Bylaws

ARTICLE X

MISCELLANEOUS PROVISIONS

Section 1

Compensation.

No Director or officer of the Association shall receive any salary or other compensation for services performed in the conduct of the Association's business; provided, however, that the Board may authorize reimbursement for expenses actually incurred by a Director or officer in carrying on the business of the Association.

Section 2

Standards of Conduct.

Each Director shall perform the duties of a Director in accordance with the standards of conduct set forth in the Oregon Nonprofit Corporation Act.

Section 3

Conflicts.

Conflicts between provisions of these Bylaws and the other Association Documents shall be resolved as set forth in the Declaration.

Section 4

Fiscal Year.

The fiscal year of the Association shall begin on the first day of January and end on the 31st day of December.

Section 5

Annual Audit.

Not less often than annually, the Board of Directors shall contract with a certified public accountant for the performance of an independent annual fiscal audit of the Association's fiscal records.