Bylaws OF CENTRAL OHIO FLYERS ASSOCIATION [COFA INC]
(Revised November 2006)
ARTICLE I - PURPOSE
The purpose of this corporation (hereinafter called the "Club")
shall be to provide aircraft for the non-commercial enjoyment of club members,
and to perform any and all acts which are lawful under the laws of the State
of Ohio. BACK TO TABLE OF CONTENTS.
ARTICLE II - MEMBERSHIP
A. Qualification, Eligibility, and Initial
Investment for Membership
Applicants for membership must be of good moral character, responsible,
and financially able to meet their obligations to the Club. They must possess
or have the ability to procure all licenses, certificates or permits required
by any Governmental agency for the operation of aircraft. Applicants must complete
an application as set forth in Appendix B, and submit
an Initial Investment and Processing Fee as set forth in Appendix A. Acceptance of membership shall be obtained only through the approval
of the majority of the Board of Trustees. Should acceptance be denied, all monies,
except the processing fee, shall be returned. BACK
TO TABLE OF CONTENTS.
B. Ownership of Assets
B1. Member Share.
Each member shall be deemed to own an equal share of the
Equity ( assets minus liabilities ) of the Club.
B2. Dissolution
Valuation. In the event of the dissolution of COFA
inc., the trustees are empowered to dispose of all assets, liquidate all COFA
inc. debt, return current members initial investment as well as any of their
subsequent investment in the form of monthly assessments. The trustees will
then distribute any remaining funds equally to all active members, inactive
members and suspended members.
B3. Member Equity Value. The
Member Equity Value is calculated by taking the end of month Balance Sheet
Equity (Total Assets minus Total Liabilities) divided by the total of the
ACTIVE, INACTIVE, and SUSPENDED Members' shares.
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CONTENTS.
C.
Classes of Membership
C1. An ACTIVE MEMBER is one who is required to pay all
dues, assessments, or other charges levied against such member on a monthly
basis. Members of this class shall be entitled to operate all aircraft owned
and/or leased by the Club provided such member is qualified to operate such
aircraft and meets the minimum requirements as stipulated by the Club's
insurance provider. When an Active Member sponsors one or more Family Members,
the sponsoring Active Member is entirely responsible for all the financial
obligations due the Club by said Family Member(s).
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C2.
An INACTIVE MEMBER is an Active Member who has been put on inactive status.
Requests for inactive status shall be made to the Club President or Treasurer,
in writing or by E-mail. Inactive membership status shall become effective on
the first day of the month following receipt of such a notification. An inactive
member shall not be required to pay monthly dues. He/She shall pay any and all
assessments that other members are required to pay. The assessments may be accumulated
and paid at time of return to active member status. All inactive members will
be billed in January for accumulated assessments. Should the total amount of
the accumulated assessments equal the amount due if the member should resign,
the inactive member will be considered as a resignee. An Inactive Member shall
not have voting privileges, flying privileges, and normally will not be covered
by any flight insurance policies of the Club. For an Active Member who requests
inactive status, said member must remain on inactive status for a minimum period
as set forth in Appendix
A, unless otherwise permitted by the Board of Trustees. During the period
of inactive status, accumulated Prepaid Dry-Time shall remain intact, and will
be reinstated upon return to active status. The inactive member's Prepaid Dry-Time
is forfeited when this member requests termination as per Article II, Section
F, Paragraph 1.BACK
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C3.
