The Annual Membership Meeting to elect Officers and
Directors will be held in conjunction with the National Breeders Cup
Championship Show. Voting shall be in person.
NAB Members
Only one vote per current NAB family membership,
must be 18 years of age or older. Officers will serve as Directors,
plus twelve (12) other elected Directors. The president, vice
president, secretary and treasurer will serve two year terms. The
twelve directors will serve three (3) year terms. Four directors will
be elected each year.
Officer & Director Term Specifications
There is no limit on terms. At meetings, the
president will vote only in case of a tie. A quorum will be eight (8)
directors plus the president. The Board of Directors can fill any
vacancy, by majority vote, until the next annual election of Officers
and Directors. A position is considered vacant upon the absence of
three consecutive scheduled monthly meetings or a total of six
meetings during a one-year term. The outgoing President may attend all
meetings as a non-voting advisory member for one year.