Cuban-American CPAs


	Bylaws

Article I

Article II

Article III

Article IV

Article V

Article VI

Article VII

Article VIII

Article IX

Article X

ARTICLE IV

SUSPENSION AND/OR TERMINATION OF MEMBERSHIP

Section 1 - Regular Members

a. FOR NON-PAYMENT OF DUES AND/OR ASSESSMENTS. Any member who shall be in default in payment of the annual dues and/or assessments for a period of six (6) months after the same become payable, shall be suspended automatically from membership. During the suspension period, a suspended member shall not be permitted to hold any office in this Association, to attend any meetings, or to exercise any of the privileges of membership. Payment by a suspended member of the dues prior to the expiration of a twelve (12) month period after such dues have become due and payable, shall automatically restore the suspended member to full membership and to all the right, privileges and prerogatives thereof, except his/her right to hold any office until the following election. Any member in default for a period of twelve (12) months will be dropped from the membership roll.

b. For Other Causes

i. Whenever in the judgment of the Board of Directors, a member shall cease to possess the eligibility qualifications set forth in Article II hereof, the Board of Directors by a majority vote of its members, may suspend, terminate and/or cancel the membership, whereupon said member shall be notified of such suspension, termination and/or cancellation in writing, and may request, in writing a hearing before the Board of Directors within ten (10) days after receipt of such notice.

ii. The Board of Directors may, after a hearing, suspend or expel any member for grossly unprofessional or immoral conduct, or for any action or conduct grossly inconsistent with, or inimical, or injurious to, the purposes of this Association, provided, however, that a copy of the charges made against the member, together with written notice of the time and place of hearing thereof by the Board of Directors, shall have been served upon the accused member at least fifteen (15) days prior to said hearing, and provided further, that the accused member may have full opportunity to be heard in the member’s own defense before said Board. A majority vote by the Board of Directors shall be required for suspension and a two-thirds (2/3) vote shall be required for expulsion.

Section 2 - Associate Members

a. FOR NON-PAYMENT OF DUES: Any associate member who shall be in default in payment of the annual dues for a period of six (6) months after the same have become due and payable, shall be suspended automatically from the Association. Payment by a suspended party of the dues prior to the expiration of a twelve (12) month period after such dues have become due and payable shall automatically restore the suspended party to his/her previous status. Any associate member in default for a period of twelve (12) months, will be dropped from the Association.

b. FOR OTHER CAUSES: Whenever in the judgment of the Board of Directors, an associate member shall cease to possess the eligibility qualifications set forth in Article II hereof, the Board of Directors, by a majority vote of its members, may suspend, terminate and/or cancel his/her participation in the activities of the Association to which said party was entitled whereupon said party shall be notified of such suspension, termination and/or cancellation in writing.

The Board of Directors may suspend or expel an associate member for grossly unprofessional or immoral conduct, or for any action or conduct grossly inconsistent with, or inimical, or injurious to the purposes of this Association.

A majority vote by the Board of Directors shall be required for suspension and a two-thirds (2/3) vote shall be required for expulsion.

Section 3 - Student Members

a. FOR NON-PAYMENT OF DUES: Any student member who shall be in default in payment of the annual dues for a period of six (6) months after the same have become due and payable, shall be suspended automatically from the Association. Payment by a suspended party of the dues prior to the expiration of a twelve (12) month period after such dues have become due and payable shall automatically restore the suspended party to his/her previous status. Any student member in default for a period of twelve (12) months, will be dropped from the Association.

b. FOR OTHER CAUSES: Whenever in the judgment of the Board of Directors, an student member shall cease to possess the eligibility qualifications set forth in Article II hereof, the Board of Directors, by a majority vote of its members, may suspend, terminate and/or cancel his/her participation in the activities of the Association to which said party was entitled whereupon said party shall be notified of such suspension, termination and/or cancellation in writing.

The Board of Directors may suspend or expel a student member for grossly unprofessional or immoral conduct, or for any action or conduct grossly inconsistent with, or inimical, or injurious to the purposes of this Association.

A majority vote by the Board of Directors shall be required for suspension and a two-thirds (2/3) vote shall be required for expulsion.

Section 4 - Reinstatement: All suspended members shall automatically be reinstated at the expiration of the suspension period. An expelled member may petition for readmission after one year following his or her expulsion and may be readmitted to membership upon a favorable vote by a majority of the Board of Directors, and payment of the initiation fee and dues.
Section 5 - The Certificate of Membership must be surrendered to the Executive Committee immediately upon termination of membership.

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