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.�i • t ,�� <br /> interests entitled to vote, If a member votes without designating the proportion af the <br /> membership interest voted in a particular way, the member is deemed to have voted all <br /> of the membership interest in that way. <br /> Section 9. Proxi s. Every appointment of a pro�cy must be in writing and must <br /> be dated an�1 signed by the member and filed with a manager of the company at or <br /> befor� the member meeting at which the appointment is to be effec#ive. No <br /> appoi�tment of a proxy shall be valid after the expiration of eleven (11) months from the <br /> date of its execution, unless a longer period is expre�sly provided in the appaintrnent. <br /> Section 10. Written Actions. An action required or permitted to be taken at a <br /> meeting of the members may be taken without a mesting by written action signed by the <br /> members who own voting power equal to the votin� power that would be required to <br /> take the same action at a meeting of the members at which all members were present. <br /> The writken action is effective when it has been signed by a11 of those members, unless <br /> a differ�n# effective#ime is provided in the written action. <br /> ARTICLE N. GOVERNORS. <br /> Section 1. Duties and Powers. The Board of Governors shall manage and direct <br /> the business and affairs of the company. The Governors shall in all cases aet as a <br /> Board, and, in the transaction of business, the act of a majority pres�nt at a meeting, <br /> except as otherwise provided by !aw or the Articles of Organization, shall be the act of <br /> the Boaed, provided a quorum is present. The Governors may adopt suEh rules and <br /> regulations fQr the conduct of their meetings and the management of the company as <br /> they may deem proper, not inconsistent with law or these Bylaws. <br /> �+Z., 4 � <br /> 1D$A B$N�NBTT <br /> .GANtAA�UNDHL <br />