QUALIFICATIONS

          c.      If a REALTOR® elects to join the club as a new member after the published/announced application deadline, he/she may do so at any time during the membership year, provided that he/she pays the full year's dues and meets the qualifying guidelines at the time of the application submission.

          d.      Each new member will receive a copy of the by-laws upon receipt of application and dues.

2.       Life Membership

          a.       To obtain Life Membership, a member must qualify four (4) out of five (5) years or four (4) consecutive years. 1A REALTOR® becomes a Life Member in the year after four years of qualifying production of $2,000,000 or more.

          b.       Any REALTOR® who is currently a Life Member in another Million Dollar Club can transfer into the Howard County Million Dollar Club as a Life Member.

          c.        Life Members are not required to submit a regular performance record annually. However, an application must be submitted with the words "Life Member" written or typed on same and all requested information completed with a signature.

3.       Dues

          a.        The amount of the annual dues for each upcoming year will be announced and discussed at the October meeting. A majority vote of members present at the November meeting will affect a change in the annual dues. Quorum must be present for a vote to be taken.

           b.       Annual dues shall be used for the operating expenses of the club, including the cost of the luncheons, philanthropic contributions approved by the membership, advertising and for any other purpose that has been approved by a majority vote of members present. Quorum must be present for a vote to be taken.

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