SECTION 1:  The annual dues for this Association shall be set by the Board of Directors for all categories of membership, and shall be paid in advance by all members in accordance with a schedule approved by the Board.

SECTION 2:  Any member whose Association dues are more than four months in arrears may be suspended and thereby shall forfeit all privileges of membership. However, the Board of Directors at its discretion, may extend the time of payment and privileges.

SECTION 3:  Any additional moneys required to carry on the activities of this Association shall be raised through assessments. Any assessments levied by the Board of Directors shall be referred to the Membership by a letter ballot. If two-thirds of those voting vote favorably, provided at least 50% of the Members vote, the assessment shall be declared carried.

SECTION 4:  The fiscal year shall begin on January 1, and end on December 31.

SECTION 5:  The Treasurer of the Association shall submit a budget to the Board of Directors on or before October 15 each year and the budget, as approved by the Board, shall be published and transmitted to the membership by January 1.