Lake Cumberland Corvettes By-Laws

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LAKE CUMBERLAND CORVETTES, LLC

BY-LAWS REVISION-5

SEPTEMBER 2025

ARTICLE I

 

Section 1 – Name:

The name of the Club shall be; LAKE CUMBERLAND CORVETTES, LLC

Section 2 – Purpose:

 

The general purpose of the Club shall be to encourage planned trips, events, and social activities for Corvette owners.  Plus, provide and regulate events and exhibitions for Corvette owners, and to encourage careful and skillful driving on public highways.

ARTICLE II

 

Section 1 – Member:

Initial membership in the Club shall be restricted to owners of Corvette cars.

Section 2 – Classes of Membership:

  1. Active – Any Corvette owner having paid such annual dues and fees as required.
  2. Honorary (Two Honorary classifications) – Any person who has demonstrated a high level of commitment to the club may be elected by the majority vote of the members present at the annual meeting or a regularly scheduled meeting.
  1. “Lifetime Honorary Membership” shall be of a permanent status for the life of the Club.
  2. “Distinguished Honorary Membership” shall be a “Renewable Yearly” status for individuals that the Club wishes to Honor. Renewal shall be by the Board of Directors in December each year.
  • Charter – All active members who worked to establish Lake Cumberland Corvettes Corporation in the year 2003.

Section 3 – Dues:

  1. Honorary and Charter Members – No dues.
  2. Initial Active Membership – $30 per person/couple – to be paid in advance to obtain membership. New members will receive a copy of the Club By-Laws and other items offered by the Club after obtaining membership.
  • Annual membership dues shall be:
  1. Active Members – $30.00 per person/couple.
  2. Dues of Officers in the current Club year shall be waived.
  3. Payment – The annual dues of active and charter members shall be payable to the Club in the month of January and collected by any Club Officer. If dues are not received by April 1st, membership will lapse.
  4. Any new members joining the Club October 1st through December 31st will have paid up dues for the following year.

Section 4 – Privileges:

Active members are entitled to all Club privileges.  Honorary members are entitled to all Club privileges, except that they shall not have the right to vote or hold office.

Section 5 – Expulsion:

  1. Membership will automatically lapse for non-payment of dues by April 1st of the current year. Honorary Membership that is “Renewable Yearly” will automatically lapse if not renewed by the Board of Directors in December.
  2. Any member may be expelled for infraction of the Club’s rules, or such other causes as may be determined by the majority of the Board of Directors, as being in the best interest of the Club. However, before such action is taken, the member shall have an opportunity to submit in writing or in person his position on any charge to the Board of Directors.

Section 6 – Resignation:

Any member may resign by submitting a letter of resignation to the Board of Directors.  His/Her resignation shall be effective upon receipt, provided all indebtedness to the Club is paid.

ARTICLE III

Section 1 – Annual Meeting:

The Annual Meeting of the members shall be decided on by the Board of Directors, proceeding said month of the said meeting each year for election of officers, reports of officers and committees, and such other business as lawfully specified may come before the meeting.

Section 2 – Monthly Meetings:

Unless pre-scheduled changes occur, regular monthly meeting are held the 4th Saturday of every month.

Section 3 – Special Meeting:

In addition to regular monthly meetings, special meetings of the members may be called by the President or by a majority of the officers.

Section 4 – Notice of Meeting:

Special meetings notice shall be given by any member of the Board of Directors and given not less than ten days before such meeting to all Club members.

Section 5 – Quorum:

The quorum for Board of Directors meetings shall be 50% of the Board.  At all other stated meetings of members, 20% of the active members including at least three officers shall constitute a quorum.

Section 6 – Voting:

All action shall be by majority.

  1. The Election of Officers shall be the only vote to have the right to absentee ballot voting. The member requesting an absentee ballot must request the ballot from the Secretary/Treasurer.  The Secretary/Treasurer will mail the member a ballot that must be returned to the Secretary/Treasurer prior to the meeting of the election of officers.  This ballot will be held confidential and counted with the ballots cast by the members present.
  2. All issues presented to the membership, except the election of officers, shall be decided by those present voting.

ARTICLE IV

Section 1 – Officers:

  1. All elected Officers shall serve for 1 year.
  2. Elected officers shall consist of President, Vice President, Secretary/Treasurer, and Associate Secretary/Treasurer.

Section 2 – Board of Directors:

The Board of Directors shall consist of all duly elected and appointed positions.

