Bylaws of Skycrafters, Inc.
As adopted by the Regular Members on January 29, 2012
Preface
The Bylaws of Skycrafters, Inc. (the “Corporation”) use the terms “he” and “his.” It is intended that these terms be understood to be free of gender and in the interest of simplicity.
I. Ownership of Corporation
1. All property purchased in the name of the Corporation shall be owned by the said Corporation.
2. All property owned by the Corporation will be based at Tri-Cities Regional Airport, Blountville, Tennessee.
3. There shall be two classes of Members: Regular and Associate.
A. Regular Members are holders of Member certificates and are owners of the Corporation. Regular Members have full voting rights and access to corporate property, limited only by the schedules and the bylaws of the Corporation.
B. An Associate Member must be the legal spouse or legal dependent of, and sponsored by, a Regular Member. Associate Members have no ownership interest in the Corporation or corporate assets and have no voting rights.
A sponsoring Regular Member shall be responsible for all liabilities of the sponsored Associate Member.
Associate Members may use Designated Aircraft (as defined below) for flight training only when accompanied by, or under the direct supervision of, a Certificated Flight Instructor (“CFI”). Associate Members who hold at least a private pilot certificate, including all necessary ratings and endorsements, may act as pilot-in-command of Designated Aircraft after completing a check-out by a CFI in the same make and model to be flown, in compliance with applicable Federal Aviation Regulations (“FARs”) and insurance requirements, and only when accompanied by a Regular Member who meets the requirements of Article IV of these bylaws to act as pilot-in-command of the aircraft and who occupies one of the front seats. Associate Member private pilots may also fly Corporation aircraft in which they meet applicable FARs and insurance requirements on Corporation business, without being accompanied by a Regular Member, when the Board of Directors (the “Board”) determines that it is in the best interest of the Corporation.
In order to insure reasonable availability of aircraft to Regular Members, the Board shall promulgate and define Associate Member privileges and restrictions according to the following parameters and may establish other, consistent rules and requirements for Associate Members:
i. The Board shall determine the total number of Associate Members.
ii. The Board shall be empowered and authorized to terminate Associate memberships upon written notice to the Associate Member(s) or the sponsoring Regular Member.
iii. The Board shall designate aircraft for use by the Associate Members (each a “Designated Aircraft”).
iv. The Board shall collect dues from each Associate Member, which shall be at the same rate as that currently paid by Regular Members.
v. Aircraft Reservations:
(b) Associate Members may reserve Designated Aircraft only in conjunction with a Regular Member except as stipulated in the preceding paragraph (a).
4. Each applicant for Associate or Regular membership shall be required to sign a statement to the effect that (a) he has read and understands the Corporation’s charter, bylaws, policies and insurance policy requirements, (b) that he will act in conformity with these documents and, (c) when operating Corporation aircraft, that he will conform to all applicable FARs. The Secretary shall maintain these signed statements with the records of the Corporation.
5. A person acting in official capacity for the estate of a deceased Skycrafters member whose dues, flying charges, and obligations to Skycrafters, Inc. are paid in full may submit and transfer the deceased member’s share to Skycrafters, Inc. at no cost to Skycrafters. An official receipt for the share shall be provided by Skycrafters, Inc. indicating that the estate of a deceased member has no future obligation to Skycrafters, Inc.
II. Board of Directors
1. The Board shall constitute the sovereign body of the Corporation. The Board shall consist of five Regular Board Members (as defined below) and up to four Additional Board Members (as defined below) elected from the Regular Members in accordance with the Charter. Changes in the number of Additional Board Members will be at the recommendation of the Board and with the approval of a majority of the Regular Members present at an Annual or Special Meeting of the membership.
2. Regular Board Members shall be elected at the Annual Meeting to serve three-year terms. Board Members’ terms of office shall be staggered so that not more than two Regular Board Members’ terms will expire in any one year. Additional Board Members shall be elected at the Annual Meeting and shall serve a term of one year.
