Restrictive Covenants & By-laws

Governing the operation of the Association.

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ARTICLE I - DEFINITIONS
1.01 Definitions:
The following words and terms, as used in the By-Laws of the Lake Wildwood Association, Inc., an Illinois not-for-profit corporation, shall unless the context shall otherwise require, mean and be defined as:

Corporation:
The aforesaid corporation. Said term may be used interchangeably with the term, “Association”.

Member:
Any person or corporation who has an interest as an owner in real estate situated in the Lake Wildwood Development, Marshall County, Illinois, and that is recognized by the Association has having voting and membership privileges. The term shall also include those who may, by action of the Board of Directors of this Association, under the By-Laws hereof, providing therefore, be designated as Associate Members.

Directors:
The duly constituted members of the Board of Directors of the Corporation.

Registered Office:
That office maintained by the Corporation in this State and the address of which is on file with the Secretary of State of the State of Illinois.

Certificate of Membership:
A written instrument signed by the designated officers evidencing that the person or persons named therein is a member in good standing for the current year.