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SECURITIES AND EXCHANGE COMMISSION</font></div>
      <div style="LINE-HEIGHT: 11.4pt; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">WASHINGTON,
D.C. 20549</font></div>
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8-K</font></div>
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      <div style="LINE-HEIGHT: 11.4pt; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">CURRENT
REPORT</font></div>
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to Section 13 or 15(d) of the Securities Exchange Act of
1934/Voluntarily</font></div>
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      <div style="LINE-HEIGHT: 11.4pt; TEXT-INDENT: 0pt; DISPLAY: block"><br></div>
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Report (Date of Earliest Event Reported):&#160;March 17, 2010&#160;(March 3,
2010)</font><br>&#160;</div>
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OIL &amp; GAS, INC.</font></div>
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Name of Registrant as Specified in Charter)</font></div>
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Other Jurisdiction of</font></div>
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or Organization)</font></div>
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      File Number)</font></div>
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      Employer Identification No.)</font></div>
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      <div style="LINE-HEIGHT: 11.4pt; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">Aztec
Oil &amp; Gas, Inc.</font></div>
      <div style="LINE-HEIGHT: 11.4pt; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">One
Riverway, Suite 1700</font></div>
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Texas 77056</font></div>
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of principal executive offices including zip code)</font></div>
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840-6444</font></div>
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telephone number, including area code)</font></div>
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      <div style="LINE-HEIGHT: 11.4pt; TEXT-INDENT: 0pt; DISPLAY: block"><br>&#160;</div>
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            <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
            <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">ITEM
5.03 - Amendments to By Laws</font></div>
            <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
          </div>
          <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">On March
3, 2010 Aztec Oil &amp; Gas, Inc. amended the Company By Laws to read as
follows:</font></div><br></div>
        <div style="TEXT-INDENT: 0pt; DISPLAY: block"><br></div>
        <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">SIGNATURES</font></div>
        <div style="TEXT-INDENT: 0pt; DISPLAY: block"><br></div>
        <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt"><font id="TAB1" style="MARGIN-LEFT: 36pt"></font>Pursuant to the requirements of the
Securities Exchange Act of 1934/voluntarily, the registrant has duly caused this
report to be signed on its behalf by the undersigned hereunto duly
authorized.</font></div>
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        <div style="TEXT-INDENT: 0pt; DISPLAY: block"><br></div>
        <div style="TEXT-INDENT: 0pt; DISPLAY: block"><br></div>
        <div>
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      </font></td>
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                  <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">AZTEC
      OIL &amp; GAS, INC.</font></div>
                </td>
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                <td valign="top" width="40%"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&#160;
      </font></td>
                <td valign="top" width="40%"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&#160;
      </font></td>
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                  <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">Date:
      March 17,&#160;2010</font></div>
                </td>
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                  <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">By:<font style="FONT-STYLE: italic; DISPLAY: inline; TEXT-DECORATION: underline">&#160;&#160;//s//&#160;Waylan
      R. Johnson&#160;&#160;&#160;&#160;&#160;&#160; </font></font></div>
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                <td valign="top" width="40%"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&#160;
      </font></td>
                <td align="left" valign="top" width="40%">
                  <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&#160;Waylan
      R. Johnson, President</font></div>
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        <div style="TEXT-INDENT: 0pt; DISPLAY: block"><br>&#160;</div>
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</font></div>
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</font></div>
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</font></div>
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      </div>
      <div style="LINE-HEIGHT: 11.4pt; TEXT-INDENT: 0pt; DISPLAY: block">
        <div style="TEXT-INDENT: 0pt; DISPLAY: block"><br></div>
        <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">AZTEC
OIL &amp; GAS, INC.</font></div>
        <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">(a
Nevada Corporation)</font></div>
        <div style="TEXT-INDENT: 0pt; DISPLAY: block"><br></div>
        <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">AMENDED
BY-LAWS</font></div>
        <div style="TEXT-INDENT: 0pt; DISPLAY: block"><br></div>
        <div style="TEXT-INDENT: 0pt; DISPLAY: block"><br></div>
        <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">ARTICLE
I</font></div>
        <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">STOCKHOLDERS</font></div>
        <div style="TEXT-INDENT: 0pt; DISPLAY: block"><br></div>
        <div style="TEXT-INDENT: 0pt; DISPLAY: block"><br></div>
        <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold"><font id="TAB1" style="MARGIN-LEFT: 36pt"></font>Section 1.1&#160;&#160;Annual
Meeting.</font></div>
        <div style="TEXT-INDENT: 0pt; DISPLAY: block"><br></div>
        <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt"><font id="TAB1" style="MARGIN-LEFT: 36pt"></font>A meeting of stockholders for the
purpose of electing directors and of transacting such other business as may come
before it shall be held either annually or, alternatively, non-annually at any
such date, time, and place, either within or without the State of Nevada, as may
be specified by the Board of Directors.</font></div>
        <div style="TEXT-INDENT: 0pt; DISPLAY: block"><br></div>
        <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold"><font id="TAB1" style="MARGIN-LEFT: 36pt"></font>Section 1.2&#160;&#160;Special
Meetings.</font></div>
        <div style="TEXT-INDENT: 0pt; DISPLAY: block"><br></div>
        <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt"><font id="TAB1" style="MARGIN-LEFT: 36pt"></font>Special meetings of stockholders for
any purpose or purposes may be held at any time upon call of the Chairman of the
Board, if any, the President or a majority of the Board of Directors, at such
time and place whether within or without the State of Nevada as may be stated in
the notice.&#160;&#160;A special meeting of stockholders shall be called by the
Chairman of the Board, if any, or President upon the written request, stating
time, place, and the purpose or purposes of the meeting, of stockholders who
together own of record a minimum of twenty five percent of all the outstanding
stock of all classes entitled to vote at such meeting.</font></div>
        <div style="TEXT-INDENT: 0pt; DISPLAY: block"><br></div>