Section 3 – Election of Officers:

Election of Officers shall be held at the November meeting   Nominations of officers will be taken during the October meeting.

Section 4 – Officer Vacancy:

In the event that any of the aforementioned Directors shall resign or become unable to hold office before the end of his/her elected term, the President shall appoint a member to fill the vacancy of said term.

 

Section 5 – Officer Removal:

 

The membership may call for a special meeting to remove an officer of the Club whom performs acts not in the best interest of the Club and promotes dissension in the membership.  A written request by the majority of the voting membership or majority of the Board of Directors will be required for such a meeting.  This meeting will allow the rejected officer rebuttal time prior to a vote for removal.  Failure to appear at the meeting by the rejected officer or majority vote by the Board of Directors will terminate the term of his/her office.

 

ARTICLE V

Section 1 – Duties of the President:

The President shall preside at all meetings of the members and Board of Directors and shall perform the duties pertaining to this office.  As President of the Board of Directors his/her vote will be abstaining less a tie vote exist.  He/She may call special meetings of members under the provisions of Article III.  He/She shall be the Chief Executive of the Club.  The President has the authority to spend $50.00 or less per month for Club purposes without prior approval of the Club members.

Section 2 – Duties of the Vice President:

In the absence of the President or in the case of his/her death, resignation or inability to perform the duties of that office shall be performed by the Vice President.  He/She shall also schedule and oversee all Club sponsored activities.

Section 3A – Duties of the Secretary/Treasurer:

The Secretary/Treasurer or Associate Secretary/Treasurer shall attend all meetings of the members and Directors and shall record all minutes and votes in a book kept for this purpose.  He/She shall keep and up-to-date roll of all Club members.  He/She shall give all notices of meetings to all Club members.  He/She must have custody of the Clubs records.  In the absence of the Secretary/Treasurer at any of the said meetings, a Secretary/Treasurer pro-temp shall be chosen by the presiding officer.

Section 3B – Responsibilities of the Secretary/Treasurer:

The Secretary/Treasurer or Associate Secretary/Treasurer shall, subject to such conditions and restrictions as may be made by the Board of Directors, have custody of all monies, debts, and obligations belonging to the Club.  He/She shall receive all monies of the Club and deposit them in the Clubs account.  He/She shall make all payments of the Club debt.  All contracts, checks, drafts, notes or other orders for payment shall be signed by the Secretary/Treasurer or Associate Secretary/Treasurer and co-signed by the President or Vice President.  The Secretary/Treasurer or the Associate Secretary/Treasurer shall give a report on the financial status of the Club at the Annual Meeting and monthly meetings, and if so requested, at any other meeting of the Board of Directors.  No obligation, debt or other liability shall be incurred by the Treasurer without the specific approval of the Board of Directors.

ARTICLE VI

Section 1 – Appointment of Committees:

The President shall appoint such committees as he/she finds necessary from time to time and shall outline the duties and responsibilities of such committees.  All reports or action taken by a committee must be approved by a majority of the Board of Directors.

Section 2 – Activities:

The activities of the Club shall consist of planned trips, social gatherings and events for Corvette owners and Honorary Club members as planned by the Vice President and other Club members.

ARTICLE VII

Section 1 – Fiscal Year:

January 1st to December 31st is the fiscal year of the Club.

ARTICLE VIII

Section 1 – Personal Liability:

All persons or corporations extending credit to, contracting with, or having any claim against the Club or Board of Directors, shall look only to the funds and property of the Club for payment of any such contract or claim or of payment of any debt, damage judgement, or decree, or any other money that may be otherwise become due or payable to them from the Club or the Board of Directors, so that neither the members, Club or the Board of Directors present or future, shall be liable personally therefore.  All members of the Club will be required to sign a General Release Liability form to be kept on file with the Secretary/Treasurer.

ARTICLE IX

 

Section 1 – Amendment to the By-Laws:

The Board of Directors of the Club, or any quorum of active members, by written proposal submitted to the Secretary/Treasurer, may propose an amendment to the By-Laws.  Upon such proposals being made, a copy thereof shall be included in the notice of the next meeting of the Board of Directors.  If two thirds of the Board members present vote in favor of the proposal, the proposed amendment shall be voted on by the Club members present at the regular Club Meeting.  If two thirds of the membership present approves the proposed changes, they shall thereby be approved and adopted.

ARTICLE X

Section 1 – Rules of Order:

These By-Laws shall, in the event of no other direction, follow the “Robert Rules of Order – Parliamentary Procedure.”