ARTICLE I – NAME
The name of this organization shall be the International Builders Exchange Executives (IBEE) (hereinafter known as the "the Organization."
ARTICLE II – PURPOSE
The Organization is intended to be a nonprofit business league that qualifies for exemption under Internal Revenue Code Section 501(c)(6) made up of members who are (1) construction industry associations or businesses that operate builders exchanges that produce construction news reports and/or operate a builders exchange plan room, and (2) executives of such associations or businesses.
Consistent with the applicable provisions of law, the aims and purposes of the Organization shall be to work together in accordance with the law for the mutual benefit of members of the Organization to promote and support the effectiveness of builders exchange operations, to improve the business methods, conditions and effectiveness of such builders exchange associations and businesses; to educate construction industry businesses and the public of the use and potential benefits of the use of builder exchange products and services; explore, research, and provide education about ideas and methods for enhancing the organizational management of builders exchange organizations and businesses, improve their industry services, and otherwise support the effectiveness of builders exchange operations.
The Organization is a trade association or business league primarily supported by membership dues and other income realized from activities substantially related to activities that qualify as exempt for purposes of Internal Revenue Code Section 501(c)(6). The Organization shall not be organized for profit or for purposes of engaging in any activity ordinarily carried on for profit. None of the net earnings shall inure to the individual benefit of any of the members. There shall be no capital stock.
ARTICLE III – MEMBERSHIP
Section 1. CLASSES OF MEMBERSHIP
There shall be four  classes of Membership: Executive Members; Corporate Members; Industry Affiliate Members and Honorary Members.
Section 2. MEMBERSHIP ELIGIBILITY
A. EXECUTIVE MEMBERS
An Executive Member is any individual who is (1) an active, full-time managing executive of a construction industry association or privately-owned company defined as a “Builders Exchange” and produces a construction news report and/or operates a plan room/electronic plan room, either physical or electronic; (2) who has applied for admission as Executive Member; (3) who has timely paid all required dues and fees; and (4) whose status as an Executive Member has been approved by the Board of Directors and otherwise has not been suspended or terminated pursuant to these Bylaws. Executive members can vote and are eligible to hold office. Publicly-held companies are not defined as “Builders Exchanges”, therefore Employees of publicly-held companies are not eligible for Executive Membership.
B. CORPORATE MEMBERS:
A Corporate Member is any construction industry association or privately-owned Company defined as a “Builders Exchange” which (1) produces a construction news report and/or operates a plan room either physical or electronic, (2) has applied for admission as Corporate Member, (3) has timely paid all required dues and fees; and (4) whose status as an Corporate Member has been approved by the Board of Directors and otherwise has not been suspended or terminated pursuant to these Bylaws. Corporate Members will be afforded the equivalent of three (3) Executive Member designees, who shall, when present, be entitled to exercise full voting privileges, and be entitled to serve on committees and hold office in the same manner as if they were Executive Members. Publicly-held companies are not defined as “Builders Exchanges” and are therefore not eligible for Corporate Membership.
C. INDUSTRY AFFILIATE MEMBER
An Industry Affiliate Member is a private or publicly-held company or construction-related association providing products and/or services to the construction industry, which (1) the Board of Director deems to be of benefit to members; (2) has applied for admission as Industry Affiliate Member, (3) has timely paid all required dues and fees; and (4) whose status as an Industry Affiliate Member has been approved by the Board of Directors and otherwise has not been suspended or terminated pursuant to these Bylaws. Industry Affiliate members may attend assembly meetings of the Organization upon request and approval of the Board of Directors, but are ineligible to vote and ineligible to hold office. Affiliate Membership does not confer endorsement or acceptance by the Organization of any product or service of any Affiliate Member; nor serve as a substitute for formal Agreement to offer said products and services to the Organization members.
D. HONORARY MEMBER The person nominated must be retired from a construction industry association or privately-owned company or no longer active in the operations of his or her organization. The individual should have been a figure of considerable stature in the industry and/or very active in Organization affairs, not merely in attendance at annual meeting conventions. The nomination must be endorsed by the Board of Directors and approved by two-¬thirds [2/3] majority vote of members present and voting at any annual or special meeting. Honorary members are not eligible to vote or hold office.
