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In addition to the Partnership Agreement, our club has found it necessary to add several by-laws, covering issues that are specific to our club. These are continually updated as they are voted on and approved  by club members. These by-laws are listed below.

1.  Annual Elections will be held at July meeting. Nomination committee will make nominations in June.

2.  For someone to become a member, she must be in recovery, must attend three meetings in a row, and must be approved for membership by a majority vote of current active members.

3.  For a current member to remain a member, she must not miss three meetings in a row without giving a reasonable explanation for her absence. She will give prior notification if unable to attend when feasible. A vote will be required to terminate membership.

4.  For members who have been active for three years, there will be a fee for leaving the club of 10% of her current capital account or $20.00, whichever is less. Current value is based on partnership agreement (see line 8).

5.  For members who have been active for less than three years, there will be a fee for leaving the club of 10% of her current capital account or $20.00, whichever is greater. Current value is based on partnership agreement (see line 8).

6.  Before a stock is purchased, there must be a presentation of (1) a completed Stock Study Guide on the stock, (2) a comparison guide comparing the stock to at least two others in the same sector of the market, and (3) a majority vote in favor of purchasing the stock. the stock must also meet all NAIC guidelines for a stock purchase. Please refer to the NAIC manual.

7.  Regular attendance at club meetings is expected. Members unable to attend scheduled meetings should notify an officer as soon as practical before meeting or after in case of emergency.

8.  Membership starts at three month application process completion. Their valuation starts after first donation and the following meeting.

9.  Minimal $10.00 monthly contribution is expected.

10. The Secretary will contact each member by phone and e-mail on the Sunday prior to the scheduled meeting on the first Saturday in each month.

11. Each member will respond to the Secretary by Wednesday of that week to let the Secretary know if they are able to attend the meeting.

12. If there is only one member available for the meeting, the Secretary will contact the President who will cancel the meeting.

13. In the event of a cancellation for/on the first Saturday, the next meeting of the WI$E Investors will be held on the third Saturday in that month.

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