        <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold"><font id="TAB1" style="MARGIN-LEFT: 36pt"></font>Section 1.3&#160;&#160;Notice of
Meetings.</font></div>
        <div style="TEXT-INDENT: 0pt; DISPLAY: block"><br></div>
        <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt"><font id="TAB1" style="MARGIN-LEFT: 36pt"></font>Written notice of stockholders
meetings, stating the place, date, and hour thereof, and, in the case of special
meeting, the purpose or purposes for which the meeting is called, shall be given
by the Chairman of the Board, if any, the President, any Vice President, the
Secretary, or an Assistant Secretary, to each stockholder entitled to vote
thereat at least five calendar days but not more than sixty calendar days before
the date of the meeting, unless a different period is prescribed by
law.</font></div>
        <div style="TEXT-INDENT: 0pt; DISPLAY: block"><br></div>
        <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold"><font id="TAB1" style="MARGIN-LEFT: 36pt"></font>Section
1.4&#160;&#160;Quorum.</font></div>
        <div style="TEXT-INDENT: 0pt; DISPLAY: block"><br></div>
        <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt"><font id="TAB1" style="MARGIN-LEFT: 36pt"></font>Except as otherwise provided by law or
in the Certificate of Incorporation or these By-Laws, at any meeting of
stockholders, the holders of twenty-five percent of the total outstanding shares
entitled to vote at the meeting shall be present or represented by proxy in
order to constitute a quorum for the transaction of any business.&#160;&#160;In
the absence of a quorum, a majority interest of the stockholders present who are
entitled at the time to vote or the chairman of the meeting may adjourn the
meeting from time to time in the manner provided in Section 1.5 of these By-Laws
until a quorum shall attend.</font></div>
        <div style="TEXT-INDENT: 0pt; DISPLAY: block"><br></div>
        <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold"><font id="TAB1" style="MARGIN-LEFT: 36pt"></font>Section
1.5&#160;&#160;Adjournment.</font></div>
        <div style="TEXT-INDENT: 0pt; DISPLAY: block"><br></div>
        <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt"><font id="TAB1" style="MARGIN-LEFT: 36pt"></font>Any meeting of stockholders, annual or
special at which a Quorum, per Section 1.4 above, is present, may adjourn from
time to time to reconvene at the same or some other place, and notice need not
be given of any such adjourned meeting if the time and place thereof are
announced at the meeting at which the adjournment is taken.&#160;&#160;At the
adjourned meeting, the Corporation may transact any business which might have
been transacted at the original meeting.&#160;&#160;If the adjournment is for
more than thirty days, or if after the adjournment a new shareholder of record
date is fixed for the adjourned meeting, a notice of the adjourned meeting shall
be given to each stockholder of record entitled to vote at the
meeting.</font></div>
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        <div style="TEXT-INDENT: 0pt; DISPLAY: block"><br></div>
        <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold"><font id="TAB1" style="MARGIN-LEFT: 36pt"></font>Section
1.6&#160;&#160;Organization.</font></div>
        <div style="TEXT-INDENT: 0pt; DISPLAY: block"><br></div>
        <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt"><font id="TAB1" style="MARGIN-LEFT: 36pt"></font>The Chairman of the Board, if any, or
in his absence the President, or in their absence any Vice President, shall call
to order meetings of stockholders and shall act as chairman of such
meetings.&#160;&#160;The Board of Directors or, if the Board fails to act, the
stockholders may appoint any stockholder, director, or officer of the
Corporation to act as chairman of any meeting in the absence of the Chairman of
the Board, the President, and all Vice Presidents.</font></div>
        <div style="TEXT-INDENT: 0pt; DISPLAY: block"><br></div>
        <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt"><font id="TAB1" style="MARGIN-LEFT: 36pt"></font>The Secretary of the Corporation shall
act as secretary of all meetings of stockholders, but, in the absence of the
Secretary, the chairman of the meeting may appoint any other person to act as
secretary of the meeting.</font></div>
        <div style="TEXT-INDENT: 0pt; DISPLAY: block"><br></div>
        <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold"><font id="TAB1" style="MARGIN-LEFT: 36pt"></font>Section
1.7&#160;&#160;Voting.</font></div>
        <div style="TEXT-INDENT: 0pt; DISPLAY: block"><br></div>
        <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt"><font id="TAB1" style="MARGIN-LEFT: 36pt"></font>Except as otherwise provided by law or
in the Certificate of Incorporation or these By-Laws and except for the election
of directors, at any meeting duly called and held at which a quorum is present,
a majority of the votes cast at such meeting upon a given question by the
holders of outstanding shares of stock of all classes of stock of the
Corporation entitled to vote thereon who are present in person or by proxy shall
decide such question.&#160;&#160;At any meeting duly called and held for the
election of directors at which a quorum is present, directors shall be elected
by a plurality of the votes cast by the holders (acting as such) of shares of
stock of the Corporation entitled to elect such directors.</font></div>
        <div style="TEXT-INDENT: 0pt; DISPLAY: block"><br></div>
        <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold"><font id="TAB1" style="MARGIN-LEFT: 36pt"></font>Section 1.8&#160;&#160;Action Without
Meeting.</font></div>
        <div style="TEXT-INDENT: 0pt; DISPLAY: block"><br></div>
        <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt"><font id="TAB1" style="MARGIN-LEFT: 36pt"></font>Nothing contained in these By-Laws
shall be deemed to restrict the power of the stockholders to take any action
required or permitted to be taken by them without a meeting.</font></div>
        <div style="TEXT-INDENT: 0pt; DISPLAY: block"><br></div>
        <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold"><font id="TAB1" style="MARGIN-LEFT: 36pt"></font>Section 1.9&#160;&#160;Telephone
Meetings.</font></div>
        <div style="TEXT-INDENT: 0pt; DISPLAY: block"><br></div>
        <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt"><font id="TAB1" style="MARGIN-LEFT: 36pt"></font>Nothing contained in these By-Laws
shall be deemed to restrict the power of the stockholders to participate in a
meeting of the shareholders, or committee, by means of conference telephone or
similar communications equipment by means of which all persons participating in
the meeting can hear each other.</font></div>
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        <div style="TEXT-INDENT: 0pt; DISPLAY: block"><br></div>
        <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">ARTICLE
II</font></div>
        <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">BOARD
OF DIRECTORS</font></div>
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        <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold"><font id="TAB1" style="MARGIN-LEFT: 36pt"></font>Section 2.1&#160;&#160;Number and Term
of Office.</font></div>
        <div style="TEXT-INDENT: 0pt; DISPLAY: block"><br></div>
        <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt"><font id="TAB1" style="MARGIN-LEFT: 36pt"></font>The business, property, and affairs of
the Corporation shall be managed by or under the direction of a Board of
Directors.&#160;&#160;The directors shall be elected by the holders of the
shares entitled to vote thereon at any annual, non-annual, or special meeting of
stockholders, and each shall serve (subject to the provisions of Article IV)
until his respective successor has been elected and qualified or he is removed
from office as provided under these By-Laws or the Articles of Incorporation.
