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ARTICLE 1 <br />STATUS OF CORPORATION <br />§ 1.01 Status of Corporation <br />(a) By its execution of this Agreement, Corporation <br />warrants that it is duly incorporated under the laws of the State <br />of California and that true and correct copies of its Articles of <br />Incorporation and Bylaws and a true and correct listing of Cor- <br />poration's directors and officers and their terms of office, <br />certified as such by Corporation's Secretary, have been filed <br />with City's Clerk of the Council. <br />(b) By its execution of this Agreement, City accepts <br />and agrees to the organization of Corporation as set forth in <br />the abovesaid Articles of Incorporation and Bylaws. <br />§ 1.02 Amendment of Articles and Bylaws <br />Corporation shall not amend its Articles of Incor- <br />poration or Bylaws without the consent of City. Such consent <br />shall not be unreasonably withheld, but City shall have the <br />right to reject any amendment which would eliminate or reduce <br />City's representation in the conduct of the Corporation's affairs. <br />Any amendment of Corporation's Articles or Bylaws shall be <br />promptly filed with City's Clerk of the Council. <br />2. <br />