NEAIFI BY LAWS

ARTICLE I

SECTION I-NAME

The organization shall be known as:

NEW ENGLAND ASSOCIATION OF INSURANCE FRAUD INVESTIGATORS

ARTICLE n

SECTION I - MISSION STATEMENT

1.        To promote a coordinated effort to combat insurance fraud

2.        To develop and provide greater awareness programs to the insurance industry.

3.        To promote high professional standards within the industry and Association.

4.        To support proposed and current legislation that deters insurance fraud. ARTICLE HI SECTION I - GENERAL MEMBERSHIP

The Board of Directors shall have full authority to refuse, revoke or cancel any membership including, but not limited to, the following;

Anyone that does not fit the definition of member as defined by the

current by-laws.

Anyone whose duties changes and fall outside the requirements.

Anyone whom the Board of Directors by majority vote of all board

members present at a regularly scheduled board meeting deems unfit as a

member or who foils to carry out or comply with the goals, objectives and

mission statement of the association.

Refusal, revocation and cancellation shall only be determined by majority

vote of all board members present at a regularly scheduled board meeting

provided that there be no less than (5) board members present when the

vote is taken.

General Membership, hereinafter referred to as "Members" or "Membership" shall be granted at the discretion of the Board of Directors and shall require sponsorship by at least one active member.

Membership shall include individuals employed to investigate or assist in the investigation of insurance fraud and arson, and shall be limited to the following:

1.         Full-time Special Investigations unit employee.

2.        Any employee of the National Insurance Crime Bureau, Insurance Fraud Bureau of Massachusetts, and Commonwealth Automobile Reinsurers.

3.         Any full-time employee of a Federal, State or Municipal law enforcement or fire agency.

ARTICLE IV

SECTION I - OFFICERS AND DIRECTORS

Officers of the Association shall consist of the following:

1.        President

2.        Vice President 1.         Secretary/Treasurer SECTION II - BOARD OF DIRECTORS

Board of Directors of the Association shall consist of seven (7) members of the Association and the three (3) elected Officers.

SECTION III - TERM OF OFFICE

The term of office for Officers and Directors of the Association shall be one (1) year, but not exceeding two (2) consecutive terms, to be elected from the Association membership.

SECTION IV - ELECTIONS

All Officers and Directors of the Association shall be elected at the April Annual Meeting of the Association.

SECTION V - VACANCIES

Any vacancy occurring during the calendar year shall be filled by appointment of the President of the Association for the duration of the unexpired term.

Should a vacancy for the office of President occur during the calendar year, the Vice President shall assume the duties and responsibilities of that office for the duration of the unexpired term.

ARTICLE V

SECTION I - DUTIES AND POWERS OF OFFICERS

1.        President: The President shall preside at all meetings and coordinate

activities of the Association. He shall appoint all committees as necessary to facilitate the purpose and objectives of the Association. He shall be a member of the Board of Directors. He shall remain a member of the Board of Directors for one (1) year subsequent to the expiration of his term in office.

2.         Vice President: The Vice President shall preside in absence of the President. He shall be a member of the Board of Directors.

3.         Secretary/Treasurer: The Secretary/Treasurer shall keep all records and minutes of all Association meetings, maintain a roster of current membership, and be responsible for all correspondence of the Association. He shall be sole custodian of all funds of the Association. He shall keep accurate records pertaining to all funds of the Association and shall be authorized to collect and disburse funds at the direction of the Officers and Board of Directors. He shall be a member of the Board of Directors. The Secretary/Treasurer will also be responsible to file a complete and accurate report of the financial status of the association at the Annual Election Meeting.

4.         The Secretary/Treasurer shall be compensated annually for the proper discharge of his duties, the amount to be determined annually by the Board of Directors.

SECTION II - DUTIES AND POWERS OF BOARD OF DIRECTORS

The Board of Directors shall have full authority to initiate and transact all business of the Association. The Board of Directors shall determine the time and location of all Association meetings. The Board of Directors shall direct, control, and supervise all affairs of the Association, and shall have power to authorize any expenditure of the Association not exceeding five hundred dollars ($500.00).

Any capital expenditure exceeding five hundred dollars ($500.00) shall be presented to the Association membership for approval.

A simply majority of the Board of Directors shall constitute a quorum.

ARTICLE VI

SECTION I - MEETINGS

The Association shall hold a minimum of six (6) meetings during the calendar year. The membership shall be notified at least fifteen (15) days in advance of said meeting, including the time, place, and agenda for said meeting.

The President shall, should the need arise, call a special meeting of the Board of Directors or the Association membership, and shall allow ample time for notification as to time, place and purpose for said meeting.

At least fifteen (15) active members of the Association must be present to constitute a quorum at any general meeting.

SECTION II-VOTING

Only active members of the Association shall vote on any matter before the Association. Proxy votes shall be considered void.

ARTICLE VII

SECTION I - DUES AND FEES

Dues and fees for the Association shall be determined by the Board of Directors prior to the Annual Meeting. Association members shall be notified at least thirty (30) days prior to the Annual Meeting and shall be required to remit said dues/fees within thirty (30) days.

The Board of Directors shall have the power to authorize additional dues/fees in any calendar year, should the need arise, if approved by a majority vote of the Association membership.

Any member who fails to remit Association dues/fees upon written request of the Secretary or Treasurer within thirty (30) days shall be dropped as an active member from the Association roster. This shall nullify all privileges of the Association.

Any member who has not renewed their membership, after said notice, shall be considered a guest.

Guests are welcomed to attend open meetings only. All guests must be sponsored by an active NEAIFI member. Guests will be required to pay a $5.00 fee for each meeting attended. Invited guests should meet a profile consistent with the goals, objectives and mission statement of the Association. For example: employees of insurance companies, law enforcement, fire personnel, defense attorneys, independent vendors or other