The number of directors is presently set at 4 but may be increased or decreased
by a vote of the shareholders as provided in Article I of these
By-Laws.</font></div>
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        <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold"><font id="TAB1" style="MARGIN-LEFT: 36pt"></font>Section 2.2&#160;&#160;Chairman of the
Board.</font></div>
        <div style="TEXT-INDENT: 0pt; DISPLAY: block"><br></div>
        <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt"><font id="TAB1" style="MARGIN-LEFT: 36pt"></font>The directors may elect one of their
members to be Chairman of the Board of Directors.&#160;&#160;The Chairman shall
be subject to the control of and may be removed by the Board of
Directors.&#160;&#160;He shall perform such duties as may from time to time be
assigned to him by the Board.</font></div>
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        <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold"><font id="TAB1" style="MARGIN-LEFT: 36pt"></font>Section
2.3&#160;&#160;Meetings.</font></div>
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        <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt"><font id="TAB1" style="MARGIN-LEFT: 36pt"></font>The annual meeting of the Board of
Directors, for the election of officers and the transaction of such other
business as may come before the meeting, shall be held without notice at the
same place as, and immediately following, any annual, non-annual or special
meeting of the stockholders.</font></div>
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        <div style="TEXT-INDENT: 0pt; DISPLAY: block"><br></div>
        <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt"><font id="TAB1" style="MARGIN-LEFT: 36pt"></font>Regular meetings of the Board of
Directors may be held without notice at such time and place as shall from time
to time be determined by the Board.</font></div>
        <div style="TEXT-INDENT: 0pt; DISPLAY: block"><br></div>
        <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt"><font id="TAB1" style="MARGIN-LEFT: 36pt"></font>Special meetings of the Board of
Directors shall be held at such time and place as shall be designated in the
notice of the meeting whenever called by the Chairman of the Board, if any, the
President, or by a majority of the directors then in office.</font></div>
        <div style="TEXT-INDENT: 0pt; DISPLAY: block"><br></div>
        <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold"><font id="TAB1" style="MARGIN-LEFT: 36pt"></font>Section 2.4&#160;&#160;Notice of
Special Meetings.</font></div>
        <div style="TEXT-INDENT: 0pt; DISPLAY: block"><br></div>
        <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt"><font id="TAB1" style="MARGIN-LEFT: 36pt"></font>The Secretary, or in his absence any
other officer of the Corporation, shall give each director notice of the time
and place of holding of special meetings of the Board of Directors by mail at
least three days before the meeting, or by telegram, cable, radiogram, or
personal service at least one day before the meeting.&#160;&#160;Unless
otherwise sated in the notice thereof, any and all business may be transacted at
any meeting without specification of such business in the notice.</font></div>
        <div style="TEXT-INDENT: 0pt; DISPLAY: block"><br></div>
        <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold"><font id="TAB1" style="MARGIN-LEFT: 36pt"></font>Section 2.5&#160;&#160;Quorum and
Organization of Meetings.</font></div>
        <div style="TEXT-INDENT: 0pt; DISPLAY: block"><br></div>
        <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt"><font id="TAB1" style="MARGIN-LEFT: 36pt"></font>A majority of the total number of
members of the Board of Directors as constituted from time to time shall
constitute a quorum for the transaction of business, but, if at any meeting of
the Board of Directors (whether or not adjourned from a previous meeting) there
shall be less than a quorum present, a majority of those present may adjourn the
meeting to another time and place, and the meeting may be held as adjourned
without further notice or waiver.&#160;&#160;Except as otherwise provided by law
or in the Articles of Incorporation or these By-Laws, a majority of the
directors present at any meeting at which a quorum is present may decide any
question brought before such meeting.&#160;&#160;Meetings shall be presided over
by the Chairman of the Board, if any, or in his absence by such other person as
the majority of the directors present may select.&#160;&#160;The Secretary of
the Corporation shall, at the option of a majority of the
directors,&#160;&#160;act as secretary of the meeting, but in his absence the
chairman of the meeting may appoint any person to act as secretary of the
meeting.</font></div>
        <div style="TEXT-INDENT: 0pt; DISPLAY: block"><br></div>
        <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold"><font id="TAB1" style="MARGIN-LEFT: 36pt"></font>Section
2.6&#160;&#160;Committees.</font></div>
        <div style="TEXT-INDENT: 0pt; DISPLAY: block"><br></div>
        <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt"><font id="TAB1" style="MARGIN-LEFT: 36pt"></font>The Board of Directors may, by
resolution passed by a majority of the whole Board, designate one or more
committees, each committee to consist of one or more of the directors of the
Corporation.&#160;&#160;The Board may designate one or more directors as
alternate members of any committee, who may replace any absent or disqualified
member at any meeting of the committee.&#160;&#160;In the absence or
disqualification of a member of a committee, the member or members thereof
present at any meeting and not disqualified from voting, whether or not he or
they constitute a quorum, may unanimously appoint another member of the Board of
Directors to act at the meeting in place of any such absent or disqualified
member.&#160;&#160;Any such committee, to the extent provided in the resolution
of the Board of Directors, shall have an may exercise all the powers and
authority of the Board of Directors in the management of the business, property,
and affairs of the Corporation, and may authorize the seal of the Corporation to
be affixed to all papers which may require it; but not such committee shall have
power or authority in reference to amending the Certificate of Incorporation of
the Corporation (except that a committee may, to the extent authorized in the
resolution or resolutions providing for the issuance of shares of stock adopted
by the Board of Directors pursuant to authority expressly granted to the Board
of Directors by the Corporation&#8217;s Certificate of Incorporation, fix any of the
preferences or rights of such shares relating to dividends, redemption,
dissolution, any distribution of assets of the Corporation, or the conversion
into, or the exchange of such shares for, shares of any other class or classes
or any other series of the same or any other class or classes of stock of the
Corporation), adopting an agreement of merger or consolidation under the Nevada
Revised Statutes, recommending to the stockholders the sale, lease, or exchange
of all or substantially all of the Corporation&#8217;s property and assets,
recommending to the Stockholders a dissolution, or amending these By-Laws; and,
unless the resolution expressly so provided, no such committee shall have the
power or authority to declare a dividend, to authorize the issuance of stock, or
to adopt a certificate of ownership and merger pursuant to the Nevada Revised
Statutes.&#160;&#160;Each committee which may be established by the Board of
Directors pursuant to these By-Laws may fix its own rules and
procedures.&#160;&#160;Notice of meetings of committees, other than of regular
meetings provided for by the rules, shall be given to committee
members.&#160;&#160;All action taken by committees shall be recorded in minutes
of the meetings.</font></div>
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        <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold"><font id="TAB1" style="MARGIN-LEFT: 36pt"></font>Section 2.7&#160;&#160;Action Without
Meeting.</font></div>
        <div style="TEXT-INDENT: 0pt; DISPLAY: block"><br></div>
        <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt"><font id="TAB1" style="MARGIN-LEFT: 36pt"></font>Nothing contained in these By-Laws
shall be deemed to restrict the power of members of the Board of Directors or of
any committee designated by the Board to take any action required or permitted
to be taken by them without a meeting.</font></div>
        <div style="TEXT-INDENT: 0pt; DISPLAY: block"><br></div>
        <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold"><font id="TAB1" style="MARGIN-LEFT: 36pt"></font>Section 2.8&#160;&#160;Telephone
Meetings.</font></div>
        <div style="TEXT-INDENT: 0pt; DISPLAY: block"><br></div>
        <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt"><font id="TAB1" style="MARGIN-LEFT: 36pt"></font>Noting contained in these By-Laws shall
be deemed to restrict the power of members of the Board of Directors, or any
committee designated by the Board, to participate in a meeting of the Board, or
committee, by means of conference telephone or similar communications equipment
by means of which all persons participating in the meeting can hear each
other.</font></div>
        <div style="TEXT-INDENT: 0pt; DISPLAY: block"><br></div>
        <div style="TEXT-INDENT: 0pt; DISPLAY: block"><br></div>
        <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">ARTICLE
III</font></div>
        <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">OFFICERS</font></div>
        <div style="TEXT-INDENT: 0pt; DISPLAY: block"><br></div>
