Hi Andy,
    That explanation makes more sense. I thought that was the spirit of what the bylaws were trying to say. 

I'm not sure who is on the current Bylaw Committee or if one is standing but I would like to recommend a change to Article IV- C1b. It states "Nominations by the last nominating committee" .  I think that should be current nominating committee or  just nominating committee. Members of the last committee may not be the same as the current committee. Also to give Article IV- C1b a little more clarity, for me anyway, I'd recommend rewording it, something like this:

In case of a permanent absence of a President, the Vice President shall have the option of assuming the office of the President. [b:ha419anv]If the option is not taken, nominations will be taken by the Nominating Committee and an election shall be scheduled at the earliest possible time.[/b:ha419anv]
Thanks for taking time to clarify this for me.
Have a great day!
Myron KY