We are a non-profit retirement association connected to university. The Nat'l pandemic guidelines affected our annual meeting (election of officers/board members, budget adoption, audit). Our fiscal year is July 1-June 30. Our bylaws state that
"Annual meeting will be held in May,
Elected officers shall begin their terms of office at the end of the annual meeting at which they are elected.
The Nominating Committee shall present its slate at the Annual Membership Meeting of the Association for election by the membership present"
Our bylaws to not stipulate "or until their successors are duly elected." We also use a President-elect rotation, so we elect a PE not a President
Some questions:
1. If the annual meeting is postponed to, lets say, either late summer or early fall , do the current officers/board remain in their positions until successors are elected?
2. Is this assumed if bylaws do not specifically state "and shall serve until the conclusion of the following annual convention or until their successors are duly elected"?
3. Do bylaws need to include a statement, "In a state or national emergency, declared by the Governor of ...(name state) or by the President of the United States, the board of directors shall set up machinery to carry on the business of the association".