A FAMILY MEMBER is a spouse of an Active Member, or an immediate
dependent of an Active Member under the age of twenty-four (24) living in the
same household. Acceptance of a Family Member shall be obtained only through
the approval of the majority of the Board of Trustees. Each family member shall
remain a member of COFA only for so long as his or her sponsoring member
remains an Active Member. Each Family Member shall be afforded the same
insurance coverage as provided to their sponsoring Active Member. A Family
Member is subject to the same rules and regulations as their sponsoring Active
Member. Upon submitting the Family Member application (Appendix
C), the sponsoring Active Member shall include an Initial Investment as
set forth in Appendix A. In addition, each
sponsoring Active Member shall pay a Yearly Fee, as set forth in
Appendix A, for each Family Member they sponsor. As each Family Member
is derivative of a sponsoring Active Member, they are not entitled to vote, not
to be provided COFA notices in their own right, and they shall schedule their
aircraft under their sponsoring Active Member. Family Members are not subject
to any benefits or distribution upon dissolution, resignation or suspension of
membership. The sponsoring Active Member is wholly responsible for any charges
incurred by the Family Member.BACK
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C4.
A SUSPENDED MEMBER is an Active Member or Family Member who has been
temporarily denied, by action of the Board of Trustees, the privilege of flying
or reserving any Club aircraft. During the period of such suspension, the
member shall be responsible for the payment of any and all normal monthly
charges. The period of suspension shall be limited to no more than sixty (60)
days. At the end of sixty days the Board of Trustees shall be required to take
further action or the member shall automatically regain Active Member status.BACK
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D.
Authorized Number of Active Members
The number of Active Members shall be limited to insure availability of
aircraft. The maximum number shall be established by the Board of Trustees, as
set forth in Appendix A.
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E. Waiting Lists
When the Authorized Number of Active Members has been reached,
two Waiting Lists shall be established and maintained by the Treasurer.BACK
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E1. Inactive Member Waiting List: When an Inactive
Member wishes to return to Active Member status, they must so indicate their
desire, in writing or E-mail, to the Treasurer. Upon receipt of this written
notice, the Treasure shall determine the date and time of receipt of the
request, and thereby place the member's name, in the order received, on the
Inactive Member Waiting List. This member may not be placed on the Inactive
Member Waiting List if they are in a delinquent status on any monies owed the
Club.BACK TO TABLE OF
CONTENTS.
E2. Prospective Member Waiting List: For a
prospective member to have their name placed on the Prospective Member Waiting
List, they must complete an application as set forth in Appendix B, then submit
that application to the Treasurer. The application must be accompanied with a
non-refundable Processing Fee as set forth in Appendix A
(Article II, Section A). Upon receipt of the application, the Treasurer shall
determine the date and time of receipt of the application, and thereby place
the prospective member's name on the Prospective Member Waiting List. Should
the Prospective Member wish to withdraw their name from the Prospective Member
Waiting List, they must so indicate, in writing or E-mail, to the Treasurer.
Upon receipt of such a request, the Prospective Member's name will be removed.
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E3. Waiting List Selection Process: When an opening
for an Active Member becomes available, the Treasurer shall begin with the
Inactive Member Waiting List, in the order of requests received. Should there
be no member's name on the Inactive Member Waiting List, or should all member's
on this list decline filling the vacancy, the Prospective Member Waiting List
will then be consulted, beginning with names in the order received.
Notification, either verbally or in writing, or E-Mail, shall be accomplished
by either the President or Treasurer. If the prospective member declines to
fill the vacancy, their name shall be placed on the bottom of the Prospective
Member Waiting List, and the next prospective member will be notified. When a
prospective member indicates that they wish to fill the vacancy, they will have
up to seven (7) days of being so notified in which to get their Initial
Investment (Article II, Section A) to the Treasurer. Should they fail to do so,
their name will be placed at the bottom of the list, and the process will
continue. BACK TO TABLE
OF CONTENTS.
E4. Waiting list publication: At any time, any
member of COFA shall be provided a copy of the current Waiting Lists upon
request.BACK TO TABLE OF
CONTENTS.
F. Termination of Membership
F1. Voluntary Termination: Members may voluntary terminate
membership by notifying the Club President or Treasurer in writing. Said
termination shall become effective on the last day of the month in which the
notice is received. Any accumulated Prepaid Dry-Time will be forfeited at this
time.BACK TO TABLE OF
CONTENTS.
