Monday smile – The end of the world continued

As a postlude* to last week’s Monday smile, I offer you the Reno Cooperative Housing Bulletin of 2012. The year is relevant.

2012 end of the World: Is your co-op legally prepared?

Editor’s note: Many people have said the ancient Mayan calendar predicts the end of the world because its last day corresponds to December 12, 2012 (12/12/12). In the interest of survival of the co-op, attorney Steven Marcus has drafted this model bylaw amendment. As of press time, HUD has neither approved nor disapproved this amendment. As always, consult with your counsel for legal advice.”

“Upon the occurrence of the end of the world before full payment and performance of the Notes and Drafts, the Notes and Drafts, at the option of the Required Banks, will become immediately due and payable in full and may be enforced against the Company by any available terrestrial, extra terrestrial or spiritual procedure. For remedial purposes and for purposes of determining the relative equities of the parties, the Company, by virtue of its attorneys, will be deemed to be aligned with the forces of light, and the Banks and their attorneys will be deemed to be aligned with the forces of darkness, regardless of actual ultimate terrestrial, extra terrestrial or spiritual destinations of the Company or the Bank or any of their particular officers (including the Treasurer and the Vice President-Finance).”

I just love the Banks as the forces of darkness. Don’t you?

.

* On various kinds of “ludes”, see here. 🙂

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