Many coy's have a proportional T/O bid clause inserted into...

  1. 1,759 Posts.
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    Many coy's have a proportional T/O bid clause inserted into their constitutions. The ones I have come across all have a 3 yr sunset clauses, so as a matter of procedure they need to be re-voted in to remain current.

    I don't see this as being unusual in this instance.
 
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