3. The Corporation shall have each of the following officers, and such other officers as the Board shall determine to be appropriate:
President
Vice President
Secretary
Treasurer
Maintenance Officer
4. Officers shall be elected by the Board from among the Board Members. Elections shall occur following the Annual Meeting or upon the vacancy of any office. The Board may remove an officer from office at any time. The President may appoint a Parliamentarian from among the Board Members.
5. Board Members may hold more than one office, although the offices of President and Secretary may not be held by the same person.
6. Unless
otherwise specified, Board actions shall require a simple majority vote of
those Board Members present at a Regular Board Meeting or Special Meeting at
which a quorum is present. A quorum shall consist of a simple majority of all
Board Members. The conduct of business during all business meetings shall
be according to Roberts Rules of order or such reasonable procedures as the
be 4 February 2012Wm.
L. Phillips III Page 1 2/4/2012President
shall determine to be appropriate, subject to the approval of the majority of
Board Members present at a meeting.
7. In the event that a Board Member ceases to be a director for any reason, the Board shall appoint a Regular Member to temporarily fill the vacated seat until the next Annual Meeting of the membership, at which time a Board Member will be elected by the Regular Members to serve the remaining term, if any, of the departed Board Member.
8. The Board shall be empowered to set flying rates and monthly dues, determine the amount of monies to be held in reserves for future expenditures, and assess each Regular Member up to $200 annually, in addition to flying rates and monthly dues, for unusual expenses. This authority is to insure that each aircraft will be self-sustaining and well maintained, and to insure the solvency of the Corporation. Annual assessments in excess of $200 per Regular Member shall require the approval of a majority of the Regular Members.
9. The Board shall oversee Associate Member privileges and restrictions as set forth in Section I.
10. The Board shall meet at least once each calendar quarter.
11. The Board shall
approve all transfers of Regular Memberships and sales of new memberships.
Before a certificate of membership is issued to a new Regular Member, all
obligations owed to the Corporation by the Regular Member selling his
membership must be paid and his certificate of membership must be surrendered
to the Board. In the event of a lost certificate of membership, the Regular
Member selling his membership shall provide a signed, written statement that
his certificate has been misplaced or lost. The Member must provide a signed
statement that his membership has been sold and that he relinquishes all
rights, title, or interest in the Corporation or any asset thereof. The
Secretary shall maintain any such signed statement in the records of the
Corporation for a period determined by the Board.
After Board approval of the new Regular Member and after financial arrangements
have been made between the selling Member and the proposed new Member, the
selling Member shall surrender to the Board his membership certificate and keys
to all aircraft and facilities. After the proposed new Member has submitted the
required information to the Board and insurance coverage has been verified, the
Board will deliver to the new Member the keys to all aircraft and the Secretary
will thereupon issue a new certificate of membership to the new Member which
will be signed by the President and Secretary, whereupon the new Member may
execute all privileges of membership. Certificates issued in the name of an
organization shall limit flying privileges to one individual and any sponsored
Associate Member.
The Board shall approve all applications for Associate membership. The Board
may require any information it sees fit to be submitted by the applicant or
sponsoring Regular Member prior to voting on the application. Approval of
Associate membership applications shall require a two-thirds majority vote of
the entire Board.
12. Should it become necessary to dissolve the Corporation, except as applicable law may otherwise require, all Corporation assets shall be sold by the Board of Directors and the proceeds of the sale, as well as any other cash belonging to the Corporation, shall be applied to the Corporation’s just and outstanding debts. Upon satisfaction of all just and outstanding debts, remaining funds shall be divided equally among all Regular Members.
13. The Board shall be empowered and authorized, upon the affirmative vote of two-thirds of the full Board, to expel any Regular or Associate Member who has been (or whose sponsored Associate Members have been) in arrears regarding the payment of his account for six months or whose debt to the Corporation exceeds half of the value of a single membership of the Corporation. The value of a membership shall be determined by dividing the net owner’s equity, as shown on the most recent financial statements, by the number of Regular Members.
A. Upon the decision of the Board to expel a Member, the flying privileges of that Member (and, in the case of a Regular Member, any Associate Members sponsored by that Regular Members) shall be automatically suspended.
