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Article X - Dues and Assessments - Section 4

Posted by PRO Thu, 20 Aug 2009 23:23:00 GMT

Section 4. NON-PAYMENT OF DUES, FEES, FINES, ASSESSMENTS, AND OTHER FINANCIAL OBLIGATIONS. Any member failing to pay any dues, fees, fines, assessments, reinstatement fees, transfer fees, or other charges excluding those payable to MLS, for thirty (30) days after the due date thereof shall be notified of his delinquency. Failure to pay within ten (10) days immediately following such notice shall automatically suspend such delinquent member. All Association services, excluding those provided by MLS, to a suspended member shall cease during the time of such suspension. Following such suspension, such delinquent member shall have fifteen (15) days in which to become reinstated by payment in full of all sums due plus a reinstatement fee in an amount determined by the Board of Directors. Failure to pay within the fifteen (15) day period shall automatically terminate the membership of such delinquent member and all rights hereunder and the suspended member shall be notified of such termination. A former member who has resigned or had his membership terminated may apply for reinstatement in the manner prescribed for new applicants for membership, after making payment in full of all past due accounts as of the date of termination, however, such former member shall not be required to attend orientation if he had been a member of the Association within the prior twelve (12) month period.

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