Page 2 - Kings Point Property Owners Association - 2012 By-Laws

Section 7. "Member" shall mean and refer to those persons entitled to membership as
provided in the Declarations.

ARTICLE III
MEETING OF MEMBERS

Section 1. Annual Meeting. The first annual meeting of the members shall be held within

one year from the date of incorporation of the Association, and each subsequent regular annual
meeting of the members shall be held on any Saturday or Sunday of November of each year
thereafter. The date, place, and time for the regular annual meeting will be set by a majority of
the Board ofDirectors.

Section 2. Special Meetings. Special meetings of the members may be called at any time
by the president or by the Board of Directors, or upon written request of the members who are
entitled to vote twenty-five per cent (25%) of all of the votes of the membership. The date, place,
and time for any special meeting will be set by a majority ofthe Board of Directors.

Section 3. Notice of Apnual and Special Meetings. Notice of each meeting of the
members shall be given by, or at the direction of, the secretary or person authorized to call the
meeting to each member entitled to vote in accordance with applicable law. Such notice shall
specify the place, day, and hour of the meeting, and, in the case of a special meeting, the purpose
of the meeting.

Section 4. Quorum. The presence at the meeting of members entitled to cast, or of proxies
entitled to cast, one-third (113) of the total membership votes shall constitute a quorum for any
action except as otherwise provided in the Articles of Incorporation, the Declaration, or these
By-laws. If, however, such quorum shall not be present or represented at any meeting, the
members entitled to vote shall have power to adjourn the meeting from time to time, without
notice other than announcement at the meeting, until a quorum is present or is represented.

Section 5. Voting. At all meetings of members, each member may vote in person, by
proxy, by absentee ballot, or by electronic ballot as allowed by the Texas Property Code or by
any other method permitted by applicable law. All proxies shall be in writing and filed with the
secretary. Every proxy shall be revocable and shall automatically cease upon conveyance by the
member ofhis or her Lot or as otherwise stated in the proxy.

A recount of votes for an election held by the Association will be allowed in accordance
with applicable law.

ARTICLE IV

BOARD OF DIRECTORS, SELECTION, TERM OF OFFICE

Section 1. Number. The affairs of this Association shall be managed by a Board of five
(5) directors, who shall be members of the Association. The number of directors may be
increased from time to time by amendment to these By-laws. Any directorship to be filled by
reason of any increase in the number of directors shall be filled by election at an annual meeting
or at a special meeting of the members called for that purpose.

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