Section 3. APPLICATION/MEMBERSHIP Any individual or organization applying for admission to membership shall provide a fully completed application for membership to the headquarters of the Organization, along with payment for one (1) full year’s dues plus the applicable initiation fee.
All current members shall be sent a copy of the application for membership. Current members shall have thirty (30) days from the date of the letter providing the proposed member's application to file an official written protest with the Organization headquarters stating the reasons the current member is protesting the application.
All protested membership applications shall be held until the next Board of Directors Meeting and at that time the application and objections will be reviewed. Any applicant who has been objected to shall only be accepted into membership by a three-fourths [3/4] majority ruling of the Board of Directors present at the meeting.
Any potential member whose application has not been objected to by a current member within thirty  days shall become a member subject to the Board of Directors approving the membership by a simple majority vote at the next Board of Directors meeting.
All national/international associations and companies, including local chapters, are to be considered separate business entities and shall be granted no special benefits from other chapters or branch offices that may already be in membership.
Notice of acceptance, or rejection, shall be made by the President of the Organization in writing to the applicant within 90-120 days.
Section 4. TRANSFER OF MEMBERSHIP
Executive membership or Corporate Member Designees may be transferred to successor of the original member organization, without approval. Member organization must be in good standing with no outstanding financial or other obligations to the Organization in order for dues paid for the current Fiscal Year to be credited.
Section 5. RESIGNATION OF MEMBERSHIP
An Executive or Corporate member may resign from the Organization by providing written notice to the President of the Organization, and provided outstanding financial and other obligations to the Organization have been discharged. There will be no refunds.
In the case of a Corporate Member, the resignation must come from the full-time managing executive and automatically causes the resignation of the member designee from that corporate member. No vote of the Board of Directors is required.
Section 6. SUSPENSION OF MEMBERSHIP
Any member, who fails to pay dues within the renewal period established by the Board of Directors, shall automatically be suspended from membership, and subject to reinstatement fees as determined by the Board of Directors. A member may be suspended for cause by a two-thirds (2/3) majority vote of those present and voting at any meeting of the Organization.
Section 7. REINSTATEMENT OF MEMBERSHIP
Provided outstanding financial obligations to the Company have been discharged and suspension for the cause set aside, a member may be reinstated upon decision of the Board of Directors by a two-thirds (2/3) majority vote.
Section 8: REVOCATION OF MEMBERSHIP
Membership may be permanently revoked for cause by a two-thirds (2/3) majority vote of those present and voting at the annual meeting of the Organization. Causes for revocation include, but are not limited to, acting in a manner contrary to the Bylaws and/or policies of the Organization, willful misconduct, gross negligence, and/or acting in conflict with the Organization’s Code of Ethics.
ARTICLE IV – DUES
Section 1. EXECUTIVE MEMBERS
Each Executive Member shall be required to pay annual dues to maintain membership in the Organization. The amount and due date of such annual dues shall be determined by the Board of Directors in an amount set forth in U.S. Dollars by a two-thirds (2/3) majority vote. Dues shall be paid in U.S. or Canadian currency
Section 2. CORPORATE MEMBERS
Each Corporate Member shall be required to pay annual dues to maintain its membership in the Organization. The amount and due date of such annual dues shall be determined by the Board of Directors in an amount set forth in U.S. Dollars by a two-thirds (2/3) majority vote. Dues shall be paid in U.S. or Canadian currency. Corporate members shall also pay all other registration costs and fees in the same amount as required of Executive Members unless otherwise specified.
Section 3: INDUSTRY AFFILIATE MEMBER
Annual dues for Industry Affiliate Members shall be determined in an amount set forth in U.S. Dollars by the Board of Directors by a two-thirds (2/3) vote. Dues shall be paid in U.S. or Canadian dollars. Industry Affiliate Members shall also pay all other registration costs and fees in the same amount as required of Regular Executive Members unless otherwise specified.
