2025 MFTHBA Rulebook

14 ARTICLE VII Section 1. Membership Dues. The Board of Directors may determine from time to time the amount of the dues payable to the MFTHBA by type of membership. Every five (5) years the Board of Directors may adjust the amount of dues payable to the MFTHBA by type of membership based on the projected annual needs of the Association. Section 2. Payment of Dues. Dues shall be accrued and payable on January 1. Section 3. Default in Payment of Dues. When any member shall be in default of payment of dues for a period of 30 days the member shall thereupon be deemed an inactive member and shall not be entitled to the privileges and rights of an active member. To reactivate membership, an application fee shall accompany the membership form and dues. Such inactive member shall be reinstated as an active member with full privileges and rights immediately upon payment of the full amount due. ARTICLE VIII Section 1 . Amendments of Bylaws Any amendment, restatement or other alteration of these Bylaws proposed by the Board of Directors for adoption at an annual or special meeting in accordance with the procedures and other provisions set forth in the Missouri Nonprofit Corporation Act and these Bylaws shall thereafter be submitted to the members of the corporation for approval by means of a mail ballot and shall not be effective unless approved by at least two-thirds of the votes cast. Written or printed notices of a meeting showing location, date and time and stating the intention to alter, amend or repeal or to adopt new bylaws at such meeting is required at least thirty (30) days in advance of the meeting. Publication of the notices required by this section in the MFTHBA Journal, the official monthly publication of the MFTHBA, published at least 30 days prior to the meeting and ballots sent United States mail to each eligible voting member at their residence of record and post marked at least 30 days prior to the meeting shall be deemed in full compliance with this section.