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© 2007 - Wolfeboro Corinthian Yacht Club. All rights reserved. © 2007 - Wolfebor Corinthian Yacht Club. All rights reserved. Wolfeboro Corinthian Yacht Club WOLFEBORO CORINTHIAN YACHT CLUB GENERAL RULES Adopted 04/21/07 1.0 Applicability: The General Rules are applicable to the Wolfeboro Corinthian Yacht Club, Inc. ("WCYC") and the Members of the WCYC. 2.0 Definitions: 2.1 MEMBERSHIP: A membership is a single share of stock, which equals one vote. 2.2 MEMBER: A member is any individual belonging to a membership. 2.3 GUEST: A guest is an invitee of a member. 2.4 SIGNING: Any member may sign for goods or services. 2.5 CLUB: The Club is defined as the sum of its memberships. 2.6 GROUP: Group memberships are limited to small groups of individuals who share joint ownership. 2.7 BOAT SPACE: Dock, Mooring, or Dry Sail Space. 2.8 SERVICES: Those services provided to members and non-members, including, but not limited to boat repair and maintenance, boat cleaning and polishing, boat storage, launch service, dockage and mooring, dumpster use, etc. 2.9 CLUB MANAGER: A person or organization contracted by the WCYC to manage the day-to-day operations of the club’s facilities. 2.10 CLUB EMPLOYEE: A person hired by the WCYC or by the organization contracted to manage the facilities. If the person is hired by the organization contracted to manage the facilities, the Club shall have no responsibility to or for the person. 3.0 Club Membership and Membership Responsibilities: 3.1 Club membership is offered to individuals, families (including spouses, children, siblings, and parents) or groups who satisfy membership requirements. A single stock certificate will be issued for each membership. A membership must designate a person to cast a single ballot when the membership is asked for a vote. Any questions regarding eligibility for membership shall be resolved by the Board of Governors. 3.2 It is the intention of the Board of Governors ("BOG") to offer the use of the Club facilities with as few restrictions as possible. 3.3 Members using the facilities most show their membership card at the request of a Club Employee or officer. All members shall obtain membership cards by application to the Club office. 3.4 The abuse of guest privileges in order to obtain the use of club facilities by a nonmember may result in suspension of membership privileges as determined by the Board of Governors. 3.5 Members are responsible for club property, and membership accounts will be charged when members or their guests are involved in loss or damage, even when the damage is accidental. 3.6 No person may take Club property from the grounds of the Club. 4.0 Credit, Sales and Signing Privileges: 4.1 Gas, oil and Ships Store items will be sold to the public. Items sold to the public will be on cash terms or by acceptable credit card. 4.2 Non-member lines-of-credit will not be extended (reference section 4.1). Exceptions to this are creditworthy commercial customers. 4.2.1 The Club Manager may selectively extend credit to existing non-member storage and maintenance customers in order to retain their business. 4.2.2 Any delinquency in the account of a non-member will cause an immediate suspension of credit (See paragraph 4.4 below). 4.3 A member may invite houseguests to enjoy the facilities of the Club. Members who wish their house guests to have "signing privileges" (at member rates) must make necessary arrangements at the Club office. Members are responsible for their guests and for all indebtedness incurred by their guests. Guests shall obtain guest cards at the Club Office and must show these cards at the request of any employee or club officer. Houseguests will be charged the same rates for services as the rates charged to the Host Member. 4.3.1 Any person who rents or occupies a member’s property may be admitted to the privileges of the Club, including launching and hauling services, for a two-week period upon the application of the member and the issuance of a visitor's card. Such privilege will be extended to the same person only once during a six month period. 4.4 Before the tenth of each month, the Treasurer shall send notices to each membership of the amount of indebtedness to the Club. If the amount is not paid by the first day of the following month, billing for the succeeding month will include a finance charge on the previous balance, such charge to be fixed by the Board of Governors. 4.4.1 If, by the tenth day of the second month the amount remains unpaid, a notice of arrears shall be sent to that membership (Letter #1, attached), and the Treasurer shall post the name of the delinquent membership on the Club bulletin board. If by the tenth day of the third month the amount remains unpaid, the credit of that membership share will be suspended, the membership shall be deprived of the privileges of membership, and the Treasurer shall send that membership a notice of suspension. 4.4.2 The Treasurer may take such action as is deemed necessary to collect the delinquent account and the Board of Governors may, at their discretion, terminate the membership of the delinquent. (Letter #2, attached). 4.4.3 In a case where financial hardship is believed to exist, the Treasurer may exercise discretion in the collection proceedings. 