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This excerpt taken from the GNLB 8-K filed Jan 29, 2007. Exercise of Corporate Powers. Except as otherwise provided by these Bylaws, by the Articles of Incorporation of this corporation or by the laws of the State of California now or hereafter in force, the business and affairs of this corporation shall be managed and all corporate powers shall be exercised by or under the ultimate direction of a board of directors (the Board of Directors).
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