Section
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The annual membership fees payable by members of the
Chamber shall be determined annually by the Board, subject to the
approval of the General Meetings whenever a change in the
original amount is involved.
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Other assessments may be levied against all members,
provided they are recommended by the Board and approved by a
majority of the members in attendance at a general Meeting of the
Chamber. The notice calling such General Meeting shall state the
nature of the proposed assessment.
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An annual membership fee shall be due and payable by
each member at the first general meeting held in each year. Any
member who shall fail to pay his annual membership fee or any
other assessment when the same become due shall be notified by
the Secretary. If payment of the same is not made within sixty
days of such notice such member will be reported to the Board of
Directors by the Secretary and, if so ordered by the Board, shall
lose his membership by virtue of the non-renewal thereof, and all
privileges of membership shall be forfeited.
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Any members whose membership fees and assessment are
in arrears shall not be entitled to hold office or vote at any
meeting of the Chamber.