POLICY 5: GENERAL
Section A: A check drawn payable to a signatory on the association
bank account must be signed by another authorized
signatory. The payee and the signatory shall not be the
same.
Section B: A returned check fee of $25.00 will be imposed on Jaycee
chapters and individuals whose checks are returned by
the bank for insufficient funds.
Section C: Funds from the Hospitality Suite and from the sale of
products shall be deposited in the General Account of
the organization. Expenditures for the Hospitality Suite
and for products may be withdrawn from the bank with
which they are on deposit only on the signature of an
authorized agent.
LIFE MEMBERSHIP PRESENTATIONS
Section A: The $150.00 application fee for Life Membership into the
Virginia Jaycees will be disbursed as follows: $95.00 to
the State Office Building Account, $15.00 for the first
year's dues to the Life Member Association, and the
remainder to the general account to offset the expense of
presentations.
Section B: A late fee of $50.00 shall be imposed on those
applications received after the designated due date. This
late fee will be disbursed into the State Office Building
Account.
Section C: In the event that a nominees local chapter has ceased to
exist, the application may be submitted by the nominees
district.
Section D: A nominee for Life Membership in the Virginia Jaycees
must have been a Virginia Jaycee for at least 5 years.
He/She must also have held at least 3 offices one of
which must have been elected.
Section E: The Life Membership application must be signed by 3
chapter officers one of which must be the President or
Chairman of the Board of the local Jaycee chapter.
Section F: Any of these policies may be waived on a case by case
basis with the approval of the Board of Directors of the
Life Member Association.
POLICY 7: TRANSFER OF RECORDS
Section A: The outgoing Secretary and Treasurer shall, upon
conclusion of the annual meeting, turn over or transfer
any and all records as may pertain to the Life Member
Association to the incoming respective officers. The
transfer of records shall take place at the annual meeting
of this organization or not later than two month from
that date.
February 22, 1997
