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<law><site_title>Virginia Decoded</site_title><site_url>https://vacode.org</site_url><law_id>57517</law_id><section_number>55.1-2137</section_number><catch_line>Bylaws</catch_line><edition url="https://vacode.org/2025/" slug="2025" current="TRUE" last_updated="">2025</edition><structure><unit label="title" level="1" order_by="1" identifier="55.1">Property and Conveyances</unit><unit label="subtitle" level="2" order_by="1" identifier="IV">Common Interest Communities</unit><unit label="chapter" level="3" order_by="1" identifier="21">Virginia Real Estate Cooperative Act</unit><unit label="article" level="4" order_by="1" identifier="3">Management of Cooperatives</unit></structure><text>
						<section id="A"><p><span class="prefix-number">A.</span> The bylaws of the <span class="dictionary">association</span> shall provide for: <a id="paragraph-210737" class="section-permalink" href="https://vacode.org/55.1-2137/#A"><i class="fa fa-link"/></a></p></section>
						<section id="A1" class="indent-1"><p><span class="prefix-number">1.</span> The number of members of the <span class="dictionary">executive board</span> and the titles of the officers of the <span class="dictionary">association</span>; <a id="paragraph-210738" class="section-permalink" href="https://vacode.org/55.1-2137/#A1"><i class="fa fa-link"/></a></p></section>
						<section id="A2" class="indent-1"><p><span class="prefix-number">2.</span> Election by the <span class="dictionary">executive board</span> of a president, treasurer, secretary, and any other officers of the <span class="dictionary">association</span> the bylaws specify; <a id="paragraph-210739" class="section-permalink" href="https://vacode.org/55.1-2137/#A2"><i class="fa fa-link"/></a></p></section>
						<section id="A3" class="indent-1"><p><span class="prefix-number">3.</span> The qualifications, powers and duties, terms of office, and manner of electing and removing <span class="dictionary">executive board</span> members and officers and filling vacancies; <a id="paragraph-210740" class="section-permalink" href="https://vacode.org/55.1-2137/#A3"><i class="fa fa-link"/></a></p></section>
						<section id="A4" class="indent-1"><p><span class="prefix-number">4.</span> Which, if any, of its powers and responsibilities the <span class="dictionary">executive board</span> or officers may delegate to other <span class="dictionary">persons</span> or to a managing agent; <a id="paragraph-210741" class="section-permalink" href="https://vacode.org/55.1-2137/#A4"><i class="fa fa-link"/></a></p></section>
						<section id="A5" class="indent-1"><p><span class="prefix-number">5.</span> Which of its officers may prepare, execute, certify, and record amendments to the <span class="dictionary">declaration</span> on behalf of the <span class="dictionary">association</span>; and <a id="paragraph-210742" class="section-permalink" href="https://vacode.org/55.1-2137/#A5"><i class="fa fa-link"/></a></p></section>
						<section id="A6" class="indent-1"><p><span class="prefix-number">6.</span> The method of amending the bylaws. <a id="paragraph-210743" class="section-permalink" href="https://vacode.org/55.1-2137/#A6"><i class="fa fa-link"/></a></p></section>
						<section id="B"><p><span class="prefix-number">B.</span> Subject to the provisions of the <span class="dictionary">declaration</span>, the bylaws may provide for any other matters the <span class="dictionary">association</span> deems necessary and appropriate, including a provision for the arbitration of disputes or other means of <span class="dictionary">alternative dispute resolution</span> in accordance with subsection B of &#xA7; <a class="law" title="Effect of violation on rights of action; attorney fees; arbitration of disputes" href="/55.1-2169/">55.1-2169</a>. <a id="paragraph-210744" class="section-permalink" href="https://vacode.org/55.1-2137/#B"><i class="fa fa-link"/></a></p></section></text><history>1982, c. 277, &#xA7; 55-463; 1993, c. 849; 2019, c. 712.</history><metadata></metadata></law>
