Graduate REALTOR Institute (GRI) Society
ARTICLE I. PURPOSE AND OBJECTIVES
A. The purposes and objectives of the San Antonio Board of REALTORS, Graduate, REALTOR Institute Society (hereafter referred to as the Society) are to provide opportunity for participation by members of the Society in an ongoing program of real estate education.
B. Conduct real estate seminars, if necessary, for the Society and members of the public within the Society's jurisdiction.
C. Promote the image and reputation of the GRI and its designees.
D. Assist in achieving its objectives including market feedback, course promotion, public relations, and membership recruitment and retention.
E. Provide a forum for the exchange of information and networking; and
F. Give assistance and guidance to candidates seeking to become designees.
ARTICLE II. SOCIETY JURISDICTION
A. The jurisdiction of the Society is that same jurisdiction as the San Antonio Board of Realtors.
ARTICLE III. SOCIETY MEMBERSHIP
A. All GRI designees and candidates residing in or having a place of business within the Jurisdiction of the San Antonio Board of REALTORS shall be eligible for Society membership, providing they are members in good standing of the National Association of REALTORS (NAR), the Texas Association of REALTORS (TAR), the San Antonio Board of REALTORS (SABOR), and if a designee, a member in good standing as a designee of the Graduate, REALTOR Institute (GRI).
B. GRI designees shall be Designee Members and shall enjoy all the rights and privileges of membership, including the right to hold office and to vote.
C. GRI Candidates shall be Candidate Members, and shall enjoy all the rights and privileges of membership except the right to vote, hold office, or advertise themselves as a GRI.
D. Affiliate members of the San Antonio Board of REALTORS (SABOR) are eligible for membership in the Society as an Affiliate Member. Affiliate Members Shall enjoy all the rights and privileges of membership except the right to vote, hold office, or advertise themselves as a GRI.
ARTICLE IV. CHAPTER SOCIETY MEETINGS
A. The President of the Society shall schedule at least two business meetings during a calendar year, which shall be held in the San Antonio Board of REALTORS building. The first business meeting shall be scheduled in January or the first part of February and the second business meeting shall be scheduled no later than the end of November for the purpose of electing officers for the following year and such other business as required. The President may schedule such additional special business, educational, social, or other meetings as he/she deems necessary, and must schedule a meeting whenever requested by one-third of the Executive Board. All regular meetings shall be open to all members. Notice of each meeting shall be mailed to all members not less than twenty (20) days prior thereto.
B. A quorum of any regular or special business meeting of the Society shall be ten percent (10%) of the members in good standing of the Society or twenty (20) members, whichever is less.
C. Meetings of the Society shall be conducted in accordance with Robert's Rules of Order, latest edition, in all instances wherein its provisions do not conflict with these bylaws or other regulations and rules adopted by the Society.
ARTICLE V. SOCIETY DUES AND FEES
A. The annual dues of Designees, Candidates, and Affiliate members shall be $32.00 per calendar year. (Amended August 2013)
B. Dues shall be payable on or before October 31st of each year. (Amended August 2013)
C. Members who have not paid their dues by October 31st shall be so notified and shall be terminated as members automatically if such dues remain unpaid on December 1st. (Amended 2013)
D. No portion of the Society dues shall be used to customarily pay all or any part of the cost of meals served to members at meetings.
E. All dues shall be deposited by the treasurer in a Society bank account.
ARTICLE VI. EXECUTIVE BOARD AND OFFICERS
A. The Executive Board shall be the governing body of the Society. Members of the Executive Board shall be the elected officers of the Society and the immediate Past President.
B. The Chairman of the Executive Board is the President of the Society.
C. The Executive Board shall hold meetings as necessary. Meetings of the Executive Board may be called at the direction of the President or upon the written request of not less than four members of the board.
D. The Secretary shall mail a written notice of each meeting of the Board not less than ten (10) days prior to each such meeting.
E. A quorum of the Board shall consist of fifty percent (50%) of the Board members.
ARTICLE VII. OFFICERS AND ELECTIONS
A. The elective officers of the Society shall consist of a President, a President-Elect, a Treasurer, a Secretary, and three (3) Members at Large.
B. The elected officers shall have such duties as normally accrue to their offices and as may be assigned to them from time to time for the Executive Board. The President shall preside at all meetings of the Executive Board and shall be an ex-officio member of all committees.
C. The officers shall be elected for a term of one (1) year and shall serve until their successors are elected and qualified. No officer may be re-elected to the position held until after at least a one-year interval. In the event any office, except the office of President, becomes vacant, the Board shall elect from the membership a person to serve for the remainder of the term. In the event the office of President becomes vacant, the President-Elect shall automatically become the President for the remainder of the un-expired term. If the President-Elect serves for more than eight (8) months of the un-expired term vacated by the President, he/she shall not be eligible to serve the following year. This article was amended in 2001, which will allow an officer (with the exception of the President) to continue in that office.