        <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold"><font id="TAB1" style="MARGIN-LEFT: 36pt"></font>Section 3.1&#160;&#160;Executive
Officers.</font></div>
        <div style="TEXT-INDENT: 0pt; DISPLAY: block"><br></div>
        <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt"><font id="TAB1" style="MARGIN-LEFT: 36pt"></font>The executive officers of the
Corporation shall be a President, one or more Vice Presidents, a Treasurer, and
a Secretary, each of whom shall be elected by the Board of
Directors.&#160;&#160;The Board of Directors may elect or appoint such other
officers, including, but not limited to, a Chief Executive Officer, Chief
Financial Officer, Controller and one or more Assistant Treasurers and Assistant
Secretaries, as it may deem necessary or desirable.&#160;&#160;Each officer
shall hold office for such term as may be prescribed by the Board of Directors
from time to time or until his replacement is elected or he is terminated by the
Board of Directors, or his position eliminated.&#160;&#160;Any person may hold
at one time two or more offices.</font></div>
        <div style="TEXT-INDENT: 0pt; DISPLAY: block"><br></div>
        <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold"><font id="TAB1" style="MARGIN-LEFT: 36pt"></font>Section 3.2&#160;&#160;Powers and
Duties.</font></div>
        <div style="TEXT-INDENT: 0pt; DISPLAY: block"><br></div>
        <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt"><font id="TAB1" style="MARGIN-LEFT: 36pt"></font>The Chairman of the Board, if any, or,
in his absence, the President, shall preside at all meetings of the
stockholders. The Chairman of the Board, if any; or in his absence, any director
elected to serve as chairman for that specific board meeting only shall preside
at that meeting of the Board of Directors.&#160;&#160;Unless otherwise
determined by the Board of Directors, the President shall be the chief executive
officer of the Corporation.&#160;&#160;In the absence of the President, a Vice
President appointed by the President or, if the President fails to make such
appointment or the Board of Directors elects to override the President&#8217;s
appointment, by the Board, shall perform all the duties of the
President.&#160;&#160;The officers and agents of the Corporation shall each have
such powers and authority and shall perform such duties in the management of the
business, property, and affairs of the Corporation as generally pertain to their
respective offices, as well as such powers and authorities and such duties as
from time to time may be prescribed by the Board of Directors.</font></div>
        <div style="TEXT-INDENT: 0pt; DISPLAY: block"><br></div>
        <div style="TEXT-INDENT: 0pt; DISPLAY: block"><br></div>
        <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">ARTICLE
IV</font></div>
        <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">RESIGNATIONS,
REMOVALS, AND VACANCIES</font></div>
        <div style="TEXT-INDENT: 0pt; DISPLAY: block"><br></div>
        <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold"><font id="TAB1" style="MARGIN-LEFT: 36pt"></font>Section
4.1&#160;&#160;Resignations.</font></div>
        <div style="TEXT-INDENT: 0pt; DISPLAY: block"><br></div>
        <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt"><font id="TAB1" style="MARGIN-LEFT: 36pt"></font>Any director or officer of the
Corporation, or any member of any committee, may resign at any time by giving
written notice to the Board of Directors, the President, or the Secretary of the
Corporation.&#160;&#160;Any such resignation shall take effect at the time
specified therein or, if the time be not specified therein, then upon receipt
thereof.&#160;&#160;The acceptance of such resignation shall not be necessary to
make it effective.</font></div>
        <div style="TEXT-INDENT: 0pt; DISPLAY: block"><br></div>
        <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold"><font id="TAB1" style="MARGIN-LEFT: 36pt"></font>Section
4.2&#160;&#160;Removals.</font></div>
        <div style="TEXT-INDENT: 0pt; DISPLAY: block"><br></div>
        <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt"><font id="TAB1" style="MARGIN-LEFT: 36pt"></font>The Board of Directors, by a vote of
not less than a majority of the entire Board, at any meeting thereof, or by
written consent, at any time, may, to the extent permitted by law, remove with
or without cause from office or terminate the employment of any officer or
member of any committee and may, with or without cause, disband any</font></div>
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        </div>
        <div style="TEXT-INDENT: 0pt; DISPLAY: block"><br></div>
        <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">committee.&#160;&#160;Any
director or the entire Board of Directors may be removed, with or without cause,
by the holders of a majority of the shares entitled at the time to vote at an
election of directors.</font></div>
        <div style="TEXT-INDENT: 0pt; DISPLAY: block"><br></div>
        <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold"><font id="TAB1" style="MARGIN-LEFT: 36pt"></font>Section
4.3&#160;&#160;Vacancies.</font></div>
        <div style="TEXT-INDENT: 0pt; DISPLAY: block"><br></div>
        <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt"><font id="TAB1" style="MARGIN-LEFT: 36pt"></font>Any vacancy in the office of any
director or officer through death, resignation, removal, disqualification, or
other cause, and any additional directorship resulting from increase in the
number of directors, may be filled at any time by a majority of the directors
then in office (even though less than a quorum remains) or, in the alternative,
in the case of any vacancy in the office of any director, by the stockholders
who are at the time entitled to vote at an election of directors, and, subject
to the provisions of this Article IV, the person so chosen shall hold office
until his successor shall have been elected and qualified; or, if the person so
chosen is a director elected to fill a vacancy, he shall (subject to the
provisions of the By-Laws and Articles of Incorporation and this Article IV)
hold office for the unexpired term of his predecessor, or until his successor
has been elected and qualified.</font></div>
        <div style="TEXT-INDENT: 0pt; DISPLAY: block"><br></div>
        <div style="TEXT-INDENT: 0pt; DISPLAY: block"><br></div>
        <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">ARTICLE
V</font></div>
        <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">CAPITAL
STOCK</font></div>
        <div style="TEXT-INDENT: 0pt; DISPLAY: block"><br></div>
        <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold"><font id="TAB1" style="MARGIN-LEFT: 36pt"></font>Section 5.1&#160;&#160;Stock
Certificates.</font></div>
        <div style="TEXT-INDENT: 0pt; DISPLAY: block"><br></div>
        <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt"><font id="TAB1" style="MARGIN-LEFT: 36pt"></font>The certificates for shares of the
capital stock of the Corporation shall be in such form as shall be prescribed by
law and provided, from time to time, by the Board of Directors.</font></div>
        <div style="TEXT-INDENT: 0pt; DISPLAY: block"><br></div>
        <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold"><font id="TAB1" style="MARGIN-LEFT: 36pt"></font>Section 5.2&#160;&#160;Transfer of
Shares.</font></div>
        <div style="TEXT-INDENT: 0pt; DISPLAY: block"><br></div>
        <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt"><font id="TAB1" style="MARGIN-LEFT: 36pt"></font>Shares of the capital stock of the
Corporation may be transferred on the books of the Corporation only by the
holder of such shares or by his duly authorized attorney, upon the surrender to
the Corporation or its transfer agent of the certificate representing such stock
properly endorsed.</font></div>
        <div style="TEXT-INDENT: 0pt; DISPLAY: block"><br></div>
        <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold"><font id="TAB1" style="MARGIN-LEFT: 36pt"></font>Section 5.3&#160;&#160;Fixing Record
Date.</font></div>
        <div style="TEXT-INDENT: 0pt; DISPLAY: block"><br></div>
        <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt"><font id="TAB1" style="MARGIN-LEFT: 36pt"></font>In order that the Corporation may
determine the stockholders entitled to notice of or to vote at any meeting of
stockholders or any adjournment thereof or to express consent to corporate
action in writing without a meeting, or entitled to receive payment of any
dividend or other distribution or allotment of any rights, or entitled to
exercise any rights in respect of any change, conversion, or exchange of stock,
or for the purpose of any other lawful action, the Board of Directors may fix,
in advance, a record date, which unless otherwise provided by law, shall not be
more than sixty nor less than ten days before the date of such meeting, nor more
than sixty days prior to any other action.</font></div>
        <div style="TEXT-INDENT: 0pt; DISPLAY: block"><br></div>
        <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold"><font id="TAB1" style="MARGIN-LEFT: 36pt"></font>Section 5.4&#160;&#160;Lost
Certificates.</font></div>
        <div style="TEXT-INDENT: 0pt; DISPLAY: block"><br></div>
        <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt"><font id="TAB1" style="MARGIN-LEFT: 36pt"></font>The Board of Directors or any transfer
agent of the Corporation may direct a new certificate or certificates
representing stock of the Corporation to be issued in place of any certificate
or certificates theretofore issued by the Corporation , alleged to have been
