ARTICLE IX
TENURE OF OFFICE
- All officers of the organization shall hold office for a period of two years and may be re-elected to the same office for not more than a total period of four years.
- Should a vacancy occur in any of the offices, the NEC shall appoint a replacement. Officers so appointed shall remain in office for the unexpired period of the term.
III. Any officer(s) may be removed during his/her tenure of office through a vote of no confidence passed by a two-thirds majority of the membership of the NEC.
ARTICLE X
FINANCE
- The National Association shall derive its funds from annual membership dues from direct members and member chapters as determined by NEC. Other monetary contributions shall be set and revised as necessary by NEC. Fundraising activities shall also be organized from time to time.
- Annual Dues for member chapters shall be based on the number of members in the chapter, and the annual dues from each member who is not affiliated with any chapter shall be the same as those paid by members affiliated with chapters.
- Every direct member of the Egbe shall pay a membership due of $250 per annum. This due is payable in advance every year by the second month of the year. An installment payment of not more than twice may be allowed.
- A member chapter shall pay an annual dues of $1200 on the expectation that a chapter must have at least 10 members. This amount is payable in full at the beginning of any new year; however, with special arrangement, it may be paid in not more than two installments.
THE HIGHLIGHTED SECTION HAS BEEN DELETED
(Amended June 5, 2010, Vancouver, BC Ratified August 7, 2010, Baton Rouge, LA)
SIGNATORIES
The signatories are: National Secretary of Treasury, National General Secretary and the National President. Any two of these officials shall have the power to sign checks up to a maximum of $1,000. Any check in excess of $1,000 shall require three signatures. The financial records of the National Association shall be kept in accordance with the generally accepted accounting principles. All checking and savings accounts shall be set up at the National Headquarters.