4.4.4 A membership share whose credit has been suspended shall be allowed no purchases of supplies or services, for cash or credit, no guest privileges, no boat removal from storage, no boat launching, and no position on any mooring or dock space rental, or waiting list until the entire amount of his indebtedness is paid, unless this loss of privilege is waived by the Board of Governors. 5.0 Docks and Moorings: 5.1 General: Every membership is eligible for assignment of one Boat Space. 5.1.1 If a Boat Space is available after all members have been accommodated, a member may have another Boat Space. 5.1.2 The Board of Governors may set aside Boat Spaces for visiting members and guests. 5.1.3 Members will be notified by mail or telephone at least two weeks in advance if it becomes necessary to move their boats because of a scheduled Club event. The Club will be responsible for properly securing the boats moved by the Club and liable for any damage incurred as a result of these moves to accommodate these special events. 5.2 Assignment of Boat Space: 5.2.1 The Board of Governors will exercise utmost care and consideration before reassigning a membership to a new Boat Space. Factors such as length of time the membership has occupied the space, no change of boat or change to a boat with the same dimensions are examples of conditions that will be most favorable for the continued assignment of a specific space to a membership. 5.2.1.1 Assignment to a specific Boat Space does not create a right to continue to occupy that space. Assignment of Boat Spaces will be made by the BOG designee based upon the most effective use of available space to accommodate the maximum numbers of members, using the Boat Space Waiting Lists as a guide. 5.2.1.1.1 The BOG designee will implement the Boat Space assignments. 5.2.1.1.2 Assignments will not be based on fee bids by the membership. 5.2.2 The Club cannot guarantee availability of a dock space to a membership acquiring a boat with greater length or beam than the presently assigned a dock space will accommodate. 5.2.2.1 The BOG designee will determine dock space length and beam and mooring capacities. 5.2.3 If a membership is assigned a Boat Space elects temporally not to use the Boat Space , the membership make take a one-year leave of absence. The BOG designee may reassign the space temporally to another membership for the leave of absence period in accordance with paragraph 5.3.6. At the end of the one-year of absence, the original membership must either use the Boat Space or lose it. This option may be exercised once . 5.2.4 Loaning a Boat Space: A membership assigned a Boat Space may loan their Boat Space to another membership for a maximum of 14 days in any one boating season. 5.2.5 A membership assigned a Boat Space may not sell, lease, rent or otherwise make available an assigned Boat Space to another membership or a nonmember. 5.2.6 The membership may continue to use a Boat Space as long as the membership remain a member of WCYC and follows the existing WCYC’s rules. 5.2.7 Dry sail positions are available to members and non-members (individuals who are not presently a WCYC member and who may become a member in the future.) 5.2.7.1 Non-members may be assigned, if available, a dry sail position for one season only. To continue to use a dry sail position thereafter, the non-member must become a member of WCYC. 5.2.7.2 Dry sailors, both members and non-members, must comply with all WCYC’s and Club Manager’s (presently Irwin Marine) dry sail rules. 5.3 Transfer of Boat Space: 5.3.1 Boat Space at the Club is not transferable with the sale of a membership share. Exception: Memberships that were purchased by holders of real property on Lake Winnesaukee Islands for the purpose of guaranteed access to their property may transfer their right to a Boat Space provided that: 5.3.1.1 The membership must be sold through the Club to the new buyer of the Island Property at the current share price. 5.3.1.2 The new owner’s boat must not be larger than the seller’s boat (if the Boat Space is a dock) and must not require a different type of Boat Space. In any event, the transfer of a Boat Space under this rule does not necessarily entitle the new owner to occupy the same Boat Space previously occupied by the seller. 5.3.1.3 If the new owner of the property is a current Club member and has already been assigned a Boat Space, the new owner is not entitled to an additional Boat Space and the exception to the general rule will therefore not apply in such a case . 5.3.1.4 If the selling member retains Club membership, the selling member must relinquish their assigned Boat Space so that the transaction does not alter the total number of assigned Boat Spaces. Any such selling member who relinquishes an assigned Boat Space may have their name entered on the Boat Space Waiting Lists as otherwise provided in these rules. 5.3.2 Membership shares that are inherited or gifted under the WCYC By-Laws are not transferred through the club and likewise are not considered a transfer or a sale of membership for purposes of dock space or mooring assignment. The membership is considered a continuing membership. All assignment rules apply to the membership Boat Space allocation.
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