lost, stolen, or destroyed, upon the making of an affidavit of that fact by the
person claiming the certificate to be lost, stolen, or
destroyed.&#160;&#160;When authorizing such issue of a new certificate or
certificates, the Board of Directors (or any transfer agent of the Corporation
authorized to do so by a resolution of the Board of Directors) may, in its
discretion and as a condition precedent to the issuance thereof, require the
owner of such lost, stolen, or destroyed certificate or certificates, or his
legal representative, to give the Corporation a bond in such sum as the Board of
Directors (or any transfer agent so authorized) shall direct to indemnify the
Corporation against any claim that may be made against the Corporation with
respect to the certificate alleged to have been lost, stolen, or destroyed or
the issuance of such new certificates, and such requirement may be general or
confined to specific instances.</font></div>
        <div style="TEXT-INDENT: 0pt; DISPLAY: block"><br></div>
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        <div style="TEXT-INDENT: 0pt; DISPLAY: block"><br></div>
        <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold"><font id="TAB1" style="MARGIN-LEFT: 36pt"></font>Section
5.5&#160;&#160;Regulations.</font></div>
        <div style="TEXT-INDENT: 0pt; DISPLAY: block"><br></div>
        <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt"><font id="TAB1" style="MARGIN-LEFT: 36pt"></font>The Board of Directors shall have power
and authority to make all such rules and regulations as it may deem expedient
concerning the issue, transfer, registration, cancellation, and replacement of
certificates representing stock of the Corporation.</font></div>
        <div style="TEXT-INDENT: 0pt; DISPLAY: block"><br></div>
        <div style="TEXT-INDENT: 0pt; DISPLAY: block"><br></div>
        <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">ARTICLE
VI</font></div>
        <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">MISCELLANEOUS</font></div>
        <div style="TEXT-INDENT: 0pt; DISPLAY: block"><br></div>
        <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold"><font id="TAB1" style="MARGIN-LEFT: 36pt"></font>Section 6.1&#160;&#160;Corporate
Seal.</font></div>
        <div style="TEXT-INDENT: 0pt; DISPLAY: block"><br></div>
        <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt"><font id="TAB1" style="MARGIN-LEFT: 36pt"></font>The corporate seal shall have inscribed
thereon the name of the Corporation and shall be in such form as may be approved
from time to time by the Board of Directors and the words &#8220;Corporate Seal&#8221; and
&#8220;Nevada.&#8221;</font></div>
        <div style="TEXT-INDENT: 0pt; DISPLAY: block"><br></div>
        <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold"><font id="TAB1" style="MARGIN-LEFT: 36pt"></font>Section 6.2&#160;&#160;Fiscal
Year.</font></div>
        <div style="TEXT-INDENT: 0pt; DISPLAY: block"><br></div>
        <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt"><font id="TAB1" style="MARGIN-LEFT: 36pt"></font>The fiscal year of the Corporation
shall be determined by resolution of the Board of Directors and, until changed
by resolution of the Board of Directors, shall be September 1 to August 31 of
each calendar year.</font></div>
        <div style="TEXT-INDENT: 0pt; DISPLAY: block"><br></div>
        <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold"><font id="TAB1" style="MARGIN-LEFT: 36pt"></font>Section 6.3&#160;&#160;Notices and
Waivers Thereof.</font></div>
        <div style="TEXT-INDENT: 0pt; DISPLAY: block"><br></div>
        <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt"><font id="TAB1" style="MARGIN-LEFT: 36pt"></font>Whenever any notice whatever is
required by law, the Certificate of Incorporation, or these By-Laws to be given
to any stockholder, director, or officer, such notice, except as otherwise
provided by law, may be given personally, or by mail, or, in the case of
directors or officers, by telegram, cable, or radiogram, addressed to such
address as appears on the books of the Corporation.&#160;&#160;Any notice given
by telegram, cable, or radiogram shall be deemed to have been given when it
shall have been delivered for transmission and any notice given by mail shall be
deemed to have been given when it shall have been deposited in the United States
mail with postage thereon prepaid.&#160;&#160;Whenever any notice is required to
be given by law, the Certificate of Incorporation, or these By-Laws, a written
waiver thereof, signed by the person entitled to such notice, whether before or
after the meeting or the time stated therein, shall be deemed equivalent in all
respects to such notice to the full extent permitted by law.</font></div>
        <div style="TEXT-INDENT: 0pt; DISPLAY: block"><br></div>
        <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold"><font id="TAB1" style="MARGIN-LEFT: 36pt"></font>Section 6.4&#160;&#160;Stock of Other
Corporations or Other Interests.</font></div>
        <div style="TEXT-INDENT: 0pt; DISPLAY: block"><br></div>
        <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt"><font id="TAB1" style="MARGIN-LEFT: 36pt"></font>Unless otherwise ordered by the Board
of Directors, the President, the Secretary, and such attorneys or agents of the
Corporation as may be from time to time authorized by the Board of Directors or
the President, shall have full power and authority on behalf of this Corporation
to attend and to act and vote in person or by proxy at any meeting of the
holders of securities of any corporation or other entity in which this
Corporation may own or hold shares or other securities, and at such meetings
shall possess and may exercise all the rights and powers incident to the
ownership of such shares or other securities which this Corporation, as the
owner or holder thereof, might have possessed and exercised if
present.&#160;&#160;The President, the Secretary, or such attorneys or agents,
may also execute and deliver on behalf of the Corporation powers of attorney,
proxies, consents, waivers, and other instruments relating to the shares or
securities owned or held by this Corporation.</font></div>
        <div style="TEXT-INDENT: 0pt; DISPLAY: block"><br></div>
        <div style="TEXT-INDENT: 0pt; DISPLAY: block"><br></div>
        <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">ARTICLE
VII</font></div>
        <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">AMENDMENTS</font></div>
        <div style="TEXT-INDENT: 0pt; DISPLAY: block"><br></div>
        <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt"><font id="TAB1" style="MARGIN-LEFT: 36pt"></font>The holders of shares entitled at the
time to vote for the election of directors shall have power to adopt, amend, or
repeal the By-Laws of the Corporation by vote of not less than a majority of
such shares entitled to vote, and except as otherwise provided by law, the Board
of Directors shall have power equal in all respects to that of the stockholders
to adopt, amend, or repeal the By-Laws by vote of not less than a majority of
the entire Board.&#160;&#160;However, any By-Law adopted by the Board may be
amended or repealed by vote of the holders of a majority of the shares entitled
at the time to vote for the election of directors.</font></div>
        <div style="TEXT-INDENT: 0pt; DISPLAY: block"><br></div>
        <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">AZTEC
OIL &amp; GAS, INC.</font></div>
      </div>
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    <div>&#160;</div>
    <div>
      <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">The Board
of Directors further resolved:</font></div>
      <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
      <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left">
        <div style="TEXT-INDENT: 0pt; DISPLAY: block"><br></div>
        <div style="TEXT-INDENT: 36pt; DISPLAY: block; MARGIN-LEFT: 36pt; MARGIN-RIGHT: 18pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt"><font style="DISPLAY: inline; FONT-WEIGHT: bold">BE IT FURTHER RESOLVED,</font> that
the Board of Directors, President and/or any executive officer of the
Corporation be, and hereby is, authorized to execute and deliver the said
Amendment to By-Laws and such other documents and instruments and do all acts
and things necessary now and in the future to implement and effectuate the
intent of the foregoing resolutions.</font></div>
        <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">&#160;</font></div>
        <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">&#160;</font></div>
        <div style="TEXT-INDENT: 36pt; DISPLAY: block; MARGIN-LEFT: 36pt; MARGIN-RIGHT: 18pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt"><font style="DISPLAY: inline; FONT-WEIGHT: bold">BE IT FURTHER RESOLVED</font>, that
the Board of Directors take all actions necessary, and authorize all officers to
act, to facilitate a shareholder&#8217;s meeting, by way of like Information Statement
as provided in Section 14 of the Securities Exchange Act of 1934 as amended, or
otherwise, within the next 90 days from March 3, 2010.</font></div>
        <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">&#160;</font></div>
      </div>
      <div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt">&#160;</div>
      <div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt">&#160;</div>
      <div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt">&#160;</div>
      <div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt">&#160;</div>
      <div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt">&#160;</div>
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form8k.htm
U.S.
