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SECTION 3. DUES REBATES TO CHAPTERS:

  1. a. Chapters will receive a dues rebate according to the following schedule and procedures:

    1. (1) No rebate will be made for introductory (no-cost) memberships.
    2. (2) No rebate will be made for individuals who select Member at Large status (no chapter affiliation).
    3. (3) Newly activating/reactivating chapters will receive a rebate of $5.00 for each regular ($45.00) membership and ($3.00) for each retired ($30.00) membership (both initial and renewal) processed for that chapter during each calendar quarter. This rebate amount will be received for the initial 24 months of the chapter’s existence.
    4. (4) Established chapters will receive a rebate of $2.50 for each regular membership and $1.50 for each retired membership (both initial and renewal) processed for that chapter during each calendar quarter.
    5. (5) All chapters will receive a rebate of $15.00 for each Small Business Proprietor-Level membership and $20.00 for each Small Business Partnership-Level membership (both initial and renewal) processed for that chapter during each calendar quarter.
    6. (6) In accordance with the rebate schedule above, a one-time rebate will be paid for each Lifetime membership. Payment of this rebate will be based on the calendar quarter in which the first payment toward the life membership is received.
    7. (7) All rebates are subject to the following provision: There must be at least one business meeting of the chapter during the quarter, and copies of the minutes and financial statement thereof be forwarded to the National Headquarters by no later than the fifth working day of the new quarter.
  2. b. Rebates will be paid by the National Headquarters within sixty (60) days of the new quarter, but only after receipt of the aforementioned minutes and financial statement. The above-mentioned documents must be received by the fifth working day of the new quarter to receive the full rebate. If the required documentation is received in the timeframes listed below the rebate will be paid as indicated:

POSTMARKED FORFEITURE
No later than the 5th working day after the end of the quarter 0%
6th working day to 30 calendar days after the end of the quarter 25%
31-45 calendar days after end of quarter 50%
45 or more calendar days after end of quarter 100%
Age 46-50: $665.00