F2. Involuntary Termination:
The Board of Trustees may terminate any membership by affirmative vote of not
less than five Trustees. Such termination shall take effect immediately upon
written notice to the member with an explanation of the basis for termination.
The terminated member shall return aircraft keys and Club property forthwith.
Any accumulated Prepaid Dry-Time will be forfeited at this time. Trustees have
sole discretion in determining the basis for termination. Reasons for
termination may include, but are not limited to, the following: 1) repeated
safety violations, 2) placing a Club aircraft in physical danger due to
negligence, 3) causing damage to a club aircraft that is ruled by the proper
governmental aviation authorities to be caused by pilot error, 4) allowing non
members to act as Pilot in Command of Club aircraft (except for Certified
Flight Instructors), 5) financial irresponsibility, defined as writing two or
more checks in a calendar year that are returned for insufficient funds, 6)
conviction on any criminal offense, 7)conviction for any DUI/DWI vehicular
offense. Members may not be terminated without just cause nor may they be
terminated for disagreeing with any decisions of Club officers.
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F3. Notification of Termination:
When a member is terminated for any reason, whether it be voluntary or
involuntary, the general membership shall be informed of such termination by a
notice on COFANET or other Club web site and through a notice in the next Club
billing statement. This notice shall also include the revised number of Club
members after the termination.
G.
Notice of Member Address Change: Members shall notify the Treasurer of
any address change. Until such notification is received, all notices mailed to
members as required by these Regulations shall be considered as properly served
if mailed to the same address as to which the member's monthly bill is sent.BACK
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H.
Refund of Initial Investment to Terminated Members
H1. Dissatisfaction or Change-of-Mind
Refund: Any new member, having changed their mind or having become dissatisfied,
and resigning within a time period as set forth in Appendix
A, shall be entitled to a refund as set forth in Appendix
A, minus any unpaid obligations due the club.BACK
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H2. Probationary Period Refund:
If, within the probationary time period as set forth in Appendix
A, the Board of Trustees by a majority vote elects to terminate a member,
that member shall receive a percentage, as set forth in Appendix
A, of their Initial Investment, minus any unpaid obligations due the club.BACK
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H3. Hardship Refund: Any new
member experiencing an unexpected event within a time period as set forth in
Appendix A, that creates an extreme hardship in their
remaining a member (e.g., unexpected job transfer, loss of airman medical certificate),
will have a portion of their Initial Investment, minus any unpaid obligations
due the club, refunded, as set forth in Appendix A,
upon written resignation. The resigning member must show proof of the hardship
immediately upon becoming aware that the hardship exist. The Board of Trustees
shall, in their sole discretion, determine the validity of the timeliness and
cause of resignation.BACK
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H4. Normal Refund: At the conclusion
of a time period as set forth in Appendix A, following
the termination date of a member, the Club shall, as determined by the Board
of Trustees, refund to the terminated member that portion of their Initial Investment
as set forth in Appendix A, minus any unpaid obligations
due the club. The Board of Trustees shall have authority to pay the refund in
installments, or delay the payment of the same for a reasonable period of time.
Should a member be indebted or obligated to the Club at the time of termination
of membership, the amount thereof shall be withheld by the Board of Trustees
from the amount of the refund.BACK
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ARTICLE
III - MEETINGS, ELECTIONS, CHANGES TO BylawS
A. Annual General Membership Meeting
An annual meeting of Active Members for the nomination and election of
Trustees shall be held during the month of November at the time and place
specified in the notice of said meeting as hereinafter provided.
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B.
Notice of General Membership Meetings
Written, E-Mail or verbal notice stating the time and place of the annual
meeting or of a special meeting shall be given to every Active Member either by
phone, personal delivery or by mail not less than three nor more than 30 days
before the date of the meeting. If mailed, said notice shall be addressed to
the member at the same address to which their monthly bill is sent.BACK
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C. Calling of Special General Membership Meetings
Meetings of members may be called by any of the following: (1) The
President, or in case of the President's absence, death, or disability, the
Vice President. (2) The Trustees by action at a meeting, or a majority of the
Trustees acting without a meeting. (3) Twenty-five percent of the Active
Members.
