Cagayan Valley Association of Career Executives

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Home By Laws Article 8 - 12

BY LAWS OF THE CAGAYAN VALLEY ASSOCIATION OF CAREER EXECUTIVES (CV ACE)

ARTICLE VIII - SUSPENSION, EXPULSION AND TERMINATION OF MEMBERSHIP
Section 1. Suspension, expulsion and termination of membership shall be in accordance with the rules and regulations of the association, as herein provided:

Any member may be suspended or expelled for non-fulfillment of duties as a member or for conduct contrary to the objectives or detrimental to the interest of the Association.

No member shall be expelled, suspended, or otherwise penalized without due process.  Final decision on the imposition of penalty shall be made by the Board of Directors.

Section 2. Reinstatement of Expelled/Suspended Members- Members who have been suspended/expelled shall be allowed to be reinstated upon application to the association and upon payment of membership fees and other fees that may be assessed by the Board.
ARTICLE IX - FUND
Section 1.  Funds – the funds of the association shall be derived from membership fees, annual dues and special assessments of members, gifts, or donations.

The amount of annual dues in the amount of two hundred pesos (P200) and other fees shall be determined and fixed by the Members of the Board through a resolution.

Section 2. Disbursements – Withdrawal from the funds of the association, whether by check or any other instrument, shall be signed by the Treasurer and countersigned by the President.  If necessary, the Board of Directors may designate other signatories.

Section 3. Fiscal Year – the fiscal year of the association shall be from January 1st to December 31st of each year.
ARTICLE X - CORPORATE SEAL
Section 1.  Form – The corporate seal of the association shall be in such form and design as may be determined by the Board.
ARTICLE XI - TRANSITORY PROVISIONS
For purposes of the organization, all holders of third level eligibilities, incumbent or not of third level positions, including passers of the Career Executive Officers Examination (CEOE) and of the Police Executive Service Examination (PESE) shall automatically become members of CV Association of Career Executives (CV ACE).
ARTICLE XII - AMENDMENTS OF THE BY-LAWS
Section 1.  Amendments – Any amendment or revision to the by-laws, or any provision thereof, may be proposed by 2/3 vote of the Executive Board and ratified by a majority vote of the members in any regular or special meeting duly held for the purpose.