ARTICLE VII

FINANCES

Section 1.

The Division is an integral component of the APA, a non-profit corporation of the District of Columbia, organized in accordance with Section 503(c)(3) of the Internal Revenue Code.

Section 2.

Dues and assessments shall be recommended by the Executive Committee and shall be decided by majority vote of the membership present and voting at an annual business meeting, or by mail ballot, as provided in Articles III and V of these By-Laws.

Section 3.

Membership dues shall be paid as provided in Article XIX, of the By-Laws of the APA. Affiliates of the Division, who are not members of the APA, shall pay annual dues, assessments, or special dues when billed by the Division Services Office of the APA. Nonpayment of dues for two years shall be considered as equivalent to request for resignation from the Division.

Section 4.

In the event of dissolution or termination of the Division, title to and possession of all of the property of the Division shall pass forthwith to the APA.

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