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D.
Quorum-Voting at General Membership Meetings.
The Active Members at a meeting shall constitute a quorum for such meeting
but no action required by these regulations to be taken by a specified number
of members may be taken by a lesser proportion or number. The affirmative vote
of the majority of the Active Members at a meeting shall be sufficient for the
authorization or taking of any action. Each Active Member is entitled to one
vote.
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E.
Voting via Proxy at General Membership Meetings.
There shall be no voting by proxy. Voting shall be accomplished by active
members in writing or in person. Each active member is allowed one vote.
Absentee voting shall be done in writing.BACK
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F. Trustee Meetings.
The Trustees shall meet during the month of January in each year for the
purposes of...
1. Completely reviewing all the variables in Appendix A
and
making any necessary changes.
2. Selecting/appointing Officers of the Club.
3. Determining short-range and long-range goals for the Club, and
publishing such in Appendix A.
Special meetings of the trustees may be called by the President, Vice
President, or any two (2) Trustees. A majority of the whole authorized number
of Trustees is necessary to constitute a quorum except that a majority of the
Trustees in office constitute a quorum for filling a vacancy in the Board. An
affirmative vote by a majority of the Trustees present at a meeting at which a
quorum is present shall be sufficient to take action.
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G.
Action Without Meeting
Any action which may be taken at a meeting of the Trustees, may be taken
without a meeting, upon the unanimous vote of a majority of the trustees. Said
vote may be taken by phone, electronic mail, or other manner of communication,
and entered into the records of the Club and published on COFANET or other Club
website within one week of the action.
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H. Amendment of Bylaws
These Bylaws may be repealed or amended only by a two-thirds majority vote
of the Active Members. Such action shall be taken at a General Membership
Meeting. Any ACTIVE MEMBER may propose amendments. Proposed amendments are to
be submitted, in writing, to any Trustee to be read into the minutes of the
next Trustee Meeting or General Membership meeting. Proposed amendments must be
read into the minutes of two consective meetings (Trustee or General
Membership), at least two weeks apart, the last meeting at least three weeks
prior to a General Membership meeting at which the amendment will be voted on.
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I. Amendment of Appendices
All Appendices to these Bylaws shall be reviewed and, if necessary, amended
by the Board of Trustees annually during the Board of Trustees meeting held in
January of each year, and at other times as deemed necessary.
Appendix A shall contain a listing of all values, numbers, and/or
amounts as specifically referred to within these Regulations by the phrase
"...as set forth in Appendix A." Changes to
Appendix A shall be voted upon by the Board of Trustees, with a
majority vote required for the change(s) to take place. Whenever any change is
made to Appendix A, an updated copy of the entire Appendix A,
with the effective, as well as the date of the superseded Appendix A, shall be
sent to every Active Member, with the change highlighted. Whether or not any
changes are made to Appendix A during the required
review at the January Board of Trustees meeting, a copy of Appendix
A shall be included with the monthly bills mailed each February.
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J. Minutes:
Minutes of all Trustee Meetings or General Membership Meetings
shall be published on COFANET or other Club Web site within one week of the
meeting. BACK TO TABLE OF
CONTENTS.
ARTICLE IV - TRUSTEES
A. Number and Election
All corporate powers, except those
Actions Reserved for the General Membership, in Article IX, shall be exercised
by or under authority of, and the business and affairs of the Club shall be
vested in a Board of seven (7) Trustees, three of whom shall be the President,
Vice-President, and the Past-President. The president and Vice President will
be elected at a general membership meeting held in November of each year. They
will serve in their elected position for one (1) year beginning on January 1st
of year following their successful election to office. Following the
president's year of service, he/she will serve as Past President for one year.
