sufficient to answer for the federation’s cash assets and its
equivalent at the time of his/her assumption of office provided, that the posting of the bond
shall be for the personal account of the officer; and,

g. In general, perform all the duties incident to the office of the treasurer and such
other duties as may from time to time be assigned to him by the board of directors or
trustees.
The Treasurer may delegate the routine duties of his office to one or more
employees of the federation with the approval of the President.

Section 8. Secretary - The Secretary shall be elected by the board of directors or


trustees, and he/she may not be a director or trustee of the federation. He/she shall hold
office at the pleasure of the board, and shall perform the following:

a. Keep full minutes of all meetings of the members of the board and of the
members, in one more books provided for this purpose;

b. Deliver or submit all notices in accordance with this by-laws or as required by law
or rules of the DHSUD;

c. Keep all corporate records and the seal of the federation which shall be affixed t
such instruments as may be required by the DHSUD and thereupon be attested by his
signature or that of the treasurer;

d. Keep a register or membership roll of the names and post office addresses of all
members;

e. Provide each member a copy of the by-laws and all amendments thereto;

f. In general, perform all duties incident to the office of the secretary and such other
duties as may from time to time be assigned by the board.
Section 9. Auditor - The Auditor shall be appointed by the board of directors or
trustees, and he/she may not be a director or trustee of the federation. He/she shall hold
office at the pleasure of the board, and shall perform the following duties.

a. Serve as the chairperson of the audit and inventory committee of the federation;

b. Examine and audit all financial transactions of the federation including all the
books, ledgers, journals and other supporting records pertaining thereto; and

c. Perform all duties incident to the office of the auditor and such other duties as
may from time to time be assigned by the Board.

ARTICLE VII
FEDERATION COMMITTEES

Section 1. Committees - The federation, by a vote of the majority of the members


thereof, shall organize and create the following committees:

a. Grievance and Adjudication Committee. The members of the grievance and


adjudication committee shall be elected by the members in the annual meeting of
members.  Any member  of the board of directors of trustees shall not form part of
the said committee.  The committee shall accept and investigate complaints filed by
a member against any other member or officer, and shall settle and arbitrate any
dispute within its power in the community.  In the event that the grievance is not
settled by the committee, its decision may be appealed to the board of directors or
trustees.

Disputes arising from or appealed from the grievance committee of the member
homeowners association shall be accepted and settled before the same committee.

In the event that controversies or disputes are not settled by the committee, said
dispute may be elevated to the Human Settlements Adjudication Commission.  The
committee shall issue a certification as to the non settlement of the dispute.

b. Audit and Inventory Committee. The audit and inventory committee shall be
responsible for auditing the accounts of the federation. It shall conduct such audit at least
semi-annually and submit its reports thereon to the board of directors or trustees.

c. Committee on Election. The committee on election shall be composed of three


(3) members, to be elected by the members in the annual meeting who shall serve for a
term of one year until their successors have been elected and duly qualified. The Committee
shall supervise all election activities of the federation.

d. Development and Services Committee. The development and services


committee shall take charge of planning, coordination and actually operating the facilities
and services of the federation. It shall be organized into groups or councils, which shall form
as backbone of the community service delivery system. Initially, these groups or council may
be the following: Health and Nutrition and Mobility Groups. Additional groups or council shall
be formed as the need arises.

e. Membership and Education Committee. The membership and education


committee shall take charge of the development of human resources in the community. It
shall conduct information, educational and motivational campaigns and shall prepare and
implement training activities designed to make the resident productive members of the
federation.

f. Financial Management Committee. Subject to the approval of the Board of


Directors, The financial management committee, shall prepare the budget of the federation
and plan, adopt and implement canvassing, procurement, and disbursement guidelines for
projects that will or may require the use of the federation funds. The committee shall also
serve as a coordinating body for all financial matters involving external institutions and shall
evolve a savings campaign and other fund raising activities.

