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language for bylaws on withdrawing members
We want to clarify the procedure and language in the bylaws
on withdrawing members

We
 want to allow for 1 month for them to give us an account
 number, and if we don't get it, we say that we will
 transfer the securities to them in certificates and deduct
 the charge of the certificates from their withdrawal. Last
 year it was REALLY SLOW getting account numbers from
 withdrawing members, partly since we had never transferred
 securities before.

This is what we've written so far:

"The Valuation Date for a withdrawing member is the NEXT
Valuation Date after:
a. the notice to withdraw is received AND
b. we have been given a TDAmeritrade taxable account number
and her account full name to receive the transferred
securities.

"Example: a member withdraws the day before the May meeting.
Her withdrawing Valuation Date is the Friday before the June
meeting, providing we have her brokerage account number. If
we have not received her account number by xxxxx we will
purchase stock certificates to transfer and deduct the
cost/s to the withdrawing partner"

thanks, Etana and Treasurer Carol