B. If a Regular Member’s membership is to be sold pursuant to this provision, it shall be sold by the Board. The funds realized from the sale shall first be used to satisfy the debt owed to the Corporation, with any excess being returned to the expelled Regular Member. If the funds realized from the sale are not sufficient to satisfy the debt owed to the Corporation, including any legal or other collection costs incurred by the Corporation, the Regular Member shall satisfy the remaining obligation by cash or check to the Corporation. The expelled Member shall continue to be liable for dues and all other assessments applicable to Regular Members generally until such time as the Regular Member’s membership is sold.
14. The Board shall determine which persons or companies shall perform maintenance on Corporation aircraft.
15. The Board will review quarterly cost summaries prepared by the Treasurer for each aircraft. This review will be used by the Board to adjust dues, flying rates, etc., the goal being that dues cover all fixed and administrative costs and that each aircraft remains financially self supporting.
16. The Board shall review the findings of any committee appointed by the President for the purpose of carrying out investigations of negligence, aircraft damage, or any occurrence which has or could result in jeopardizing any Member’s investment in the Corporation.
17. Consistent with the charter, these bylaws and provisions of law, the Board shall be empowered to take any action it feels necessary to insure that each Regular Member’s investment (membership) is protected.
18. The Board may suspend the flying privileges of any Regular or Associate Member, or may expel the Member, if it determines that the Member has acted, in connection with the operation of a Corporation aircraft, in a reckless, grossly negligent or illegal manner.
A. Suspension of flying privileges shall require the affirmative vote of two-thirds of the full Board. A Regular Member so suspended shall have the right of appeal to the membership at the next Annual Meeting of the membership. Such appeal must be requested by the affected Member in writing, delivered to the President, within 30 days after the date upon which the Member is notified of the suspension. The Member may be reinstated (suspension revoked) only by a majority vote of the membership present or represented at that meeting.
B. Expulsion of a Member shall require the affirmative vote of two-thirds of the full Board and shall conform with the requirements of Paragraphs 13(A) and 13(B) of these bylaws.
19. The Board shall be responsible for taking reasonable action to (a) insure the solvency of the Corporation, (b) insure that all aircraft meet all FAA airworthiness directives and requirements, (c) maintain customary insurance on all corporate aircraft, and (d) resolve contested scheduling conflicts. However, this paragraph shall in no way be construed or interpreted as to impose personal liability or responsibility on individual Board Members regarding the solvency of the Corporation, non-compliance with FAA directives and requirements or otherwise.
20. The Board is authorized to schedule aircraft time for maintenance and for local flying activities or special events.
21. Any addition to or deletion from the subscriptions received by the Corporation will be approved by the Board.
22. The Board will establish an audit committee, consisting of three Regular Members, at the first regular meeting of the Board following each Annual Meeting. The audit committee members shall include at least one Board member and one non-Board member. The audit committee will audit the corporate records and verify that insurance, annual reporting to the Tennessee Secretary of State, corporate documents, aircraft documents (airworthiness certificate, aircraft registration, weight and balance, annual inspection, IFR certification) are current. The results of the audit will be communicated to the Board by the end of June following the committee’s appointment and to the membership at the next Annual Meeting. The audit committee report will be made a part of the minutes of the Annual Meeting.
III. Operation of the Corporation
1. The President shall manage the operation of the Corporation subject to the oversight of the Board of Directors.
2. The Vice-President shall:
A. Serve as the acting President in the absence of the President.
B. Review biannually the Corporation’s insurance program to insure compliance with Section V of the bylaws.
C. Obtain and edit information of interest to the membership from the officers, Members, FAA, or other sources for inclusion with the monthly billing as “Skynotes.”
D. Administer and supervise the Associate Member program.
E. Approve trips for which the aircraft will be away from Tri-Cities Regional Airport more than 14 days.
F. Resolve scheduling conflicts and remove reservations from the schedule that are in conflict with the Bylaws.
3. The Secretary shall:
A. Promptly and permanently record the minutes of all Regular and Special Meetings of the membership and Board meetings and make the minutes available for inspection by any Regular Member at a reasonable time and place.