There are to be four (4) other elected trustees who will each serve a two (2)
year term. Two trustees will be elected at the Nov. general membership meeting.
Nominations for any of the elected positions may be made at, or before, the
general membership meeting in November. Nominations made prior to the general
membership must be in writing and sent to the attention of the current
president.
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B.
Vacancies
The office of Trustee shall become vacant upon the Trustee's death,
incapacity, expulsion, resignation, or upon acceptance of the Trustee's request
for "Inactive Member" status. A resignation shall take effect immediately or at
such other time thereafter as the Trustee may specify. Any Trustee may be
removed from office by a "no confidence" vote of a two-thirds majority vote of
Active Members. An affirmative "no confidence" vote shall require an immediate
nomination and vote by the membership to elect a new trustee to fill the
vacated position for the unexpired term.
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C.
Filling Vacancies
The remaining Trustees, although less than a majority of the whole
authorized number of Trustees, may, by the vote of a majority of their number,
fill any vacancy in the Board for the unexpired term.
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D.
Compensation of Trustees
The Trustees shall serve, as trustees, without compensation.
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ARTICLE
V - OFFICERS
A. Club Officers
The Officers of this Club shall be the President, Vice President,
Secretary, Treasurer, Chief Financial Officer, Chief Maintenance Officer, and
Safety Officer The Trustees may appoint committees or individuals as necessary
for Club operations. Such appointees may be asked to assist in scheduling,
recruiting, program development, Web site updating, newsletter editing, or
assist as airplane captains, etc. All appointees will be listed in
Appendix A.
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B. Selection of Officers
The Secretary, Treasurer, Chief Financial Officer, Chief Maintenance
Officer, and Safety Officer shall be chosen by the Board of Trustees at its
meeting held in January.
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C.
Duration of Appointment
Unless otherwise noted, each Officer shall hold office until a successor is
selected or until such officer shall resign from that office or be removed. The
Trustees shall, within thirty (30) days after any office becomes vacant, elect
a successor who shall hold office for the unexpired term and until a successor
is elected. Committee members' or appointees' terms will expire with the term
of the Vice President.
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D.
Removal of Officers
Any Officer may be removed by the Trustees with or without cause by an
affirmative vote of five (5) Trustees at any meeting of the Trustees.
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E.
Compensation of Officers
Compensation of Officers shall be established by the Trustees, with
remuneration as set forth in Appendix A. Appointees
serve without compensation except a newletter editor will receive a per issue
fee as set forth in Appendix A.
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F.
Duties of Officers
F1. President - The President shall be the chief executive
officer of the Club and shall exercise general supervision over the property,
affairs and business of the Club. He shall preside at meetings of membership
and of the Board of Trustees. He shall perform such other duties as from time
to time may be assigned by these regulations or by the Trustees. The President
shall serve for a one year term commencing on the first day of January
following the year of his/her election. The President will serve an additional
year a Past President Trustee.
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F2.
Vice President - The Vice President, in the absence or disability of
the President, shall perform the duties of the President and shall be vested
with the powers of the President. The Vice President shall serve for a term of
one calendar year commencing on the first day of January following the year of
his or her election.
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F3.
Secretary - The Secretary shall keep the minutes of the meetings of the
membership and of the Board of Trustees and record said minutes in a book
provided for that purpose and publish the minutes on COFANET or other Club
website. The Secretary shall also perform such other duties and have such other
powers as may from time to time be assigned by these regulations, by the Board
of Trustees, or by the President.
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F4.
Treasurer - The Treasurer shall perform all the billing and collections
for the member's monthly statements, shall have custody of the Club's funds,
shall keep an accurate account of receipts and disbursements, and shall track
required insurance data that must be kept up-to-date by members (e.g. medical
certificate duration, flight review endorsements, aircraft checkout
endorsements). Said Treasurer shall cause monies to be deposited in the name of
the Club in such depository as may be designated by the Trustees and to perform
such other duties and have such other powers as may from time to time be
assigned by these regulations, by the Board of Trustees, or by the President.
