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TOCICO ByLaws

Theory of Constraints International Certification Organization

Constitution and Bylaws

Revision 17

25 September 2025

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TABLE OF CONTENTS

 

 

 

ARTICLE I - NAME AND PRINCIPAL OFFICE - 5
SECTION 1 - NAME  - 5
SECTION 2 - PRINCIPAL OFFICE - 5


ARTICLE II - PURPOSES, OBJECTIVES, DEFINITION -  5

SECTION 1 - PURPOSE  - 5
SECTION 2 - LIMITATIONS  - 6
SECTION 3 - POWERS  - 6


ARTICLE III - MEMBERSHIP- 6

SECTION 1 - MEMBERSHIP PROVISIONS  - 6
SECTION 2 - MEMBERSHIP CLASSES  - 7
SECTION 3 -SUSPENSION, EXPULSION, TERMINATION  - 8


ARTICLE IV - DUES, FEES, AND ASSESSMENTS - 8

SECTION 1 - DUES, FEES, AND ASSESSMENTS  - 8
SECTION 2 - DETERMINATION OF DUES, FEES AND ASSESSMENTS  - 9
SECTION 3 - FAILURE TO PAY  - 9


ARTICLE V – MEMBERSHIP MEETINGS - 9

SECTION 1 - ANNUAL MEETING OF MEMBERS - 9
SECTION 2 - SPECIAL MEETING OF MEMBERS - 9
SECTION 3 - QUORUM REQUIREMENTS - 10
SECTION 4 - VOTING PROCEDURES -  10
SECTION 5 - PROXY  - 10
SECTION 6 - MANNER OF ACTING  - 10
SECTION 7 - CONSENT IN LIEU OF MEETING  - 10
SECTION 8 - VOTING MEANS  - 10


ARTICLE VI - BOARD OF DIRECTORS 10

SECTION 1 - GENERAL  - 10
SECTION 2 - AUTHORITY  - 10
SECTION 3 - FUNCTIONS  - 11
SECTION 4 - DIRECTOR QUALIFICATIONS  - 11
SECTION 5 - NUMBER & TENURE  - 11
SECTION 6 – RESIGNATIONS 11
SECTION 7 – REMOVAL  - 11
SECTION 8 – VACANCIES  - 12
SECTION 9 - ELIGIBILITY  - 12
SECTION 10 - NOMINATIONS  - 12
SECTION 11 - ELECTION OF DIRECTORS  - 12
SECTION 12 - POWER OF THE BOARD  - 12
SECTION 13 - MEETINGS  - 13
SECTION 14 - QUORUM  - 13
SECTION 15 - SPECIAL NEED BOARD MEMBERS  - 13


ARTICLE VII - OFFICERS - 13

SECTION 1 - OFFICERS  - 13
SECTION 2 - ELECTION AND TERM OF OFFICE - 13
SECTION 3 – VACANCIES  - 14
SECTION 4 - REMOVAL  - 14
SECTION 5 - BALLOTING  - 14
SECTION 6 - CHAIRPERSON/PRESIDENT  - 14
SECTION 7 - CHAIRPERSON ELECT  - 14
SECTION 8 - SECRETARY  - 15
SECTION 9 - TREASURER - 15


ARTICLE VIII – COMMITTEES - 15

SECTION 1 - PURPOSE AND NAMES  - 15
SECTION 2 - APPOINTMENT AND TERM  - 15
SECTION 3 - RULES  - 15
SECTION 4 - REPORTING  - 16


ARTICLE IX – MISCELLANEOUS - 16

SECTION 1 -FISCAL YEAR  - 16
SECTION 2 - WAIVER OF NOTICE  - 16
SECTION 3 - BONDING  - 16
SECTION 4 - USE OF FUNDS AND DISSOLUTION  - 16
SECTION 5 - CONTRACTS, LOANS, PAYMENTS AND DEPOSITS  - 16
SECTION 6 - LIABILITY INSURANCE FOR THE CORPORATION AND
THE BOARD OF DIRECTORS  - 17

ARTICLE X – ALLIED & COOPERATIVE RELATIONSHIPS - 17

SECTION 1 - ESTABLISHMENT AND PURPOSES  - 17
 
ARTICLE XI – GOVERNANCE - 17

SECTION 1 - AUTHORIZATION TO ACT ON BEHALF OF THE CORPORATION  - 17
SECTION 2 - PARLIAMENTARY PROCEDURE  - 17
SECTION 3 - U.S. INTERNAL REVENUE CODE  - 17
SECTION 4 - SEVERABILITY  - 17
SECTION 5 - NOTICE  - 17
SECTION 6 - LANGUAGE  - 18

ARTICLE XII – FINANCE & BUDGETS - 18

SECTION 1 - ANNUAL BUDGET  - 18
SECTION 2 - ACCOUNTING  - 18
SECTION 3 - INDEPENDENT AUDITS  - 18
SECTION 4 - LIABILITIES  - 18
SECTION 5 - CONTRACTS  - 18
SECTION 6 - PROPERTY  - 18
SECTION 7 - CHECKS, DRAFTS, NOTES  - 18
SECTION 8 - BONDING  - 19

ARTICLE XIII – DISSOLUTION 19

SECTION 1 - DISPOSITION OF ASSETS  - 19

ARTICLE XIV – INDEMNIFICATION - 19

SECTION 1 - DETERMINATION OF PROPER INDEMNIFICATION  - 19
SECTION 2 - INDEMNIFICATION NOT EXCLUSIVE OF OTHER
RIGHTS/COURT DETERMINATIONS  - 20

ARTICLE XV – AMENDMENTS -  20

CERTIFICATE OF ADOPTION  - 20

ARTICLE XVI: ADOPTION OF BYLAWS -  20