g. Livelihood Committee. The livelihood committee shall plan and coordinate all
economic programs designed to supplement the income of the members. As such, it shall
closely coordinate with the financial management committee in the preparations of
feasibility studies and other proposals.

h. Maintenance Committee. The maintenance committee shall take charge of the


upkeep and repair of community facilities and services. It shall form and organize the
beautification/ecology team or group to maintain cleanliness and beauty in the community.

i. Peace and Order Committee. The peace and order committee shall take charge
of maintaining peace and order in the community. It shall form and organize the members
into tanod brigades to safeguard the security of the area and emergency/disaster brigade to
meet any natural or man-made calamity.

j. Social and Cultural Affairs Committee. It shall be tasked with planning,


organizing and implementing social activities that will help improve inter-personal relations
among the members. Finally, it shall form and organize Sports and Recreation Brigade.

Section 2. Special Committee - Other special committees, council, or groups may


be created by the board of directors or trustees as the need arises.

ARTICLE VIII
ELECTIONS

Section 1. Holding of Elections - A Federation shall hold regular membership


meetings or elections on the time or date set forth in its by-laws.

Section 2. Proxies - Federation members may vote in person or by proxy in all


meetings of members. Proxies shall be in writing, signed by the member and filed before the
scheduled meeting with the federation secretary. Unless otherwise provided in the proxy, it
shall be valid only for the meeting for which it is intended. No proxy shall be valid and
effective for a period longer than three (3) years at any one time unless earlier revoked by
the member.
Section 3. Failure of Election - When a regular or special election cannot be held
or conducted due to lack of quorum as defined under federation by-laws or for any other
serious cause such as violence, terrorism, force majeure, and other analogous causes of
such a nature that the holding of a free, orderly and honest election should become
impossible, the Election Committee shall call for another election within a period of thirty
(30) days from the date of the failed election or the cessation of the cause for such failure
of election. Section

Section 4. Hold-Over - Where there is a failure to elect a new set of directors or


officers, the incumbent directors/trustees/officers shall be allowed to continue in a hold-over
capacity until their successors are elected and qualified.

Section 5. Election Contests - Election contests and their resolutions shall be


governed by the by-laws of the federation. Unless otherwise provided by the Federation’s
by-laws, the election contest shall be in writing and filed by any aggrieved candidate/s
within five (5) days after the proclamation of the winning candidates.

Section 6. Turnover of Records and Properties by Outgoing


Directors/Officers - To ensure the orderly turnover of the management of a Federation,
the outgoing directors and officers of an Federation shall turn over all Federation books,
records, properties and other assets, to the new set of directors and officers within sixty
(60) days from the election of the new Board.

Section 7. The First Regular Election – The first regular election shall be
held____________________________________________ after the registration of
_______________________________________________ Federation.

ARTICLE IX
MEETING OF MEMBERS

Section 1. Place of Meeting - The meeting of members shall be held at the


principal office of the federation.

Section 2. Annual Meeting - The annual meeting of the members shall be held on
______________________________________ of each year at which meeting, the members
shall elect the directors and transact such other business as may properly be brought during
the meeting. (For HOAs who has 2-year term, annual membership meeting must be
observed despite no election in their first year to discuss other matters).

Section 3. Special General Meeting - At any time during the interval between
annual meeting, special meeting of the members may be called by the president or by a
majority of the board, provided, however, that ten (10) per centum or more of the members
in good standing may in writing, petition the board of directors or trustees to call a special
meeting of the members.

Section 4. Notice of Members Meeting - A written notice stating the date, place
and hour of the meeting and, in case of special or an annual meeting, at which business
requiring special notice is to be transacted, shall be personally delivered to each member
not less than five (5) days before the date of the meeting.
Section 5. Quorum - Majority of the members in good standing present in person
or by proxy shall constitute a quorum at any meeting of the members for the transaction of
business.

Section 6. Voting - Each household shall be entitled to only one vote. Voting by
proxy shall be allowed. All questions shall be decided by a vote of majority of those present
and voting except as otherwise provided by law, the articles of incorporation and this by
laws.