Section 4: HONORARY MEMBERS
Annual dues shall be waived in perpetuity for Honorary Members in good standing, and no abridgment of the Organization services shall result. Registration and other fees associated with attendance at an annual meeting are expected, and shall be paid on same basis as required of active members.
ARTICLE V - FISCAL YEAR
The Fiscal Year of the Company the Organization shall be the 12-month period that ends on July 31.
ARTICLE VI - THE BOARD OF DIRECTORS
Section l. BOARD OF DIRECTORS
The Board of Directors shall consist of four (4) Officers, four (4) Directors, and the Immediate Past President.
Section 2. OFFICERS
Officers of the Company shall consist of President, Vice President, Secretary, and Treasurer, who shall be nominated and elected at the Annual Meeting of the Organization and shall all take office on the first day following their election and shall hold such office for one (1) year, or until their successors are elected. The Vice President shall automatically succeed to the Presidency.
Section 3. DIRECTORS Four (4) Directors shall be nominated and elected at the annual meeting of the Organization and shall take office on the first day following their election and hold such offices for one (1) year or until their successors are elected.
Section 4. PRESIDENT
The President shall assume the duty of general supervision of the affairs of the Organization and shall preside as Chair at all meetings of the Organization and the Board of Directors. The President shall conduct business in accordance with the Bylaws and such other rules and regulations as may from time to time be made by the Board of Directors. The President shall appoint such Committees as may be found necessary and may delegate such duties and powers to them as may be directed by the Board of Directors.
Section 5. VICE PRESIDENT
In the absence or incapacity of the President, it shall be the duty of the Vice President to assume the duties of the President. The Vice President together with the Treasurer shall review and prepare the annual Organization budget and present it to the Board of Directors as soon after the commencement of the new fiscal year as possible.
Section 6. SECRETARY
The Secretary shall supervise the making and keeping of all records and proceedings of the Organization by the Administrative Office including, but not limited to, correspondence, filings, minutes, and incorporating the approved changes into the By-laws and Policy Manual on a timely basis. In addition, the Secretary shall supervise all communications including applications for membership. In the absence of the Executive Director, the Secretary shall perform the duties as outlined above.
Section 7. TREASURER
The Treasurer, with the assistance of the Executive Director, shall propose the annual budget, ensure the collection, safe keeping, and expenditures of the Organization, and keeping of accurate records of such by the Administrative Office. Funds of the Organization shall be deposited in a financial institution approved by the Board of Directors.
Section 8. EXECUTIVE COMMITTEE
An Executive committee shall consist of the Officers of the Company and shall assume and perform such duties and responsibilities as may be delegated to it by the Board of Directors. The Board of Directors may delegate to the Executive Committee any or all of its powers as granted under the By-Laws, or as may be directed by the Membership.
Section 9. VACANCY ON THE BOARD OF DIRECTORS
In the event of a Board member vacancy, the remaining members of the Board of Directors of the Organization may appoint an interim Director or leave the vacated Board position unoccupied until the next regularly scheduled nomination and election of Directors.
Section 10. MEETINGS OF THE BOARD
The Board of Directors shall meet a minimum of two times a year, one defined as the mid-year, (normally scheduled in February) and the other being the annual meeting, (normally scheduled in June.) The Board of Directors may convene in person or by any technological means commonly accepted and available to the Board of Directors at the time of need, to further conduct the business of the Organization. A simple majority of members of the Board of Directors shall constitute a quorum. If the Board of Directors is solicited by mail, email, fax or telephone, a simple majority of responses from members of the Board of Directors shall constitute a quorum.
ARTICLE VII – COMMIITTEES
Section 1. NOMINATING COMMITTEE
The newly elected President at the annual meeting of the Organization shall appoint five  current or past directors of the Organization to the Nominating Committee whose duty it shall be to qualify and nominate candidates to fill all elective offices of the Organization. The candidates shall be chosen and presented to the Board of Directors at least (30) days prior to the annual meeting of the Organization.