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON,
D.C. 20549
FORM
8-K
CURRENT
REPORT
Pursuant
to Section 13 or 15(d) of the Securities Exchange Act of
1934/Voluntarily
Date of
Report (Date of Earliest Event Reported): March 17, 2010 (March 3,
2010)
AZTEC
OIL & GAS, INC.
(Exact
Name of Registrant as Specified in Charter)
Nevada
(State or
Other Jurisdiction of
Incorporation
or Organization)
000-32015
87-0439834
(Commission
      File Number)
(I.R.S.
      Employer Identification No.)
Aztec
Oil & Gas, Inc.
One
Riverway, Suite 1700
Houston,
Texas 77056
(Address
of principal executive offices including zip code)
(713)
840-6444
(Registrant's
telephone number, including area code)
ITEM
5.03 - Amendments to By Laws
On March
3, 2010 Aztec Oil & Gas, Inc. amended the Company By Laws to read as
follows:
SIGNATURES
Pursuant to the requirements of the
Securities Exchange Act of 1934/voluntarily, the registrant has duly caused this
report to be signed on its behalf by the undersigned hereunto duly
authorized.
AZTEC
      OIL & GAS, INC.
Date:
      March 17, 2010
By:
//s// Waylan
      R. Johnson
Waylan
      R. Johnson, President
AZTEC
OIL & GAS, INC.
(a
Nevada Corporation)
AMENDED
BY-LAWS
ARTICLE
I
STOCKHOLDERS
Section 1.1  Annual
Meeting.
A meeting of stockholders for the
purpose of electing directors and of transacting such other business as may come
before it shall be held either annually or, alternatively, non-annually at any
such date, time, and place, either within or without the State of Nevada, as may
be specified by the Board of Directors.
Section 1.2  Special
Meetings.
Special meetings of stockholders for
any purpose or purposes may be held at any time upon call of the Chairman of the
Board, if any, the President or a majority of the Board of Directors, at such
time and place whether within or without the State of Nevada as may be stated in
the notice.  A special meeting of stockholders shall be called by the
Chairman of the Board, if any, or President upon the written request, stating
time, place, and the purpose or purposes of the meeting, of stockholders who
together own of record a minimum of twenty five percent of all the outstanding
stock of all classes entitled to vote at such meeting.
Section 1.3  Notice of
Meetings.
Written notice of stockholders
meetings, stating the place, date, and hour thereof, and, in the case of special
meeting, the purpose or purposes for which the meeting is called, shall be given
by the Chairman of the Board, if any, the President, any Vice President, the
Secretary, or an Assistant Secretary, to each stockholder entitled to vote
thereat at least five calendar days but not more than sixty calendar days before
the date of the meeting, unless a different period is prescribed by
law.
Section
1.4  Quorum.
Except as otherwise provided by law or
in the Certificate of Incorporation or these By-Laws, at any meeting of
stockholders, the holders of twenty-five percent of the total outstanding shares
entitled to vote at the meeting shall be present or represented by proxy in
order to constitute a quorum for the transaction of any business.  In
the absence of a quorum, a majority interest of the stockholders present who are
entitled at the time to vote or the chairman of the meeting may adjourn the
meeting from time to time in the manner provided in Section 1.5 of these By-Laws
until a quorum shall attend.
Section
1.5  Adjournment.
Any meeting of stockholders, annual or
special at which a Quorum, per Section 1.4 above, is present, may adjourn from
time to time to reconvene at the same or some other place, and notice need not
be given of any such adjourned meeting if the time and place thereof are
announced at the meeting at which the adjournment is taken.  At the
adjourned meeting, the Corporation may transact any business which might have
been transacted at the original meeting.  If the adjournment is for
more than thirty days, or if after the adjournment a new shareholder of record
date is fixed for the adjourned meeting, a notice of the adjourned meeting shall
be given to each stockholder of record entitled to vote at the
meeting.
Section
1.6  Organization.
The Chairman of the Board, if any, or
in his absence the President, or in their absence any Vice President, shall call
to order meetings of stockholders and shall act as chairman of such
meetings.  The Board of Directors or, if the Board fails to act, the
stockholders may appoint any stockholder, director, or officer of the
Corporation to act as chairman of any meeting in the absence of the Chairman of
the Board, the President, and all Vice Presidents.
The Secretary of the Corporation shall
act as secretary of all meetings of stockholders, but, in the absence of the
Secretary, the chairman of the meeting may appoint any other person to act as
secretary of the meeting.
Section
1.7  Voting.
Except as otherwise provided by law or
in the Certificate of Incorporation or these By-Laws and except for the election
of directors, at any meeting duly called and held at which a quorum is present,
a majority of the votes cast at such meeting upon a given question by the
holders of outstanding shares of stock of all classes of stock of the
Corporation entitled to vote thereon who are present in person or by proxy shall
decide such question.  At any meeting duly called and held for the
election of directors at which a quorum is present, directors shall be elected
by a plurality of the votes cast by the holders (acting as such) of shares of
stock of the Corporation entitled to elect such directors.
Section 1.8  Action Without
Meeting.
Nothing contained in these By-Laws
shall be deemed to restrict the power of the stockholders to take any action
required or permitted to be taken by them without a meeting.
