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The Oracle: Phi Mu Delta's Membership Manual

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3. <strong>The</strong> Initiation Fee, as stipulated in the by-laws shall entitle the new member to<br />

Par.<br />

jeweled collegiate brother’s pin, a copy of the new member manual, and other<br />

a<br />

items as available. It shall also entitle an initiate to his certificate of<br />

incidental<br />

membership card, a copy of the constitution, and maintenance of his<br />

membership,<br />

directory records. Alumni members in good standing of a local fraternity<br />

lifetime<br />

becomes a chapter of <strong>Phi</strong> <strong>Mu</strong> Delta may, at their individual option, receive <strong>The</strong><br />

which<br />

magazine by paying annual alumni dues in the amount set by the National<br />

Triangle<br />

or the National Conclave.<br />

Council<br />

4a. <strong>The</strong> chapter Vice-President of Finance is responsible for providing data to<br />

Par.<br />

financial management service utilized by the fraternity for the purpose of<br />

any<br />

5. No man shall be properly initiated into the fraternity until his Initiation Fee has<br />

Par.<br />

transferred to the National Office and required biographical information has been<br />

been<br />

1. <strong>The</strong> finances of each local organization shall be controlled and directed by the<br />

Par.<br />

collegiate chapter executive committee.<br />

respective<br />

2. Each chapter executive committee shall institute for itself and the respective<br />

Par.<br />

chapter an adequate accounting system approved by the National Office.<br />

collegiate<br />

3. <strong>The</strong> Vice-President of Finance of each chapter shall submit to the National Office<br />

Par.<br />

financial records for review; i.e., balance sheet and profit and loss statement, within<br />

all<br />

1. <strong>The</strong> National Conclave shall authorize such rituals, insignia, and publications as<br />

Section<br />

considers necessary.<br />

it<br />

Collegiate members failing below this standard shall be suspended until they<br />

thereafter.<br />

academic requirements.<br />

meet<br />

2. <strong>The</strong> annual cumulative GPA of the chapter shall be at or above each host<br />

Section<br />

all-men’s average.<br />

campus’<br />

4. Each chapter shall be responsible for the collection and remittance, when due,<br />

Par.<br />

all fees and dues to the National Office.<br />

of<br />

billing of fees to individual members.<br />

provided.<br />

Section 2. Local Finances<br />

30 days after closing the books, for the preceding period.<br />

ARTICLE XV: RITUALS, INSIGNIA AND PUBLICATIONS<br />

ARTICLE XVI. SCHOLARSHIP<br />

1. Each new member shall have a minimum high school grade point average (GPA)<br />

Section<br />

2.3 on a 4.0 scale for first semester freshman year and a minimum college GPA of 2.25<br />

of<br />

68

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