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This is Article One from the Victory Motorcycle Club By-laws. MEMBERSHIP |
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1.01 Qualification. The regular members of this Club shall be individuals that own and operate a Victory motorcycle, or those individuals that are interested in the betterment of the Victory Motorcycle. No individual shall hold more than one membership in the Club. Membership rights may not be transferred, assigned or devised. No member, by virtue of membership, shall have any right, title or interest in/to any property of the Club. There shall be four (4) categories of members. 1.02 Full: Any person dedicated to the purposes of this organization, showing proof of current ownership of a Victory motorcycle (or former ownership at time of inception), shall be eligible for a "Full Membership". Full members have all voting privileges and pay full cost dues. All members on record meeting these qualifications as of the effective date of these Bylaws will be grandfathered in as Full members, however, only those Full members evidencing current ownership of a Victory shall be eligible to assume VMC Club leadership positions. Full members losing eligibility of status through non-ownership shall continue their rights of status only through the term of their current annual membership. At time of renewal, they lose Full member status, and may then, if desired, opt for Associate (if eligible) or Support membership. (This class of membership is specifically designed for those able to document current ownership.) (Following adoption of these by-laws, all newly applying former owners will be eligible only for Associate [if eligible] or Support membership.) 1.03 Associate: Any family member(s) of a documented full member, dedicated to the purposes of this organization, shall be eligible for an "Associate Membership". Associate members aged 18+ have all voting privileges except the right to vote to amend either the Bylaws or Articles ofIncorporation of this Corporation, and the right to vote to terminate the membership of a member. Associate members pay reduced dues. Associate members may not hold VMC Club leadership positions. (This class of membership is specifically designed for family members of documented Full Members.) 1.04 Support: Any person ineligible for Full or Associate membership, who is dedicated to the purposes of this organization, shall be eligible for a "Support Membership". Support members have no voting privileges and pay reduced dues. (This class of membership is specifically designed for former owners and anyone expressing positive interest in the Victory motorcycle.) 1.05 Sponsor: Any business entity dedicated to the purposes of this organization shall be eligible for a "Sponsor Membership". Sponsor members have no voting privileges. Due to the commercial/business relationship of the Sponsor member, sponsor dues are higher. (This class of membership is solely for business entities wishing to show their support for the Victory Motorcycle Club and its purpose.) 1.06 Membership Fees and Dues. Member's dues shall be subject to annual review and change. 1.07 Membership Termination. Any membership
may be terminated under the following circumstances:
1.08 Charter Members. Members in good standing on December 31, 2001 shall be known as Charter Members. 1.09 Meetings of Members.
(i) Call of roll;
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