RASM members were recently asked to submit their votes through an online limited proxy form and by a majority vote, members voted to amend the current Bylaws and Articles of Incorporation. Most of the major changes dealt with the restructuring of RASM’s Board of Directors including;
- The removal of the secretary position and the addition of the vice-president position. The elected officers of the Association shall be: a president, a president-elect, a vice president, and a treasurer. They shall be elected for terms of one year or until their successors are elected.
- The number of directors will go from twelve to nine. On January 1, 2023, the governing body of the Association shall be a Board of Directors consisting of the elected officers, the immediate past president of the Association, nine (9) elected REALTOR® members of the Association, and one REALTOR® member of the Commercial Real Estate Alliance (CREA) of the Association. Directors shall be elected to serve for terms of three (3) years, which shall be staggered terms as provided herein.
- Upon completion of the NAR Director’s term expiring on December 31, 2020, said Director’s position shall cease. Upon completion of the NAR Director’s term expiring on December 31, 2021, said Director’s position shall cease. Upon completion of the NAR Director’s term expiring on December 31, 2022, said Director’s position shall cease. Beginning on January 1, 2023, any NAR appointed Directors shall no longer serve on the RASM Board of Directors.
These changes will go into effect immediately.
The new Bylaws and Articles of Incorporation can be found here.