ASEP By-Laws

ARTICLE IV - Dues

SECTION 1. Entrance Fees

Standard entrance fees for members shall be as fixed by the Board of Directors from time to time but in no case shall be changed more than once in two (2) years. When a member is elevated to a higher membership grade, he shall pay an entrance fee as fixed by the Board, except that no fee shall be required for elevation to the grade of FELLOW. The entrance fee shall accompany the application and shall be returned if the application is rejected.

SECTION 2. Annual Dues

The annual dues for FELLOW, REGULAR MEMBER, ASSOCIATE MEMBER and AFFLIATE MEMBER shall be as fixed by the Board of Directors from time to time but in no case shall such annual dues be changed more than once in two (2) years. Annual dues shall be payable in advance, before the start of the fiscal year.

SECTION 3. Assessments

Any additional money required to carry on the activities of the Association may be raised through assessments, the total of which, for any one fiscal year, shall not exceed the annual dues.

SECTION 4. Manners of Payment

The Board of Directors, at its discretion, may upon application from any member and for justifiable causes, allow the remittance of part or all of the dues or assessments of the member or the extension of the time for payment.

SECTION 5. Contributions

The Board of Directors is empowered to receive contributions from any source, provided the funds so receive are used to further the objectives of the Association.