Purpose:
• To provide clear direction on the setting of Annual Membership Renewal Fees and what is to be included in the fee in accordance with CMMOTA Bylaw 3.3..
Policy:
1. Membership Renewal Fees shall include the costs for annual membership and the cost of the standard professional liability insurance for each category of membership.
2. Membership Renewal Fees do not include additional insurance fees for optional modalities coverage that are available through the Association’s insurance broker. Additional insurance fees for optional modalities coverage shall be added to the member’s Renewal Invoice.
3. If a member is required to obtain insurance from another broker outside of the Association’s regular insurance broker, the cost of the standard professional liability insurance provided through CMMOTA shall be deducted from the member’s Membership Renewal Fee invoice.
4. The Board of Directors shall, by Motion, set Membership Renewal Fees for the next calendar year no later than September 30 and the Membership Renewal Fees shall be published by Administration to the Membership by email and in the Current Fee Schedule within 10 days of the decision.
5. The Board of Directors shall, by Motion, set the deadline date for payment of Membership Fees, no later than September 30 and the deadline shall be published by Administration to the membership at the time of invoicing of the Membership Renewal Fees.
6. The Board of Directors shall, by Motion, set the Administration Fee to Process Renewals past the Deadline for the next calendar year, no later than September 30 and Administration shall publish this fee to the Membership by email and in the Current Fee Schedule within 10 days of the decision.
Original Date of Policy Adoption: September 13, 2023
Date of Last Policy Revision: September 20, 2024
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