Maryland-China Business Council, Inc.
By-laws Amendment 
Special Meeting
September 17, 2003

A Special Meeting of the general membership of MCBC will be held in conjunction with the September 17, 2003, monthly meeting to vote on the following resolution:

Resolution to Expand the Board of Directors

RESOLVED, that Article IV, Section 2, of the By-laws of Incorporation of the Maryland-China Business Council, Inc., be amended by replacing the stricken words below with the words in brackets:

Section 2.  Number/Composition:  The Board shall be composed of no more than fifteen (15) [seventeen (17)] persons and no less than five (5) persons.  The specific number of Directors shall be determined from time to time by the Board.

Under Article XII, Section 1, this amendment will take effect if approved by a two-thirds (2/3) vote of the Board of Directors, subject to approval of a majority of the Members constituting a quorum at the annual meeting, or at a special meeting of the Membership called by the Board of Directors for such purpose.

Two-thirds (2/3) of the Board having approved the resolution at its meeting of June 17, 2003, the resolution is hereby submitted to the membership.

 Notes on MCBC Voting Process:

1)      Only one vote per membership
2)      Only paid members for 2003 may vote
3)      Acceptance is by simple majority of eligible voting members present
4)   One-fourth of the eligible voters must be present in order for there to be a quorum