§ 34-08-370

(a) The bylaws of the association must provide (1) for the number of the members of the executive board and for the titles of the officers of the association; (2) for the election by the executive board of a president, treasurer, secretary, and other officers of the association specified by the bylaws; (3) for the qualifications, powers and duties, terms of office, and manner of electing and removing executive board members and officers and filling vacancies; (4) which, if any, of its powers the executive board or officers may delegate to other persons or to a managing agent; (5) which of its officers may prepare, execute, certify, and record amendments to the declaration on behalf of the association; and (6) for a method of amending the bylaws. (b) Subject to the provisions of the declaration, the bylaws may provide for any other matters the association considers necessary and appropriate.