ARTICLE I: ORGANIZATION
- The name of the organization shall be the Oklahoma
Self-Insurers Association.
- The organization may, at its pleasure by a vote of
the membership body, change its name.
- The purposes of the Oklahoma Self-Insurers
Association are to be carried out so that the
organization is exempt from income taxation
pursuant to Section 501 C (6) of the Internal
Revenue Code of 1986 or a corresponding Section of
any future United States Internal Revenue Law.
ARTICLE II : PURPOSE
The purpose of this organization shall be:
- To further and protect the interests of
self-insurers in the State of Oklahoma.
- To maintain an active interest in the Workers'
Compensation Act and its administration.
- To keep members informed of trends, pending
legislation, regulations, and other matters which
may affect the operation of a self-insurer
- To provide representation on behalf of the members
at meetings, hearings, conferences, or other forums
that pertain to the operation and
administration of self-insured programs, or
otherwise affect the law.
- To cooperate with other organizations which may have
similar interests.
- To do and perform all other acts necessary or
incidental to carrying out the functions and
purposes above set forth.
ARTICLE III: MEMBERS
There
shall be at least three (3) classes of members:
Regular, Associate, and Provider.
Section 1. Regular members: Any person, firm,
corporation, or group self-insurance association
authorized by law to act as an own risk carrier,
shall be eligible for regular membership with one vote
per member.
Section 2. Associate Member: Any individuals,
businesses, firms, partnerships, or corporations with a
deductible insurance program, shall be eligible for
an associate membership with one vote.
Section 3. Provider-nonvoting: Any individual, firm,
partnership, corporation, or other organization that
renders a service, provides assistance, counsels,
or otherwise helps self-insureds shall be eligible for
membership.
Section 4. The Board of Directors, by a majority vote,
shall have the authority to create such other classes of
membership as the Board deems appropriate.
Section 5. Dues: The annual dues or membership fees
and mode of payment shall be determined and established
by the Board of Directors.
Section 6. Term of Membership: Membership in this
organization shall be effective immediately upon the
acceptance of the application and the payment of
dues and shall continue until the end of that calendar
year, the member resigns, or is suspended. The
member may be suspended for nonpayment of dues.
Section 7. By a 2/3 majority vote of the Board members,
the Board may deny membership to any applicant without
cause.
ARTICLE IV: BOARD OF DIRECTORS
Section 1. There shall be a nine (9) member Board of
which at least six (6) will be representatives of
regular members.
Section 2. Duties: It shall be the duty of the members
of the Board of Directors to elect the officers of the
organization, to approve the compensation of the
officers, set the budget of the organization, set the
policy for the organization, and generally supervise the
overall functioning of the group.
Section 3. Directors: The directors shall be elected
by the membership. Each director shall serve a term of
three (3) years beginning January 1, except that
the initial Board shall consist of three (3) members to
serve three (3) years, three (3) members to serve
two (2) years, and three (3) members to serve one (1)
year.
Section 4. Qualifications: No person shall stand for
election to the Board of Directors except such
individual that meets the following
qualifications:
a. Be a Regular, Associate or Provider member in
good standing, including currently paid annual dues.
b. Be nominated by a member in good standing.
c. In the event that a sitting board member becomes
ineligible to serve under their classification, said
member shall have
90 days to become eligible or tender their
resignation to the Board.
Section 5. Vacancy: Any vacancy on the Board shall be
filled by majority action of the remaining directors.
The filled position shall be for only the
remainder of the term until the regular election is
held. At the regular election the interim individual
shall have their name placed as a candidate on the
election ballot to be considered by the membership if so
desired by that member.
ARTICLE V:COMMITTEES
Section 1. The Executive Committee shall consist of the
officers and the executive director.
Section 2. The Board shall have the power and authority
to create and eliminate committees as it deems proper.
ARTICLE VI: OFFICERS
Section 1. Officers: The officers of this organization
shall be the President, Vice President and
Secretary/Treasurer. The President of the
organization, by virtue of the office, shall be the
chairperson of the Board of Directors.
Section 2. The President of the Board of Directors
shall be the chief elected officer and shall preside at
the meeting of the Board of Directors, provide
leadership and perform such other duties as may be
assigned by the Board.
Section 3. The Vice President shall in the absence
or incapacity of the President act and perform the
duties hereinbefore required of the President.
Section 4. The Secretary/Treasurer shall keep, or cause
to be kept, the books and records of the organization,
including the minutes of the meetings of the Board
of Directors, and shall perform the duties usually
pertaining to the office and shall render an annual
accounting for all of the funds of the
organization each year.
Section 5. Salaries: The Board of Directors shall hire
and fix the compensation of any and all employees or
contractors to perform the executive operations
function that they, in their discretion, may determine
to be necessary to conduct the business of the organization.
ARTICLE VII: MEETINGS
Section 1. The fiscal year of this organization shall
be from January 1 through December 31.
Section 2. The annual meeting of the organization shall
be held annually as determined by the Board of
Directors.
Section 3. At the annual or any specially called
meeting of the membership, a majority of those in
attendance shall constitute a quorum.
ARTICLE VIII
The
adoption of these Bylaws shall repeal and eliminate all
prior Bylaws.
ARTICLE IX
The
Bylaws may be amended by the majority vote of the voting
members of the organization present at any meeting, or
by 2/3 majority of the Board of Directors and the
Executive Committee in joint session.
Bylaws
amended by a 2/3 majority of the Board of Directors July
22, 2008. A copy of the bylaws with all amendments and
deletions will be submitted and held by the Executive
Director. |
