|BY-LAWS Page 8 version 1.1, Juli 21, 2010|
The patch remains the property of the club, should a member resigns from
the club, they may not take the patch or any part of the design with them.
If the member wear the patch, he and the pillion has to wear helmet by riding
and agree to No drink and drive.
There will be a monthly member fee of Peso 300 for active members
and peso 200 for inactive members, The application fee for active members
is peso 2000 and includes the club patch. No application fee for inactive
and lifetime members. Also no monthly fee for lifetime members.
Additional patch for pillion , peso 1500. The monthly fees are
payable yearly, half yearly or quarterly. By yearly payment the fee will be discounted
for members to 3000 peso and for inactive members to 2000 peso annual.
A banking account is open in the name of the club, and will be administrated
by the President, vice President and treasurer, who are accountable to the
board on all financial matters. There will be three signatories to the cheque
with any two signatories being able to sign.
In the time before seek registration the account can be open under
Presidents and treasurer names.