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lalce or some other structure requiring au�mentation. Eacb such structure shail be consideTed <br />equivalent to a well for purposes of mambership. <br />The rights and obligations relati.ng dzreetly ta augmentation for rhe wells, gravel pits <br />or other strucfures xequiring augmentation of non-sharehaIder members shalt be established by <br />written contra.ct between the non-shareholder and the corparaxion. Niembers who rent stock rath�r <br />than owr i�..shall'�e ���,.ed as si�ara�,olders far augmenta.tion purposes, upon submitting acceptable <br />proof af the rental of snch stock. <br />The Board of Directors may add, delete, or revise membership classes and #he rigb.ts <br />and ohligations assaoiated therewith from time to time by amendment of these bylaws. <br />Section 3. Dnes and Fees. The corporation sha11 assess menibership dues and <br />fees. The Boazd of Directors shall determine the amount of proposed membersiup dues and fees <br />each year and shall present said proposed dues and fees to the membersI�ip for approva.I at any annual <br />meeting ar special meeting called for that gurpose. Membership fees and dues require the approval <br />of a majority of a quorum of all members entit�ed to vote present at the meeting or by proxy. Dues <br />and fees shall becc}me due ti�irty (30) days after the date of billing, The Secretary shall give written <br />no�ice to each member of the amou.nt of dues and fees aud the time when the same witl be due, <br />which notice shall be given by delivering the same personally to each m�mber or mailing the same <br />to the address of the member as shown by the baoks of the corporation. <br />Sec�:an 4. Trans�er of Membershi�. :�ny membersliig in this corporation ma.y <br />he transferted with approval of fihe Boazd ofDirectoxs ia accordance with these bylaws and auyruies <br />as may be determ.ined from time �o time by the Board of Directors. <br />Sectian 5. Sus�ension and TeTmination ofMembershin. Any membership in this <br />corporation m.ay be suspended or terminated for nan-payment of dues or non=compliance with the <br />conditions of inembership or the association's plan for augmentation. Dues ttot paid by March 1 of <br />each year wiil res�tlt in suspension of that m�mbership. AIl rights attenda�nt to me�mbership slzall be <br />su�pended. Renewal of a suspended nnembershig shall require tlze payment of a 20% penalty in <br />addition to payment of dues. The procedure £ar terinination sha11 include, at a minimum: <br />A. I�Tot less than tlurty (30) da.ys prior written notice to the member of the <br />termination and the reasons therefoz; <br />F3. A.n opportunity for the member to be heard, orally or in writing, not less than <br />ten (10) days before the ef�ective date of the tennination; and <br />C. The non-payment af dues for one year sha11 result in termination of <br />membership. I£the dues for the delinquent yeaz are gaid together with a 20% <br />penalty and the dues for the next year, that meinbership shall be reinstaYed. <br />If.a membership is not reinstaxed prior �o Ivlarch 1 of the year fallowing the <br />original non-payment, that membership sha11 be terminated and any <br />application for a membership foz that weil shall be treated as a new <br />apglication for membership. <br />