Section 1.9  Telephone
Meetings.
Nothing contained in these By-Laws
shall be deemed to restrict the power of the stockholders to participate in a
meeting of the shareholders, or committee, by means of conference telephone or
similar communications equipment by means of which all persons participating in
the meeting can hear each other.
ARTICLE
II
BOARD
OF DIRECTORS
Section 2.1  Number and Term
of Office.
The business, property, and affairs of
the Corporation shall be managed by or under the direction of a Board of
Directors.  The directors shall be elected by the holders of the
shares entitled to vote thereon at any annual, non-annual, or special meeting of
stockholders, and each shall serve (subject to the provisions of Article IV)
until his respective successor has been elected and qualified or he is removed
from office as provided under these By-Laws or the Articles of Incorporation.
The number of directors is presently set at 4 but may be increased or decreased
by a vote of the shareholders as provided in Article I of these
By-Laws.
Section 2.2  Chairman of the
Board.
The directors may elect one of their
members to be Chairman of the Board of Directors.  The Chairman shall
be subject to the control of and may be removed by the Board of
Directors.  He shall perform such duties as may from time to time be
assigned to him by the Board.
Section
2.3  Meetings.
The annual meeting of the Board of
Directors, for the election of officers and the transaction of such other
business as may come before the meeting, shall be held without notice at the
same place as, and immediately following, any annual, non-annual or special
meeting of the stockholders.
Regular meetings of the Board of
Directors may be held without notice at such time and place as shall from time
to time be determined by the Board.
Special meetings of the Board of
Directors shall be held at such time and place as shall be designated in the
notice of the meeting whenever called by the Chairman of the Board, if any, the
President, or by a majority of the directors then in office.
Section 2.4  Notice of
Special Meetings.
The Secretary, or in his absence any
other officer of the Corporation, shall give each director notice of the time
and place of holding of special meetings of the Board of Directors by mail at
least three days before the meeting, or by telegram, cable, radiogram, or
personal service at least one day before the meeting.  Unless
otherwise sated in the notice thereof, any and all business may be transacted at
any meeting without specification of such business in the notice.
Section 2.5  Quorum and
Organization of Meetings.
A majority of the total number of
members of the Board of Directors as constituted from time to time shall
constitute a quorum for the transaction of business, but, if at any meeting of
the Board of Directors (whether or not adjourned from a previous meeting) there
shall be less than a quorum present, a majority of those present may adjourn the
meeting to another time and place, and the meeting may be held as adjourned
without further notice or waiver.  Except as otherwise provided by law
or in the Articles of Incorporation or these By-Laws, a majority of the
directors present at any meeting at which a quorum is present may decide any
question brought before such meeting.  Meetings shall be presided over
by the Chairman of the Board, if any, or in his absence by such other person as
the majority of the directors present may select.  The Secretary of
the Corporation shall, at the option of a majority of the
directors,  act as secretary of the meeting, but in his absence the
chairman of the meeting may appoint any person to act as secretary of the
meeting.
Section
2.6  Committees.
The Board of Directors may, by
resolution passed by a majority of the whole Board, designate one or more
committees, each committee to consist of one or more of the directors of the
Corporation.  The Board may designate one or more directors as
alternate members of any committee, who may replace any absent or disqualified
member at any meeting of the committee.  In the absence or
disqualification of a member of a committee, the member or members thereof
present at any meeting and not disqualified from voting, whether or not he or
they constitute a quorum, may unanimously appoint another member of the Board of
Directors to act at the meeting in place of any such absent or disqualified
member.  Any such committee, to the extent provided in the resolution
of the Board of Directors, shall have an may exercise all the powers and
authority of the Board of Directors in the management of the business, property,
and affairs of the Corporation, and may authorize the seal of the Corporation to
be affixed to all papers which may require it; but not such committee shall have
power or authority in reference to amending the Certificate of Incorporation of
the Corporation (except that a committee may, to the extent authorized in the
resolution or resolutions providing for the issuance of shares of stock adopted
by the Board of Directors pursuant to authority expressly granted to the Board
of Directors by the Corporation's Certificate of Incorporation, fix any of the
preferences or rights of such shares relating to dividends, redemption,
dissolution, any distribution of assets of the Corporation, or the conversion
into, or the exchange of such shares for, shares of any other class or classes
or any other series of the same or any other class or classes of stock of the
Corporation), adopting an agreement of merger or consolidation under the Nevada
Revised Statutes, recommending to the stockholders the sale, lease, or exchange
of all or substantially all of the Corporation's property and assets,
recommending to the Stockholders a dissolution, or amending these By-Laws; and,
unless the resolution expressly so provided, no such committee shall have the
power or authority to declare a dividend, to authorize the issuance of stock, or
to adopt a certificate of ownership and merger pursuant to the Nevada Revised
Statutes.  Each committee which may be established by the Board of
Directors pursuant to these By-Laws may fix its own rules and
procedures.  Notice of meetings of committees, other than of regular
meetings provided for by the rules, shall be given to committee
members.  All action taken by committees shall be recorded in minutes
of the meetings.
Section 2.7  Action Without
Meeting.
Nothing contained in these By-Laws
shall be deemed to restrict the power of members of the Board of Directors or of
any committee designated by the Board to take any action required or permitted
to be taken by them without a meeting.
Section 2.8  Telephone
Meetings.
Noting contained in these By-Laws shall
be deemed to restrict the power of members of the Board of Directors, or any
committee designated by the Board, to participate in a meeting of the Board, or
committee, by means of conference telephone or similar communications equipment
by means of which all persons participating in the meeting can hear each
other.
ARTICLE
III
OFFICERS
Section 3.1  Executive
Officers.
The executive officers of the
Corporation shall be a President, one or more Vice Presidents, a Treasurer, and
a Secretary, each of whom shall be elected by the Board of
Directors.  The Board of Directors may elect or appoint such other
officers, including, but not limited to, a Chief Executive Officer, Chief
Financial Officer, Controller and one or more Assistant Treasurers and Assistant
Secretaries, as it may deem necessary or desirable.  Each officer
shall hold office for such term as may be prescribed by the Board of Directors
from time to time or until his replacement is elected or he is terminated by the
Board of Directors, or his position eliminated.  Any person may hold
at one time two or more offices.
Section 3.2  Powers and
Duties.
The Chairman of the Board, if any, or,
in his absence, the President, shall preside at all meetings of the
stockholders. The Chairman of the Board, if any; or in his absence, any director
elected to serve as chairman for that specific board meeting only shall preside
at that meeting of the Board of Directors.  Unless otherwise
determined by the Board of Directors, the President shall be the chief executive
officer of the Corporation.  In the absence of the President, a Vice
President appointed by the President or, if the President fails to make such
appointment or the Board of Directors elects to override the President's
appointment, by the Board, shall perform all the duties of the
President.  The officers and agents of the Corporation shall each have
such powers and authority and shall perform such duties in the management of the
business, property, and affairs of the Corporation as generally pertain to their
respective offices, as well as such powers and authorities and such duties as
from time to time may be prescribed by the Board of Directors.
