ARTICLE VIII

OFFICERS

Section 8.1.   Description and Qualifications.

ICAB officers of ICAB shall be a President, a President-Elect, an Immediate Past President,
a Treasurer, a Secretary and such vice presidents, assistant secretaries or other officers as may
be elected or appointed by the Board of Regents.

Section 8.2.   Election and Term of Office.

All officers of ICAB shall be elected at the annual meeting of Member Organizations. Except
for the Treasurer and the Secretary, whose terms are specifically provided for herein, all
officers shall serve only for a term of one year and until their successors have been
duly elected and qualified. All officers shall assume their duties on the first day
following the close of the Annual Meeting of Member Organizations.

Section 8.3.   President.

(A)   The President shall, in general, perform all duties set forth in these Bylaws, and such other duties as may be prescribed by the Board of Regents from time to time.  The President shall preside at all meetings of the Member Organizations, the Board of Regents and the Executive Committee; sign, when authorized by appropriate resolutions, deeds, mortgages, bonds, contracts or other instruments except in cases where the signing and execution there of shall be expressly delegated by the Board of Regents or by these Bylaws to some other officer or agent of ICAB, or shall be required by law to be otherwise signed or executed; represent ICAB when formal appearances are necessary or desirable before governmental bodies; appoint special committees and the members and chairs of all standing and ad hoc committees whose membership and chairs are not otherwise provided for in these Bylaws; and, shall be an ex officio member of all committees.

(B)    In the, event of death, incapacitation, resignation or removal from office (an "Event") of the President, the President-Elect shall assume the office of President for the remainder of the President's term. The President-Elect then shall serve as President for the next year as well.

Section 8.4.   President-Elect.

The President-Elect shall assume the duties and have all the powers of the President during absences of the President not involving an Event. Upon the occurrence of an Event involving only the President-Elect, and not the President, the office of President-Elect shall remain vacant until the next Annual Meeting of the Member Organizations .  If the offices of both President and President-Elect become vacant at the same time, the Board of Regents shall promptly appoint an interim President and an interim President-Elect to serve until the next annual meeting of the Member Organizations .

Section 8.5.   Treasurer.

The Treasurer shall be elected for a term of one year and shall be eligible for re-election for two more terms only.

The Treasurer shall, in general, perform all duties incident to the office and such other duties as from time to time may be assigned by the Board of Regents.  Without limiting the foregoing, the Treasurer shall

·    review the budget, eligibility for tax exempt status and taxation, methods of audit and preparation and composition of financial reports;
·    receive and review annual and quarterly reports of current income and expenditures;
·    serve as Chair of any Finance Committee which may be created;
·    present at regular meetings of the Board of Regents reports of ICAB financial status.

Upon the occurrence of an Event involving the Treasurer which occurs more than 60 days prior to the normal expiration date of the Treasurer's current term of office, the Board of Regents shall appoint a new Treasurer to serve for the remainder of such unexpired term.  If the remainder of such unexpired term is less than six months, the new Treasurer shall be eligible for election for as many full terms as are permitted by the Bylaws. If the remainder of the unexpired term is greater than six months, the new Treasurer shall, for purposes of any future nominations and/or election to office, be considered to have served a full one year term.

Section 8.6.   Secretary.

The Executive Vice President shall be its Secretary.  The Secretary shall
·    keep or cause to be kept the minutes of meetings of the Member Organizations, the Board of Regents and the Executive Committee; assure that all required notices are duly given; act as the custodian of the corporate records and seal;
·    perform all other duties incident to the office of Secretary.