Quote:
Originally Posted by jimlott
James,
Here is the text from the bylaws:
Article 1. MEMBERS
1.01 Classification of Members. The Corporation shall have four (4) Classes of Members:
(a) Life Members: Life Members are the five founding members in addition to
those individuals who have paid the one time membership fee as established by
the Board of Directors. All monies received thru Life Memberships will be
placed into the Life Membership Endowment Fund. There shall be no more
than 20% Life Members as a percentage of total membership. Should the
percentage exceed 20% for any reason, approvals of new applications for Life
Membership will be suspended until the total is below 20%.
I do not know the current % of the membership that are life members.
I think all you need to do is email and ask if there are any life memberships available.
Jim
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Hi Jim:
I believe that the bylaws you have cited are not the most recent. The most recent was revised in 2023 as I recall and reflects a figure of 25% of the total membership as per below:
Life Members
Life Members are those individuals who have paid the one-time membership fee as established by the Board of Directors, and the five (5) founding members. There shall be no more than 25% Life Members as a percentage of total members. Should the percentage exceed 25% for any reason, approvals of new applications for Life Membership will be suspended until the total is below 25%.
Take care...
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