B. Maintain membership records.
C. Oversee all actions associated with transfers of memberships.
D. Be responsible for applying for, updating, and posting registration certificates and licenses.
4. The Maintenance Officer shall:
A. Administer all routine maintenance and such maintenance or modifications as may be required by FAA regulations or directives.
B. Schedule time necessary to have repairs and maintenance performed. In the interest of safety and welfare of the aircraft, the Maintenance Officer may cancel reservations and shall notify the affected Member(s).
C. Ensure accessory equipment is maintained in a safe condition or is replaced as necessary.
D. Manage aircraft and equipment maintenance documents and preserve them in a location designated by the Board.
5. The Treasurer shall:
A. Maintain the financial records of the Corporation in accordance with generally accepted accounting practices. Prepare financial statements including, but not limited to, a balance sheet, an income statement, a budget, and such cost analyses as may be required by the Board for management purposes. Financial statements should be prepared quarterly or more often as determined by the Board.
B. Prepare a billing to the membership following the last day of each month for distribution by the tenth day of the following month.
C. Prepare an annual written financial report to the membership for distribution and review at the Annual Meeting.
D. Maintain separate cost accounts for each Skycrafters’ aircraft.
E. Accrue liabilities and expenses for items budgeted by the Board.
F. Submit, when required, annual reports to the Tennessee Secretary of State, and submit printed evidence of such filings to the Secretary to be duly announced at and recorded in the minutes of the next regular meeting of the Board and the next Annual Meeting of the membership.
G. Be responsible for currency and renewal of subscriptions received by the Corporation.
6.
7.1.The IT Officer shall:
A. Maintain and administer the Skycrafters Web
site
B. Maintain
and administer the on-line aircraft scheduling system
8.6.Dues reduction for services
to the Corporation shall be provided to the Treasurer, up to two (2) Assistant
Maintenance Officers, and Vice President (1/2 reduction). Dues reduction
amounts shall be reviewed annually by the Board, and recommended adjustments
shall be submitted for revision and/or approval by the membership at the Annual
Meeting of the corporation. At the recommendation of the Board dues reduction
may be granted for a specified Board member at any time when warranted by workload.
Should one person fill more than one office, the dues reduction shall be
limited by the maximum amount specified for only one office.
9.7.Members will pay to the
Corporation by the end of the month a flying fee determined by the Board for
each aircraft flown as metered by the elapsed time (Hobbs) meter, or the
tachometer hour meter plus 20% should the Hobbs meter be inoperative. Flying
rates shall include all variable costs as determined by the Board such as, but
not limited to, cost of fuel, cost of oil (including scheduled oil changes),
reserve for engine major overhaul, and normal engine, airframe, and avionics
maintenance.
10.8.
All Members, with the exceptions in Paragraph 6
above, will pay to the Corporation monthly dues to be used by the Corporation
for fixed expenses. The rate of the monthly dues will be determined by the
Board. This rate will include, but not be limited to, the following: insurance,
tie-down fees, taxes, subscriptions, administrative costs, paint and interior
replacements, and base annual inspections of the aircraft.
11.9.
Payment of the monthly bill is due the first day of
the month following the issue of the bill. Monthly interest will be charged on
any unpaid portion of that bill beginning 30 days after the due date. Flying
privileges will be suspended if any part of that bill and interest charged on
that bill are not paid in full 90 days after the due date.
12.10.
Accounts necessary for the operation of the
Corporation shall be maintained in the Corporation’s name. The President and
the Treasurer are each authorized to sign the Corporation checks and withdraw
funds from the accounts for Corporation use.
13.11.
Capital additions (e.g., aircraft purchases and/or
additions to aircraft equipment) totaling more than $l,000 annually or more
than $500 for an individual item shall require the approval of each item by a
majority vote of the Regular Members.
IV. Use of Aircraft
1. In the event of an accident:
A. The Member pilot-in-command shall comply with NTSB Part 830.
B. The President will appoint an accident investigation committee consisting of at least 3 Board Members. This committee will be responsible for (1) determining the factors relating to the accident, (2) recommending to the Board any instruction to be completed by the Member pilot-in-command prior to acting as pilot-in-command in Corporation aircraft, and (3) making a report containing this information to the President within 14 days of the date of the appointment of the committee.
