Skip to main content

Filling of Vacancies

Intentionally Deleted
Sec. 7. Intentionally Deleted
Amended by SR-NASD-2007-023 eff. July 30, 2007.
Amended by SR-NASD-2001-06 eff. May. 8, 2001.
Amended by SR-NASD-97-71 eff. Jan. 15, 1998.
Amended by SR-NASD-96-20 eff. July 11, 1996.

Powers and Authority of Board

Sec. 1.  (a) The Board shall be the governing body of the Corporation and, except as otherwise provided by applicable law, the Restated Certificate of Incorporation, or these By-Laws, shall be vested with all powers necessary for the management and administration of the affairs of the Corporation and the promotion of the Corporation's welfare, objects, and purposes.

Delegation

Sec. 5.  The Corporation may delegate its authority under this Article in a manner not inconsistent with the Delegation Plan.
Amended by SR-NASD-2007-023 eff. July 30, 2007.
Adopted by SR-NASD-97-71 eff. Jan. 15, 1998.