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F5.
Chief Financial Officer - The Chief Financial Officer shall oversee the
Treasurer and along with the Vice President and a 2nd year Trustee review COFA
books once a year, (said review to be preformed in January) reporting back to
the President and the Board of Trustees the results of said review. The Chief
Financial Officer, Treasurer, and President shall be responsible for gathering
and putting together tax forms to be filed and submitted. The CFO shall insure
that financial statements are prepared and published via COFANET or other Club
website at least every other month. Statements will include a Profit & Loss
statement, a Balance Sheet, and a statement of Cash Flows. The CFO will insure
the statements are prepared on a consistent basis from period to period.
Published financial statements will provide the basis for the Member Equity
Value.
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F6.
Chief Maintenance Officer - The Chief Maintenance Officer shall a)
Arrange for the proper maintenance of all aircraft and equipment in the
corporation; b) Be responsible for keeping proper and current engine logs,
aircraft logs, operations limitations, and all similar documents with respect
to the aircraft and equipment of the corporation; c) Be responsible for
obtaining and keeping current all registrations, airworthiness certificates,
aircraft licenses, and equipment licenses with respect to aircraft and
equipment of the corporation, and d) Make a report on the maintenance and
conditions of the aircraft at each meeting.
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F7.
Safety Officer - The Safety Officer shall accept input from club
members on safety related club issues and pass them on to the President and/or
Board of Trustees for action. The Safety Officer shall also keep watch for any
club related safety problems and pass along occasional safety reminders to the
membership. The Safety Officer shall arrange for a presentation on current and
relevant safety topics at club meetings.
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ARTICLE
VI - MONTHLY CHARGES & SPECIAL PAYMENTS
A. Each Active Member shall be responsible for the monthly
payment of the following upon receipt of a statement...BACK
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A1. Dues Charges: As set forth in
Appendix A. To the extent possible, this money shall be designated and
applied toward the non-flying expenses of running the Club.
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A2.
Equipment Assessment Charges: As set forth in Appendix
A, This money shall be designated and applied to the extent possible,
for the safety, reliability and/or utility of club aircraft.
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A3.
Prepaid Dry-Time Charges: Effective January 1, 2003, the accumulation
of new Prepaid Dry-Time is eliminated. Any unused Dry-Time balances will be
forfeited as of 12/31/05. Members may use their balances to pay for any
aircraft usage charges until 12/31/05. Accumulated Prepaid Dry-Time shall be
applied toward Aircraft Usage at Dry-Time rates. Accumulated Prepaid Dry-Time
shall not be transferable to another member. Accumulated Prepaid Dry-Time shall
not be refundable upon termination of membership.
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A4.
Aircraft Usage Charges: As set forth in Appendix A.
These "Dry-Time" charges shall be based upon Tachometer Hour usage of the
aircraft as flown by the member during the previous monthly billing cycle.
These charges shall relate to all aircraft costs except fuel. Current and
accumulated Prepaid Dry-Time will be applied toward the satisfaction of
Aircraft Usage charges.
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A5.
Fuel Usage Charges: Charges for aviation fuel consumed during the
previous month based upon the Aircraft Usage tachometer time, the monthly
cost-per-gallon fuel price as set forth in Appendix A,
and the fuel consumption rate as set forth in Appendix A.
A fuel purchase rebate program, as set forth in Appendix A,
may be applied toward payment.
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A6.
Miscellaneous Charges: Charges for pre-heats, overnight heated hangar
storage, or other non-repetitive charges which are billed to COFA at the
members request.
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A7.
Late Payment Fee Charges: AA carrying charge, as set forth in
Appendix A, will be added to any outstanding balance of the last unpaid
bill for those bills not paid by the end of the month the bill was received.
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A8.