ARTICLE
IV
RESIGNATIONS,
REMOVALS, AND VACANCIES
Section
4.1  Resignations.
Any director or officer of the
Corporation, or any member of any committee, may resign at any time by giving
written notice to the Board of Directors, the President, or the Secretary of the
Corporation.  Any such resignation shall take effect at the time
specified therein or, if the time be not specified therein, then upon receipt
thereof.  The acceptance of such resignation shall not be necessary to
make it effective.
Section
4.2  Removals.
The Board of Directors, by a vote of
not less than a majority of the entire Board, at any meeting thereof, or by
written consent, at any time, may, to the extent permitted by law, remove with
or without cause from office or terminate the employment of any officer or
member of any committee and may, with or without cause, disband any
committee.  Any
director or the entire Board of Directors may be removed, with or without cause,
by the holders of a majority of the shares entitled at the time to vote at an
election of directors.
Section
4.3  Vacancies.
Any vacancy in the office of any
director or officer through death, resignation, removal, disqualification, or
other cause, and any additional directorship resulting from increase in the
number of directors, may be filled at any time by a majority of the directors
then in office (even though less than a quorum remains) or, in the alternative,
in the case of any vacancy in the office of any director, by the stockholders
who are at the time entitled to vote at an election of directors, and, subject
to the provisions of this Article IV, the person so chosen shall hold office
until his successor shall have been elected and qualified; or, if the person so
chosen is a director elected to fill a vacancy, he shall (subject to the
provisions of the By-Laws and Articles of Incorporation and this Article IV)
hold office for the unexpired term of his predecessor, or until his successor
has been elected and qualified.
ARTICLE
V
CAPITAL
STOCK
Section 5.1  Stock
Certificates.
The certificates for shares of the
capital stock of the Corporation shall be in such form as shall be prescribed by
law and provided, from time to time, by the Board of Directors.
Section 5.2  Transfer of
Shares.
Shares of the capital stock of the
Corporation may be transferred on the books of the Corporation only by the
holder of such shares or by his duly authorized attorney, upon the surrender to
the Corporation or its transfer agent of the certificate representing such stock
properly endorsed.
Section 5.3  Fixing Record
Date.
In order that the Corporation may
determine the stockholders entitled to notice of or to vote at any meeting of
stockholders or any adjournment thereof or to express consent to corporate
action in writing without a meeting, or entitled to receive payment of any
dividend or other distribution or allotment of any rights, or entitled to
exercise any rights in respect of any change, conversion, or exchange of stock,
or for the purpose of any other lawful action, the Board of Directors may fix,
in advance, a record date, which unless otherwise provided by law, shall not be
more than sixty nor less than ten days before the date of such meeting, nor more
than sixty days prior to any other action.
Section 5.4  Lost
Certificates.
The Board of Directors or any transfer
agent of the Corporation may direct a new certificate or certificates
representing stock of the Corporation to be issued in place of any certificate
or certificates theretofore issued by the Corporation , alleged to have been
lost, stolen, or destroyed, upon the making of an affidavit of that fact by the
person claiming the certificate to be lost, stolen, or
destroyed.  When authorizing such issue of a new certificate or
certificates, the Board of Directors (or any transfer agent of the Corporation
authorized to do so by a resolution of the Board of Directors) may, in its
discretion and as a condition precedent to the issuance thereof, require the
owner of such lost, stolen, or destroyed certificate or certificates, or his
legal representative, to give the Corporation a bond in such sum as the Board of
Directors (or any transfer agent so authorized) shall direct to indemnify the
Corporation against any claim that may be made against the Corporation with
respect to the certificate alleged to have been lost, stolen, or destroyed or
the issuance of such new certificates, and such requirement may be general or
confined to specific instances.
Section
5.5  Regulations.
The Board of Directors shall have power
and authority to make all such rules and regulations as it may deem expedient
concerning the issue, transfer, registration, cancellation, and replacement of
certificates representing stock of the Corporation.
ARTICLE
VI
MISCELLANEOUS
Section 6.1  Corporate
Seal.
The corporate seal shall have inscribed
thereon the name of the Corporation and shall be in such form as may be approved
from time to time by the Board of Directors and the words "Corporate Seal" and
"Nevada."
Section 6.2  Fiscal
Year.
The fiscal year of the Corporation
shall be determined by resolution of the Board of Directors and, until changed
by resolution of the Board of Directors, shall be September 1 to August 31 of
each calendar year.
Section 6.3  Notices and
Waivers Thereof.
Whenever any notice whatever is
required by law, the Certificate of Incorporation, or these By-Laws to be given
to any stockholder, director, or officer, such notice, except as otherwise
provided by law, may be given personally, or by mail, or, in the case of
directors or officers, by telegram, cable, or radiogram, addressed to such
address as appears on the books of the Corporation.  Any notice given
by telegram, cable, or radiogram shall be deemed to have been given when it
shall have been delivered for transmission and any notice given by mail shall be
deemed to have been given when it shall have been deposited in the United States
mail with postage thereon prepaid.  Whenever any notice is required to
be given by law, the Certificate of Incorporation, or these By-Laws, a written
waiver thereof, signed by the person entitled to such notice, whether before or
after the meeting or the time stated therein, shall be deemed equivalent in all
respects to such notice to the full extent permitted by law.
Section 6.4  Stock of Other
Corporations or Other Interests.
Unless otherwise ordered by the Board
of Directors, the President, the Secretary, and such attorneys or agents of the
Corporation as may be from time to time authorized by the Board of Directors or
the President, shall have full power and authority on behalf of this Corporation
to attend and to act and vote in person or by proxy at any meeting of the
holders of securities of any corporation or other entity in which this
Corporation may own or hold shares or other securities, and at such meetings
shall possess and may exercise all the rights and powers incident to the
ownership of such shares or other securities which this Corporation, as the
owner or holder thereof, might have possessed and exercised if
present.  The President, the Secretary, or such attorneys or agents,
may also execute and deliver on behalf of the Corporation powers of attorney,
proxies, consents, waivers, and other instruments relating to the shares or
securities owned or held by this Corporation.
ARTICLE
VII
AMENDMENTS
The holders of shares entitled at the
time to vote for the election of directors shall have power to adopt, amend, or
repeal the By-Laws of the Corporation by vote of not less than a majority of
such shares entitled to vote, and except as otherwise provided by law, the Board
of Directors shall have power equal in all respects to that of the stockholders
to adopt, amend, or repeal the By-Laws by vote of not less than a majority of
the entire Board.  However, any By-Law adopted by the Board may be
amended or repealed by vote of the holders of a majority of the shares entitled
at the time to vote for the election of directors.
AZTEC
OIL & GAS, INC.
The Board
of Directors further resolved:
BE IT FURTHER RESOLVED,
that
the Board of Directors, President and/or any executive officer of the
Corporation be, and hereby is, authorized to execute and deliver the said
Amendment to By-Laws and such other documents and instruments and do all acts
and things necessary now and in the future to implement and effectuate the
intent of the foregoing resolutions.
BE IT FURTHER RESOLVED
, that
the Board of Directors take all actions necessary, and authorize all officers to
act, to facilitate a shareholder's meeting, by way of like Information Statement
as provided in Section 14 of the Securities Exchange Act of 1934 as amended, or
otherwise, within the next 90 days from March 3, 2010.