Plum Point Water Association Inc

“Membership is limited to those who obtain the services, acquire a tangible interest in its assets in proportion to the business done with the organization and have a voice in its management. The corporation does not have capital stock.”

“The corporation does not issue capital stock. Instead, a membership certificate is provided to each secretary-treasurer of the corporation. Upon the final disposition of property rights, the owner will be entitled to membership just as if the original member had transferred their membership to them. Membership is limited to those who utilize the services, acquire a tangible interest in the corporation's assets proportional to the business conducted with the organization, and have a voice in its management. Membership in the corporation is evidenced by membership certificates. These certificates grant the right to use and enjoy the benefits of the corporation's water supply system, provided that necessary assessments and reasonable charges based on usage are paid. This right is subject to the rules, regulations, and contracts established and updated periodically by the board of directors.”

“The board of directors of this corporation consists of five members, all of whom must be members of the corporation. The directors named in the articles of incorporation will serve until the first annual meeting of the members, and until their successors are elected and have qualified. The board of directors meets within ten days after the annual election of directors to elect a president and vice-president from among themselves. Additionally, they elect a secretary-treasurer, who does not need to be a member of the board. Each officer will serve until the next annual meeting and until their successor is elected and qualified, unless they are removed earlier due to death, resignation, or for cause. A majority of the board of directors constitutes a quorum at any meeting of the board. The affirmative vote of the majority of the directors at a meeting at which a quorum is present is the act of the board.”

“No review was or will be conducted.”

“Compensation for officers can only be established during a regular or special meeting of the corporation's members. Directors do not receive compensation for their services.”

“Compensation for officers can only be established during a regular or special meeting of the corporation's members. Directors do not receive compensation for their services.”

“No documents available to the public”

“The plum point community water association was established to provide water to the plum point community in panola county, ms. The association is governed by a board of directors, who are elected annually by its members during the annual meeting held each august. The association's activities are funded by its members, based on their monthly water usage. The fees collected from members are used to maintain the water well, water lines, and the property where the water well is located.”

“Contract services 4,740 0 0”