Receivables Policy; Termination Bylaws

ID38
ArticleFiscal Policies
Sequence5
Body

The Treasurer will remind Members by phone, mail, or email of unpaid accounts 30 days past due, and of the late charges being assessed. At 45 days past due, Members will be contacted by phone or in person by the Immediate Past President. They will be notified that their Membership will be terminated if their balance remains unpaid 60 days after the due date. The president or treasurer can request the Board’s approval for exceptions and accommodations, which shall not be greater than 90 days after the due date.  The Officers may approve an extension of up to 90 days or, with a written and signed payment schedule, a longer period.

Changes
NoteTo allow some flexibility in payment terms.
UserMichael Stimpert
Revision DateFeb 25, 2021

Change History

Showing 1-1 of 1 item.
IDChanged ByRev DateHeadBodyChangesNote 
  
51Michael StimpertFeb 25, 2021Receivables Policy; Termination

The Treasurer will remind Members by phone, mail, or email of unpaid accounts 30 days past due, and of the late charges being assessed. At 45 days past due, Members will be contacted by phone or in person by the Immediate Past President. They will be notified that their Membership will be terminated if their balance remains unpaid 60 days after the due date. The president or treasurer can request the Board’s approval for exceptions and accommodations, which shall not be greater than 90 days after the due date.  The Officers may approve an extension of up to 90 days or, with a written and signed payment schedule, a longer period.

To allow some flexibility in payment terms.