2006 Membership Directory - Ultrasonic Industry Association

2006 UIA DIRECTORYPage 22Bylawsplace of hearing shall be sent to such memberby Certified or Registered mail;(b) A member whose membership is terminated,either by resignation, or by action of theBoard of Directors, or otherwise, except thatsuch resignation or termination of membershipshall cease to have any interest in the propertyof or right to any of the benefits or privileges ofthe Association, except that such resignation ortermination of membership shall in no way relievesuch member of his outstanding obligations.Sec. 14. REINSTATEMENTNo membership shall be reinstated exceptupon written application as a new member. TheBoard of Directors shall have the power to imposeterms as it may deem proper as a conditionof reinstatement.Sec. 15. ASSIGNMENT OR TRANSFER OF MEMBER-SHIPMembership in the Association is granted only to thecorporate or individual member who applied to theAssociation for membership. The rights and privilegesof Association membership may not be transferredexcept by the majority vote of the Board ofDirectors of the Association.Sec. 16. VOTING(a) Each voting member shall have the right to voteon matters, which are presented to the membership.(b) The list of voting members shall be up-dated immediatelyprior to each Annual Meeting.ARTICLE II FinancialSec. 1. INITIATION FEEThe Board of Directors shall have the power to requirepayment of an initiation fee by new Members,and from time to time to determine the amountthereof; provided, however, that if a former memberapplies for reinstatement, the Board, in its discretion,may waive payment of the initiation fee in whole or inpart.Sec. 2. DUES OBLIGATIONAll members of record on the thirty-first (31st) day ofDecember each year shall be liable for dues for theensuing fiscal calendar year of the Association. TheTreasurer or his designee shall mail dues notices tomembers on or before the first (1st) day of December ineach year, and such dues shall be due and payablewithin thirty (30) days.Sec. 3. AMOUNT OF DUESMembers shall pay such annual dues as may be determinedfrom time to time by the Board of Directors.New Members shall pay dues calculated on a semiannualbasis for the remaining part of the calendar yearduring which elected to membership.Sec. 4. DELINQUENCY IN DUES PAYMENTS(a) If a member fails to pay the prescribed dues withinsixty (60) days after the same shall become dueand payable, such member shall, as a result of such failureand without further action in the premises,be suspended from all rights and privileges of membership,and such suspension shallcontinue until the payment in full of all arrears of themember so suspended, or until the terminationof the membership.(b) The membership of any member suspended asabove provided who fails to pay the prescribed dueswithin sixty (60) days after it’s suspension shall, as aresult of such failure and without further actionin the premises, terminate unless said period of sixty(60) days shall be extended by the Board ofDirectors, in which case, the membership shall, withoutfurther action in the premises, terminate atthe end of the extended period if such dues shall notthen have been paid.Sec. 6. AUDITThe accounts of the Association shall be reviewed annuallyby an outside firm of Certified Public Accountants.ARTICLE III Membership MeetingsSec. 1. ANNUAL MEETINGThe Annual Meeting of the Association shall be held atthe time of the annual symposium unless otherwisechanged by the Board of Directors, on such date, time,and place as may be determined by the President.Sec. 2. SPECIAL MEETINGSNotices of annual meetings of the Association shall becalled by the President, or may be called by theSecretary on the request in writing by a majority of themembers of the Board of Directors. The President orthe Secretary may fix the date, time, and place of specialmeetings.