Bylaws
THE GRAND MESA RESORT COMPANY BYLAWS
I
The name of the company shall be known as The Grand Mesa Resort Company (“Company”) of Delta County, Colorado.
II
The Company had 272 shares of active stock as of May 1, 1997. The Company shall not issue any new shares of stock as of this date.
1. A stockholder is a holder of a share of stock in the Company. A stockholder may be an individual, an entity, or a trust, provided, however, that if a stock- holder is an entity or a trust, it must act and vote
as further described in the following sections. Any individual stockholder shall not own or participate
in more than two percent (2%) of the active stock in any combination of the types described herein. These types include: primary ownership; joined ownership; trusts; partnerships; and corporations. A list of all principals of partnerships, all trustees of trusts, and all officers and/or directors of corporations is required for stock ownership and/or transfer for any type of multiple ownership. There must be one primary contact designated for each multiple ownership entity…
Policy & Procedures
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21 INTRODUCTION
22 THIS POLICY AND PROCEDURE MANUAL SETS FORTH THE POLICIES GOVERNING THE GRAND MESA
23 RESORT COMPANY. THESE GUIDELINES ARE WRITTEN THROUGH THE COMBINED EFFORT OF THE
24 BOARD OF DIRECTORS OF THE GMRC BOARD OF DIRECTORS AND THE GMRC COMPANY MANAGER.
25 THIS POLICY AND PROCEDURE MANUAL WILL NEVER SUPERCEDE THE GRAND MESA RESORT COMPANY
26 BYLAWS.
27 THE VISION STATEMENT OF THE COMPANY IS: A PRIVATELY OWNED COMMUNITY IN A RURAL AREA
28 SURROUNDED BY NATIONAL FOREST, COMMITTED TO THE PRESERVATION OF NATURAL…