ARTICLE XVIII / Amendments
These regulations may be amended, or new regulations may be adopted, by a majority vote of the members of the Board of Directors present at any meeting thereof, or by a majority vote of all Directors by written mailed ballot or electronic ballot as permitted under §2.6 of these regulations; provided that a written notice of the proposed change and/or ballot shall be sent to each Director at least 15 days prior to the date of such meeting or the deadline for return of such mailed or electronic ballot, as the case may be. If ballots are mailed or electronically transmitted to the directors, a return ballot must be post marked or electronically sent prior to midnight on the deadline indicated for the return of such ballots in order to be counted.
When bylaws amendments are mandated by NAR policy, these bylaws may be automatically amended to reflect the mandate as of the effective date of the mandatory policy authorized by the National Association of REALTORS. The association shall provide notice of that change in a regular or special membership communication delivered by authorized communication methods.
Amendments to this Code of Regulations affecting the admission or qualifications of REALTOR Members, Associate Members, and Institute Affiliate Members, the use of the terms REALTOR, REALTORS or any alteration in the territorial jurisdiction of a Board shall become effective upon the approval of the Board of Directors of the National Association.