C. The President shall provide the committee’s report to the Board no later than the next regularly scheduled meeting of the Board. The Member pilot-in-command shall be prohibited from acting as pilot-in-command in Corporation aircraft until approval is obtained from the Board and training required by the Board, if any, is completed. The Member pilot-in-command, accompanied by a CFI, may use Corporation aircraft to obtain the required training and a Member may log the required training time as appropriate.
D. If the Member pilot-in-command does not meet insurance requirements, as evidenced by the ultimate denial of insurance coverage, the Board shall determine, in its discretion, the liability of the Member pilot-in-command to the Corporation. Liability for damage to the aircraft shall not exceed the total cost to repair damages or the insured value of the aircraft if a total loss.
E. When damage is less than the amount of the insurance deductible, the Member pilot-in-command is responsible for the first $1,000 of the cost of repairs.
F. When the board determines that it is not economically attractive to file an insurance claim, the Member pilot-in-command is responsible for the cost of repairs, not to exceed $1,000.
G. When a claim is filed and paid by the insurance company, the Member pilot-in-command is responsible for the first $1,000 of the deductible amount.
H. The above cost of repairs are to be paid by the Member pilot-in-command unless the Board determines that the Member did not materially contribute to the cause of the accident.
I. If an Associate Member is acting as pilot-in-command when an accident occurs, the sponsoring Regular Member shall bear the same liability as stated in the preceding paragraph.
2. Except in the case of an emergency, Corporation aircraft shall be restricted to operation from airports shown on published and generally circulated aeronautical charts and not shown as restricted or closed in the Airman’s Information Manual, NOTAMs, or aeronautical charts. A Member may obtain permission to land at other airfields by written consent of the Board. The requesting Member must supply to the Board any information requested by the Board about the proposed landing site.
3. If the President determines that a Member has willfully violated any FAR, these bylaws or any operating procedure or rule adopted by the Board, he shall immediately suspend the flying privileges of the Member in question until the incident is fully investigated by a committee comprised of Board members appointed by the President. He shall notify the affected Member of the suspension as soon as possible. The President shall report any such suspension to the Board as soon as possible and no later than the next regular meeting of the Board. The flying privileges of the Member in question may be restored by the President or a simple majority of the Board.
4. Except in the event of an emergency, aircraft repairs estimated to cost $200 or more required when the aircraft is away from Tri-Cities Regional Airport are to be undertaken only after the Member pilot-in-command has obtained authorization by telephone from the Maintenance Officer or other Corporate officer if the Maintenance Officer cannot be contacted. When repairs are required when on a trip away from Tri-Cities Regional Airport, the member is responsible for any resulting personal expenses incurred, such as lodging, meals, transportation home, etc and for the expense of returning the aircraft to Tri-Cities after the maintenance repairs have been completed.
5. To act as pilot-in-command of the Corporation’s aircraft, a Member must hold a valid and effective Airman’s Certificate of appropriate type, with appropriate endorsements and ratings for the flight to be undertaken, and:
A. for high-performance airplanes, comply with FAR 61.31(f) (FAR required high-performance endorsement),
B. for complex airplanes,
i. comply with FAR 61.31(f) (FAR required high-performance endorsement),
ii. comply with FAR 61.31(e) (FAR required complex endorsement),
iii. have an instrument rating
iv. have accumulated at least 500 hours of total logged flight time,
v. have 50 hours or more of logged pilot time in retractable gear aircraft, and
vi. have at least 3 hours of logged pilot time, in a Corporation aircraft of the same make and model as that to be used for the flight, during the 180 days preceding the flight, or have taken and passed a currency check-out in a Corporation aircraft of the same make and model as that to be used for the flight and received a written endorsement from a CFI during the 45 days preceding the flight;
C. hold a valid medical certificate;
D. meet all regulatory currency requirements for the flight to be undertaken. Additionally, if a pilot has not logged at least 3 hours in any make and model aircraft within the preceding 90 days or passed a currency checkout in the make and model aircraft to be flown in the preceding 45 days, a CFI checkout in the make and model to be flown is required prior to solo flight.
