Tim Gilford

Tim Gilford

Article XVI – Amendments

The Board may alter, amend, or repeal these By-laws at any Board Meeting, provided notice of such meeting is given and such notice contains a copy of the proposed alteration, amendment, or repeal.

Article XV – Miscellaneous

Section 1. Membership in Other Organizations. The Cooperative shall not become a Member of or purchase stock in any other organization without an affirmative vote of the Board at a duly held Board Meeting, the notice of which shall specify…

Article XIV – Financial Transactions

Section 1. Contracts. Except as otherwise provided in these By-Laws, the Board may authorize any Officer or Officers, agent or agents, employee or employees, or any combination, to enter into contracts or execute and deliver any instrument in the name…

Article XIII – Seal

The corporate seal of the Cooperative shall be in the form of a circle and shall have inscribed thereon “Pulaski-White Rural Telephone Cooperative, Inc.”, “Indiana”, and “Seal”.

Article XII – Disposition of Property

The Cooperative may not sell, lease, exchange, mortgage, pledge, or otherwise dispose of, or encumber all or any substantial portion of its property unless such sale, mortgage, lease, or other disposition, or encumbrance is authorized by a resolution, passed by…

Article XI – Distribution of Assests

Distribution of the Cooperative’s assets shall be prohibited except where authorized under the Acts, as amended, provided that any distribution made under the Nonprofit Act is not inconsistent with the provisions of the RTC Act.

Article X – Non-Profit Operation

Section 1. Interest or Dividends on Capital Prohibited. The Cooperative shall at all times be operated on a cooperative, non-profit basis for the mutual benefit of its Members. No interest or dividends shall be paid or payable by the Cooperative…

Article IX – Indemnification and Insurance

Section 1. Not a Limitation. Nothing contained in the Articles or these By-laws shall limit or preclude the exercise of any right under the Acts or otherwise relating to indemnification of or the advancement of expenses to any Director, Officer,…

Article VIII – Board Committees

Section 1. Standing Committees. The Cooperative shall have the following standing committees: Annual Membership Meeting. Benefits. Executive. Finance. Governing Documents. Scholarship. Annually, the Chairman, with the approval of the Board, shall appoint the Directors to serve on each of the…

Article VII – Officers

Section 1. Number. The officers of the Cooperative shall be: Chairman, Vice Chairman, Secretary, Treasurer, and such other officers as may be determined by the Board from time to time (collectively, the “Officers”). The same person may hold the offices…