Section 1. The Board of Directors shall, at least thirty (30) days prior to January 1st of each year, determine the amount of dues to be charged for membership in the Club for the next succeeding calendar year and shall have said amount included in a notice and posted on all normal communication (e.g., E-News, e-mail) or in the printed media (e.g., E-Trader).

Section 2. There shall be no refund of membership dues to any person who loses his or her membership status under the provisions of Sections 4, 5, and 6 of Article II hereof.