E. have a signed endorsement in his pilot’s logbook by a CFI attesting to a successful checkout in an aircraft of the same make and model;
F. for Members joining after January 2004, have received in any Corporation aircraft an orientation flight and written sign-off from an instructor who is a Regular Member. The endorsement by the Corporation instructor shall include “(Name) as Skycrafters Flight Instructor”. If no CFI who is a Corporation Member is available to meet the requirements of this paragraph, the Board may approve a non-Member CFI to perform this function. The approval of such a CFI shall be noted in the minutes of the board meeting in which the approval occurs and be published in the issue of Skynotes that first follows the board approval. The board may at its discretion cancel this approval. This cancellation must be noted and published in the same manner as the above described approval;
G. comply with the requirements of any insurance policy then in force concerning the aircraft to be operated; and
H. comply with operating rules established by the Board from time to time.
6. Any CFI used by a Member for insurance-required make and model initial check-out or currency check-out must have 200 total hours of instruction time and have 25 hours of logged pilot time in the make and model.
7. Any CFI used by a Member for insurance-required make and model initial check-out or currency check-out must meet the insurance and other currency requirements required of a Member to act as PIC.
8. If a Member is to receive training in any Corporation complex aircraft, the recent experience requirements applicable to the Member for use of the Corporation’s complex aircraft shall also apply to the CFI. In addition, only CFIs who have logged 3 take-offs and landings in any retractable gear aircraft within the last 90 days and who have at least 15 hours of logged pilot time in any retractable gear aircraft are approved to instruct Members and/or check out Members in the Corporation’s complex aircraft.
9. To maintain Member currency with insurance requirements, the Vice President shall, upon receiving each insurance policy renewal or replacement, distribute to each Regular Member and Associate Member the Member and instructor requirements specified by that insurance policy.
10. Only the following persons are to be permitted to fly the Corporation’s aircraft:
A. Regular and Associate Members.
B. Any CFI for the purpose of instructing a Regular or Associate Member; provided, however, that the CFI must meet the insurance requirements for instruction in Skycrafters aircraft and any additional requirements of this section.
C. Any FAA Inspector acting in an official capacity.
11. The Board may approve individual Members not meeting the requirements of section IV.5.B.iv to act as PIC of Corporate complex aircraft. Members having a recommendation for approval from the club insurance carrier may petition the board and be approved by a majority vote of the Board.
12. The Board can waive the requirement in section IV.6 for CFI’s not meeting the requirements of section IV.6. Members having a recommendation for approval from the club insurance carrier for a CFI not meeting these requirements may petition the board. Waiver requires a majority vote of the Board.
13. All flight time as registered by the Hobbs meter or aircraft tachometer hour meter and dates of operation, oil added, and squawks are to be entered in the aircraft logbook and signed for by the Member pilot-in-command after each flight. All squawks critical to flight safety shall be reported to the Maintenance Officer or another Board member at the completion of the flight.
14. It shall be the responsibility of the Member operating the aircraft to insure that it is properly secured after each flight. All parking fees, landing fees, and other such expenses incurred away from Tri-Cities Regional Airport shall be paid by the Member pilot-in-command.
15. No Member shall use Corporation aircraft as equipment for hire. No Member shall lend or rent Corporation aircraft.
16. During ferry operations for the Corporation’s purposes (e.g., flights for maintenance) the Corporation will bear the aircraft operating expenses. The Maintenance Officer or his designated alternate will make the arrangements and select the pilots for the operation. Such time will be logged in Corporation records as maintenance time.
17. Reservations for Corporation aircraft shall be as follows:
A. Trips, defined as operations that keep an aircraft away from Tri-Cities Regional Airport for 24 hours or more, are encouraged. Reservations should be made as far in advance as possible but not longer than 12 months in advance unless excepted by the Secretary. No more than two trip reservations may be in effect for a Member at one time. Trips are limited to five weeks, in the aggregate, per calendar year per Member, including one trip of up to two weeks’ duration. Trips taken by Associate Members shall be consolidated with those of their sponsoring Regular Members for purposes of this five-week limit. However, a Member who has expended his five weeks may use an aircraft for trips of up to one week’s duration each, provided that his aircraft reservation does not predate any such trip by more than seven days.