D. Officers shall be elected by ballots to be cast by e-mail with results reviewed and posted prior to the installation of officers in December, and shall take office as of January 1st of the following year.
E. Candidates for Society offices shall be determined as follows:
· 1. The Nominating Committee shall nominate one candidate for each office to be filled and the Secretary shall notify the membership of the slate of candidates by written notice mailed not less than ten (10) days prior to the date of election.
2. The Secretary shall receive and place on the ballot additional nominations received in writing, provided each nomination is supported by at least ten percent (10%) of the Society membership and the nominee has consented in writing to accept nomination.
3. An exception to this procedure will take place in the election of the first slate of officers. At that time, nominations will be taken from the floor and will be elected at that time by secret ballot.
F. Affiliate Members are authorized to hold office as Members At Large only, and allowed to vote while in office as part of the Executive Board. (Added 2012)
ARTICLE VIII. COMMITTEES
A. The three immediate Past Presidents shall serve as the Nominating Committee.
B. The Chairman and all members of the standing committees shall be appointed by the President with the advice and consent of the Executive Board. Members of standing committees shall serve for a term of one year. The standing committees of the Society are (unless duties are undertaken by the Executive Committee):
2. Program and Education
3. Candidate Guidance and Recruitment
4. Public Relations
The number of members on each committee shall be determined by the President with the advice and consent of the Executive Board.
C. The President may establish with the consent of the Executive Board such special committees as he/she may determine necessary and appoint the members thereof, including the Chairman. Each special committee and the terms of all members thereof shall expire automatically on the anniversary date of its creation or when its purposes have been accomplished, whichever occurs first. This article was amended in 2001, which will allow an officer (with the exception of the President) to continue in that office.
ARTICLE IX. FISCAL YEAR
A. The fiscal year of the Society shall be January 1 through December 31.
ARTICLE X. AMENDMENTS AND RESTRICTIONS ON SOCIETY
A. The membership of the Society may at any regular or special business meeting amend these bylaws in such manner as the membership may deem appropriate.
B. Any amendments of these bylaws receive a two-thirds affirmative vote of the Society members present and qualified to vote at a fully constituted meeting, provided; however, that the substance of any proposed amendment must be included in the notice of the meeting at which it will be considered.
C. All funds of the Society shall be used exclusively to carry out the purposes and objectives of the Society as set forth in these bylaws. No funds shall be diverted from such purposes for the personal benefit of any individual member or other person. In the event of the dissolution of the society, any funds remaining after the discharge and payment of all obligations of the Society shall be donated to a non profit charitable organization i.e. Habitat for Humanity. The choice of the charity will be made by the remaining members in good standing.
D. The society shall not cause or permit itself to be incorporated under any state or federal law.
ARTICLE XI. GENERAL
A. Written proxies may be used in conducting the business of the membership, the Executive Board, and the committees of the Society; provided, however, that no written proxy shall be used in connection with it’s election of officers or in amending the by-laws.
B. By unanimous consent notice of any meeting of the membership, the Executive Board, or any committee may be waived, except a meeting at which elections will take place or at which amendments to these by-laws will be considered.
C. The Society is to avoid conflicts between the activities of the National Association of REALTORS, the Texas Association of REALTORS, and the San Antonio Board of REALTORS.
2001: The officers and members voted to amend the By-laws Article VII. C. and Article VIII. C. The amendment would allow an officer to continue to hold the same office for more than one (1) year (with the exception of President) in the event that no other person could be found to hold that same office.
2005: The officers and members voted to amend the By-laws Article VII. C. and Article VIII. C. The amendment would allow an officer to continue to hold the same office for more than one (1) year (with the exception of President.)
The officers and members voted to amend the By-laws Article X. C. All funds of the Society shall be used exclusively to carry out the purposes and objectives of the Society as set forth in these bylaws. No funds shall be diverted from such purposes for the personal benefit of any individual member or other person. In the event of the dissolution of the society, any funds remaining after the discharge and payment of all obligations of the Society shall be donated to a non profit charitable organization i.e. Habitat for Humanity. The choice of the charity will be made by the remaining members in good standing.
The officers and members voted to amend the By-laws in 2007 allowing for ballots to be cast by e-mail with results reviewed and posted prior to the installation of officers in December.
BE IT RESOLVED
That these revised By Laws of the GRI Society shall become effective on the Thirteenth Day of April in the Year of 2005. PASSED and APPROVED on the Thirteenth Day of April in the Year of 2005.
Revisions INCORPORATED in type this Fourteenth Day of April in the Year of 2005.
Sam G. Fasano
Immediate Past President
Member at Large
Member at Large
Member at Large
Revisions INCORPORATED in type this Fourteenth Day of August in the Year of 2013.
Immediate Past President
Member at Large
M. Lisa Poole
Member at Large
Member at Large