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TABLE OF CONTENTS


ARTICLE 1. NAME AND OFFICES/DEFINITIONS
1.01. Name
1.02. Principal Office
1.03. Other Offices
1.04 Definitions

ARTICLE 2. MEMBERS
2.01. Qualifications
2.02. Proof of Membership
2.03. Membership Certificates
2.04. Member Address
2.05. Membership List
2.06. Members Voting Rights

ARTICLE 3. ACTIONS BY MEMBERS
3.01. Voting Rights and Proxies
3.02 Membership Nontransferable
3.03 Suspension or Termination
3.04. Meetings; Notice; Quorum

ARTICLE 4. DIRECTORS
4.01. Powers
4.02. Number and Eligibility of Directors
4.03. Election and Term of Office
4.04. Resignation
4.05. Removal
4.06. Vacancies
4.07. Annual Meeting
4.08. Regular Meetings
4.09. Special Meetings
4.10. Place of Meetings
4.11. Telephonic Meetings
4.12. Notice of Meetings
4.13. Waiver of Notice
4.14. Action Without Meeting
4.15. Quorum
4.16. Adjournment
4.17. Inspection Rights
4.18. Fees and Compensation
4.19. General Terms Applicable to Meetings of the Board of Directors

ARTICLE 5. COMMITTEES
5.01. Executive and Other Committees of the Board of Directors
5.02. Minutes and Reports
5.03. Meetings
5.04. Term of Office of Committee Members

ARTICLE 6. OFFICERS
6.01. Officers
6.02. Election and Term
6.03. Subordinate Officers, Etc.
6.04. Resignation
6.05. Vacancies
6.06. President
6.07. Vice President
6.08. Secretary
6.09. Treasurer
6.10. Assistant Secretary
6.11. Compensation

ARTICLE 7. BOOKS AND RECORDS

7.01. Books and Records
7.02. Form of Records
7.03. Annual Report
7.04. Documents

ARTICLE 8. CONTRACTS, LOANS, ETC.

8.01. Execution of Contracts
8.02. Loans
8.03. Checks, Drafts, Etc.
8.04. Deposits

ARTICLE 9. INDEMNIFICATION OF DIRECTORS AND OFFICERS

9.01. Indemnification by Corporation
9.02. Advancing Expenses
9.03. Insurance

ARTICLE 10. INVESTMENTS
10.01. Standards
10.02. Retention of Property
10.03 Violations

ARTICLE 11. DISSOLUTION AND PROPERTY INTEREST OF MEMBERS

ARTICLE 12. SEAL AND FISCAL YEAR

12.01. Seal
12.02. Fiscal Year

ARTICLE 13. AMENDMENTS

13.01. Amendments
13.02. Conflicts

ARTICLE 14. ROBERT'S RULES

ARTICLE 15. ASSESSMENTS
15.01 Operating Fund
15.02 Water Allocation Assessments
15.03 Member Assessment
15.04 Default in Payment of Member Fees

ARTICLE 16. ATTORNEYS' FEES AND EXPENSES OF ENFORCEMENT

ARTICLE 17. MEDIATION OF DISPUTES

ARTICLE 18. WATER USAGE/ALLOCATION

18.01 Responsibilities
18.02 Water Commitment
18.03 Member Commitment Voting

ARTICLE 19. OPERATION AT COST AND MEMBERS' CAPITAL

19.01 Operation at Cost
19.02 Margin Allocation
19.03 Per-Unit Retains
19.04 Dividends
19.05 Records and Documentation
19.06 Fiscal Year

ARTICLE 20. EQUITY REDEMPTION
20.01 Regular Redemption
20.02 Discretionary Special Redemptions
20.03 Specified Special Redemptions

ARTICLE 21. CONSENT

ARTICLE 22. NON-PATRONAGE INCOME

ARTICLE 23. LOSSES
23.01 Patronage Losses
23.02 Non-patronage Losses
23.03 General Provisions

CERTIFICATE OF SECRETARY

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