ARTICLE IV

5.1 Fee: (Association) The annual fee for each member of the association and terms of payment of all fees shall be determined by the board of directors.

5.2 Fee Year: This association’s fee year shall be from January 1 to December 31.

5.3 Association fee collection: The responsibility for the collection of this association’s fees shall fall to the Treasurer, except that the Executive Director shall be empowered to assist the Treasurer by issuing appropriate billings, collecting fees owed, and depositing funds in the association account. The general counsel of the Association shall be empowered to collect delinquent fees of the Association.

5.4 Delinquency: Members are delinquent when they fail to pay invoices from the Association within such time as may be designated by the Board of Directors. Failure to pay invoices on a timely basis will cause the member to be dropped from the active rolls of the Association. Any member who maintains any account with the Association greater than 90 days past due is placed on the inactive list of members.

5.4.1 The board of directors shall be empowered to extend the time for payment of dues upon request from a member and for good cause shown.

5.5 Reinstatement: a member who has been dropped from the rolls, may be reinstated by the board of directors, by a majority vote, upon full compliance with the By-laws of the association and payment of all outstanding dues and financial obligations to the Association.