Section 7. Proxies - Proxies shall be in writing, dated, signed by the member,


notarized, and filed before the scheduled meeting with the Secretary. It shall be valid only
for those meeting for which it is intended, unless otherwise provided in the proxy.

Section 8. Annual Statement - A true and full statement of the affairs of the
federation shall be submitted at the annual meeting for consideration by the members.

Section 9. Minutes - Minutes of all meetings of the members shall be kept and
carefully preserved as a record of the matters and business transacted at such meetings.
The minutes shall contain such entries as may be required by law.

ARTICLE X
FINANCIAL TRANSACTIONS

Section 1. Contracts - The board shall by specific resolution, authorize any officer
or officers, or member/s to enter any contract or execute and deliver any instrument in the
name or in behalf of the federation.

Section 2. Signing of Checks, etc. - All checks, drafts, or other orders for
payment of money, and all notes, bond or other evidence of indebtedness issued in the
name of the federation shall be signed jointly by the treasurer and the president or other
officers authorized by the Board.

Section 3. Deposit - All funds of the federation such as federation dues and
membership fees shall be deposited from time to time to the credit or account of the
federation in such bank or banks as the board may designate.

Section 4. Fiscal Year - The fiscal year of the federation shall begin on the 1st day
of January and end on the 31st day of December of each year. The treasurer shall cause to
be made a full and complete audit of the books, accounts and financial condition of the
federation. Such audit shall be made available for inspection by the members. For this
purpose, the federation shall conduct such audit at least three (3) months before the end of
the fiscal year, make pertinent recommendations to the Board and render a report to the
members at the annual meeting.

ARTICLEL XI
MISCELLANEOUS PROVISIONS

Section 1. Board Rules and Regulations - The Board shall have the power to
promulgate such rules and regulations consistent with law, the articles of incorporation or
this by-laws.
Section 2. Amendments - These by laws or any portion or provision hereof may
be amended, repeated or otherwise changed, upon initiation of the Board in any manner not
contrary to law, the articles of incorporation, contracts, or agreements, at a duly called and
held regular meeting or special meeting, by the affirmative vote of a majority of the
members, provided, however, that notice of such meeting whether regular or special, shall
contain a fair statement of the proposed amendments

The foregoing by-laws were adopted and approved by all the incorporators on
________________________at _________________________________________.

(Note: If filed with Articles of Incorporation, should be signed by all Incorporators; if


filed after incorporation, should be signed by majority of the members)

IN WITNESS WHEREOF, we have hereunto set our hands this _________day of


______________, 20______at___________________________________________.

_____________________________ _____________________________
_____________________________ _____________________________
_____________________________ _____________________________
_____________________________ _____________________________
_____________________________ _____________________________
_____________________________ _____________________________
_____________________________

SIGNED IN THE PRESENCE OF:

HON. DENNIS L. HERNANDEZ

ACKNOWLEDGEMENT

REPUBLIC OF THE PHILIPPINES)


CITY/PROVINCE OF ______________ ) S.S.

BEFORE ME, a Notary Public for and in _______________________ this ________


day of __________________, 20 _____, personally appeared:
NAME CTC DATE PLACE
NUMBER OF ISSUE OF ISSUE
__________________ _____________ ____________ _______________
__________________ _____________ ____________ _______________
__________________ _____________ ____________ _______________
__________________ _____________ ____________ _______________
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Known to me and known to be the same persons who executed the foregoing
instrument and acknowledged to me that the same is their free and voluntary act and deed
as well as the free and voluntary act and deed of the federation they represent.

This instrument consisting of ________ pages including this page whereon the
acknowledgement clause is written, signed by the authorized signatories together with their
instrumental witnesses on each and every page hereof sealed with my notarial seal, refers
to the by-laws of the ___________________________________________.

WITNESS MY HAND AND SEAL on the day, year and place first above-written.

NOTARY PUBLIC

Doc. No. :_________


Page No. :_________
Book No. :_________
Series of :_________

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