Article V - Initiation Fees, Membership Dues, and Expenses

Section 1. Initiation fees for each class of membership shall be determined by the board of directors from time to time.

Section 2. The annual dues (if any) for each class of membership shall be determined by the board of directors. Dues shall cover a twelve- (12) month period beginning with January 1st of every year. Dues will be pro-rated for the year in which an applicant is accepted for membership.

Section 3. All travel and entertainment expenses incurred by each member in connection with attending any membership meeting shall be paid respectively by each such member. The board of directors, however, may in their sole discretion direct the Association to pay general-purpose costs related to such meetings.