It is very important for each member to attend the annual meeting held each year. The annual meeting of the members is to elect board directors, hear reports covering the previous fiscal year, and transacting such other business as may come before the meeting. The annual meeting shall be held between August 1st and December 1st of each year at such place in one of the counties in Texas within which the Cooperative serves. The meeting place will be centrally located and easily accessible to entire membership of the Cooperative. The date and time of the annual meeting shall be fixed by the Board of Directors.