"Non Sufficient Funds" Charges: Any check returned to the Treasurer as
"NON SUFFICIENT FUNDS" will be assessed a service charge as set forth in
Appendix A.BACK
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B. Delinquent Bills: Any Active Member not paying
his/her monthly bill and going delinquent for a period as set forth in
Appendix A, or having an unpaid balance greater than an amount as set
forth in Appendix A, will have their aircraft
reservation capability restricted as set forth in Appendix A,
and may be placed on Inactive Member status.
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ARTICLE
VII - INSURANCE, INSURANCE REQUIREMENTS, ETC.
A. Hull insurance coverage
The Club shall, at all times, carry aircraft damage insurance for the fair
market value of each aircraft as specified in Appendix A.
The deductible, as specified in Appendix A, shall be
paid by the member if the accident was caused, as determined by the Board of
Trustees, by their negligence.
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B.
Bodily Injury & Property Damage insurance coverage
The Club shall, at all times, carry Bodily Injury and Property Damage
Liability insurance with minimums as specified in Appendix A.
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C. Member Responsibility for Damage to Aircraft
The member, acting as pilot-in-command, shall be responsible for the safe
operation of the aircraft. If there is lack of agreement as to who is
responsible for the aircraft when damage occurs, the Trustees, by majority
vote, shall determine responsibility. In the event of damage to the aircraft
caused by the negligence of the member, such member shall be liable for the
damage sustained and shall be assessed the uninsured, non reimbursable cost of
repair or replacement. If any repair charges, exceeding a cost as specified in
Appendix A, are needed while the aircraft is away from home base, the
member shall contact the Chief Maintenance Officer and/or one of the Trustee's
before having the aircraft repaired.
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D.
Use of COFA Aircraft by non-members.
Use of COFA aircraft by non-members, except as provided by
special endorsement of the insurance underwriter and approved by the Board of
Trustees, is strictly prohibited.
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E. Flight Instruction of non-members in COFA Aircraft.
Members of COFA who are instructors shall NOT provide instruction to
non-members in COFA aircraft.
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F. Commercial Use of COFA Aircraft.
Use of COFA aircraft for commercial purposes is strictly forbidden (i.e.
flying for hire), as there would be no insurance coverage. However, a member of
COFA who is a Certified Flight Instructor may give instruction to, and receive
compensation from, a fellow member, for the instruction given.
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G. Flight Review, Medical Certificate, and Checkride data.
Members are required to provide to the Treasurer, copies of their check
ride endorsements, copies of their most recent Medical Certificate, copies of
their most recent Flight Review endorsements (i.e. BFR), as well as copies of
any other flight related information the Trustees deem necessary. Members who
do not have a current FAA medical certificate, or who do not have an up-to-date
Flight Review endorsement, or who have not provided copies of their check ride
endorsements, shall not operate COFA aircraft without a Certified Flight
Instructor accompanying them. Members who do not provide this data in a timely
manner, as set forth in Appendix A, will be unable
to reserve aircraft, and may lose all future reservations, unless special
arrangements have been made with the Trustees.
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H. Viewing of insurance policies.
The Club shall make available the aircraft insurance policy for member's
review, and all members shall be responsible for the provisions therein.
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ARTICLE VIII - AIRCRAFT RESERVATION PARAMETERS
A. The Board of Trustees shall insure that all members shall
have reasonable opportunity to use club airplanes by limiting aircraft use, as
set forth in Appendix A. This is to prevent any one
member monopolizing the same. Limitations may include scheduling parameters on
the reservation system which prohibits sequential scheduling or a limit on the
number of reservations that may be scheduled.
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CONTENTS.
ARTICLE
IX- ACTIONS RESERVED FOR THE GENERAL MEMBERSHIP
A.
Dissolution
must be approved by a two-thirds majority vote of the active members. The
dissolution vote is to be conducted at a General Membership Meeting.
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B.
Aircraft Sale or Purchase. The
sale or purchase of Club aircraft, in principle, must be approved by a
two-thirds majority vote of Active Members.
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