B. Trips to be scheduled for longer than 14 days shall require approval of the Vice President.
C. In order to promote flight training and best utilization of the equipment, aircraft may be reserved for local flights. However, no more than four reservations for local flights may be in effect for any one Member at any one time.
D. Before taking an aircraft outside the United States, a Member must notify the Vice President of the intended flight not less than seven days in advance of the flight, and he must receive, before undertaking the flight, written confirmation that any insurance policies then in effect are applicable to the flight.
E. All aircraft operations must be entered in the reservation system prior to flight. It shall be the responsibility of the Member using the aircraft to ascertain that a reservation has been entered. A set of Jepp charts may be reserved and entered in the reservation system along side the Member’s name.
F. A Member may not have a first reservation for more than one aircraft for use at the same time.
G. If a Member has not arrived at the airport to use the aircraft or Jepp charts two (2) hours after the reservation begins, the full reservation is canceled.
H. Reservations made in violation of the Bylaws shall be removed from the reservation system by the Vice President, who shall notify the offending Member of the schedule cancellation.
18. Cockpit cleanup shall be part of securing the aircraft and the responsibility of the Member pilot-in-command. Trash shall be removed, ashtrays emptied, and equipment returned to its proper place.
V. Insurance
1. Each aircraft shall be insured as follows:
A. Ground and in-flight hull insurance shall be for an amount equal to the replacement value of the aircraft, including all installed equipment, and the deductible amount shall not exceed $2,000.
B. Customary limit liability insurance shall be purchased.
2. In case of damage to an aircraft, all Regular Members shall share equally in the cost of repairs or replacements that are not covered by insurance, except as set forth in Section IV, “Use of Aircraft”.
VI. Meetings of Regular Members
1.
An annual meeting of the Regular Members shall be held during
January at a time and place designated by the Board (“Annual Meeting”). Special
meetings of the Regular Members may be called only by the Board. All Regular
Members, as they appear on the membership roll of the Corporation, must be
notified of the date, time and location of a Special Meeting, as well as the
purposes of the meeting, at least ten (10) days, but not more than sixty (60)
days before the date of the meeting. Notice shall be delivered either
personally, by electronic means, or by U.S. Postal Service mail. If delivered
by mail, it shall be deemed to be delivered when deposited in the mail,
addressed to the Regular Member as his address appears on the membership roll
of the Corporation.
A majority of the Regular Members must be present or represented at a meeting
to constitute a quorum. Associate Members may attend Annual or Special Meetings
of the Regular Members at the discretion of the Board.
2. The Corporation’s bylaws may be adopted, amended, or repealed during any Annual Meeting of the Regular Members, or during a Special Meeting of the Regular Members for which the notice of the meeting identifies consideration of the modification of the bylaws to be a purpose of the meeting. The adoption, amendment or repeal of the Corporation’s bylaws shall require the affirmative vote of two-thirds of the Regular Members present or represented at the meeting.
3. The President shall preside at all Annual and Special Meetings of the Regular Members.
4. Robert’s Rules of Order or such other reasonable procedures as the President shall determine, shall prevail in the conduct of business during Annual and Special Meetings of the Regular Members and shall be applied by the President with assistance from a Parliamentarian, if any, appointed by the President
4.Robert’s
Rules of Order or such other reasonable procedures as the President shall
determine, shall prevail in the conduct of business during Annual and Special
Meetings of the Regular Members and shall be applied by the President with
assistance from a Parliamentarian, if any, appointed by the President.
VII.
A
person acting in official capacity for the estate of a deceased Skycrafters
member whose dues, flying charges, and obligations
to Skycrafters, Inc. are paid in full may submit and transfer the deceased
member’s share to Skycrafters, Inc. at no cost to Skycrafters. An
official receipt for the share shall be provided by Skycrafters, Inc.
indicating that the estate of a deceased member
has no future obligation to Skycrafters, Inc.