ARTICLE VIII - HEADQUARTERS
Section 1. ADMINISTRATIVE OFFICE
The Organization shall establish and maintain a headquarters office known as the Admin¬istrative Office. The Administrative office shall be the repository of Organization records and the address of record of the Organization. The administrative title, description of his/her duties, and assigned work of the Administrative Office shall be the responsibility of the President and the Board of Directors.
ARTICLE IX - MEETINGS OF THE MEMBERSHIP
Section 1. ANNUAL MEETINGS
There shall be at least one (1) annual meeting of the Organization. to be held 3 – 8 weeks prior to the Organization fiscal year end.
Section 2. SPECIAL MEETINGS
The Board of Directors of the Organization may convene special meetings, subject to the quorum provisions in Article X, Section 1.
A written notice, stating the day, hour and place of a meeting of the members, and the general nature of the business, or agenda, to be transacted at such meetings, shall be given on behalf of the Organization by the Administrative Office to each member at least 45 days before the date of such meeting. This Notice may be delivered to the members by mail, fax, or email.
ARTICLE X – MEMBERSHIP VOTING
Section 1. MEMBERSHIP MEETING
At any annual or special meeting of the Organization, twenty (20) percent of the total Executive and Corporate membership in good standing shall constitute a quorum for the transaction of business. Each Executive and Corporate member present shall be entitled to one (1) vote only.
Section 2: PROXY VOTING
Members in good standing may vote by proxy by stating their position in writing on Company letterhead and granting written permission to a member in good standing to vote on their behalf. A Member’s proxy shall be in writing and revocable at the pleasure of the Board member executing it. The proxy shall be valid for a specific membership meeting only, specific by date(s) and location of said membership meeting.
Section 3. MAIL BALLOT
An Executive or Corporate member may request a mail ballot on any issue (other than a By-Law or Articles of Incorporation amendment) which that member feels to be of national or international concern. That member shall contact the President who shall be responsible for advising the Organization Officers. A majority of officers in agreement shall suffice to initiate a Mail Ballot on the issue in question. The President shall advise the Administrative Office of the issue in question and direct the appropriate ballots be distributed and mailed to all Executive and Corporate members. The issue in question shall be considered accepted or rejected when a majority of balloted members indicate accordingly. The President shall oversee that the Executive Vice-President takes action in keeping with the result of the balloting.
ARTICLE XI – AMENDMENTS
Section 1. AMENDING PROCEDURE
These By-Laws may be amended by a two-thirds (2/3) majority vote of Executive and Corporate Members voting at any annual or special meeting called and held for such purpose, provided members be notified as to time and place of meeting and advised in writing at least thirty (30) days prior to the annual or called meeting as to what provisions of the By-Laws or Articles of Incorporation shall be considered for amendment. The wording of the proposed amendment may be altered for purposes of clarification prior to voting.
ARTICLE XII – MISCELLANEOUS PROVISIONS
Section 1. UNAUTHORIZED ACTS & EX-MEMBER CLAIMS
The Organization shall not be liable for or assume the burden of any unauthorized act of a member, or ex-member. Upon termination of membership in the Organization, for any reason, ex-members shall cease to have any claim to, or interest in, any monies or property of the Organization, which shall remain free of all claims, rights, title or interest whatsoever by any such ex-member.
Section 2. DISSOLUTION OF THE COMPANY
Upon dissolution of the Organization, no monies or property shall accrue to any individual member or members of the Organization but shall be distributed to one or more associations or organizations similar in aims and objectives, or to recognized charitable institutions, or to such other entity, as determined by the Board of Directors.
Section 3. WHERE THE BY-LAWS ARE SILENT
Where the By-Laws are silent on procedural matters, decision shall be taken accordance with the most recent edition of Roberts Rules of Order; where silent on substantive matters, decision shall rest with the Board of Directors of the Organization.
Section 4. PROPERTY RIGHTS
All property rights and interests in the Organization shall be vested equally among the Executive and Corporate members upon dissolution of the Organization.
Section 5. ORGANIZATION PROPERTY
All Organization property, such as equipment, files, membership identification material in possession of a resigned or suspended member shall be returned by that member to the Administrative Office at once. Unreturned Organization property shall become part of the consideration in that member’s request for reinstatement.