Florida Educational Risk Management

“FERMA has five classes of membership: Educational, Associate, Corporate, Lifetime and Honorary. Educational and Associate members may vote for the Board of Directors as well as on other official business of the association. Corporate, Lifetime, and Honorary members may not hold office or vote. For more information see response to lines 7a and 7b.”

“Prior to the annual summer meeting the president shall appoint a nominating committee consisting of at least three, but not more than five, persons from the educational membership to prepare a slate of officers and directors. All officers and directors must have agreed to have their name placed in nomination and service of elected.All officers and directors shall be elected at the annual summer meeting.Nominations from the floor will be received with the prior consent of the person being nominated.Should any vacancy occur among officers or directors, the president shall appoint a qualified member to complete the remainder of the term. Educational Membership shall be granted to individuals employed in the Florida public school systems and are members of the Florida Retirement System, the Florida College System and are members of the Florida Retirement System; including risk management consortia personnel who manage risk management functions, or any part thereof or any past FERMA President.Associate Membership shall be granted to individuals employed in the Florida public school systems and are members of the Florida Retirement System, the Florida College System and are members of the Florida Retirement System; including risk management consortia personnel who serve in a staff capacity to an Educational Member or any past FERMA President Part VI, Line 7a continuedCorporate Membership may be granted to licensed insurance agents, sales representatives, and other not eligible for educational or associate membership. Corporate members may not hold office or vote.”

“Amendments or revisions to the bylaws must be proposed to the President prior to a meeting of the Board of Directors. The President shall refer within thirty days prior to the next meeting such changes to the Voting members for their consideration and approval or rejection at their next Association meeting. The Board of Directors shall recommend acceptance or rejection of the proposed changes to the membership. Such amendments or revisions shall be determined by a majority of the educational members present. Changes go into effect immediately upon adoption.A majority of the educational members present at an annual or special meeting constitute a quorum for the transaction of business.”

“Form 990 is emailed to the executive secretary prior to the filing date. She distributes the form to the board for review.”

“The general public may contact any member of the board of directors, or the executive secretary to obtain a copy of the 990.”