(a) After the issuance of the certificate of incorporation, an organization meeting of the Board of Directors named in the articles of incorporation shall be held at the direction of a majority of the directors so named for the purpose of adopting bylaws, electing officers, and the transaction of such other business as may come before the meeting.

(b) The directors calling the meeting shall give at least twenty (20) days’ notice by mail to each director so named; which notice shall state the time and place of the meeting; provided, however, that if all the directors shall waive notice in writing and fix a time and place for said organization meeting, no notice shall be required for such meeting.

(c) An initial meeting of the members may be held at the call of a majority of the directors upon at least twenty (20) days’ notice, for such purposes as shall be stated in the notice of the meeting. [Res. 2011-32; 2008 Code § 9.3.2.5]