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COFA BYLAWS
TABLE OF CONTENTS
ARTICLE I - PURPOSE
ARTICLE II -
MEMBERSHIP
A. Qualification,
Eligibility, & Initial Investment
B. Ownership
of Assets
B1. Member
Share
B2. Dissolution
Valuation
B3. Member Equity
Value
C. Classes of
Membership
C1. ACTIVE
MEMBER
C2. INACTIVE
MEMBER
C3. FAMILY
MEMBER
C4. SUSPENDED
MEMBER
D. Authorized
Number of Active Members
E. Waiting
Lists
E1. Inactive
Member Waiting List
E2. Prospective
Member Waiting List
E3. Waiting
List Selection Process
E4. Waiting
list publication
F. Termination
of Membership
F1. Voluntary
Termination
F2. Involuntary
Termination
F3. Notification
of Termination
G.
Notice of Member Address Change
H.
Refund of Initial Investment to Terminated Members
H1.
Dissatisfaction or Change-of-Mind Refund
H2.
Probationary Period Refund
H3.
Hardship Refund
H4.
Normal Refund
ARTICLE III - MEETINGS, ELECTIONS, CHANGES TO BYLAWS
A.
Annual General Membership Meeting
B.
Notice of General Membership Meetings
C.
Calling of Special General Membership Meetings
D.
Quorum-Voting at General Membership Meetings
E.
Voting via Proxy at General Membership Meetings
F.
Trustee Meetings
G.
Action Without Meeting
H.
Amendment of Bylaws
I.
Amendment of Appendices
J.
Minutes
ARTICLE IV - TRUSTEES
A.
Number and Election
B.
Vacancies
C.
Filling Vacancies
D.
Compensation of Trustees
ARTICLE V - OFFICERS
A.
Club Officers
B.
Selection of Officers
C.
Duration of Appointment
D.
Removal of Officers
E.
Compensation of Officers
F.
Duties of Officers
F1.
President
F2.
Vice President
F3.
Secretary
F4.
Treasurer
F5.
Chief Financial Officer
F6.
Chief Maintenance Officer
F7.
Safety Officer
ARTICLE VI - MONTHLY CHARGES & SPECIAL PAYMENTS.
A.
Active Member responsibility for monthly payment
A1.
Dues Charges
A2.
Equipment Assessment Charges
A3.
Prepaid Dry-Time Charges
A4.
Aircraft Usage Charges
A5.
Fuel Usage Charges
A6.
Miscellaneous Charges
A7.
Late Payment Fee Charges
A8.
"Non Sufficient Funds" Charges
B.
Delinquent Bills
ARTICLE VII - INSURANCE, INSURANCE REQUIREMENTS, ETC
A.
Hull insurance coverage
B.
Bodily Injury & Property Damage insurance coverage
C.
Member Responsibility for Damage to Aircraft
D.
Use of COFA Aircraft by non-members
E.
Flight Instruction of non-members in COFA Aircraft
F.
Commercial Use of COFA Aircraft
G.
Flight Review, Medical Certificate and Checkride data
H.
Viewing of insurance policies
ARTICLE VIII - AIRCRAFT RESERVATION PARAMETERS