Article 2 Membership
Section 2.1 Equity Membership . Members of the Club shall include only those persons who hold Equity Memberships in the Club. The Club has the right to sell up to 785 active Equity Memberships. Section 2.1.1 Rights and Privileges . Subject to these Bylaws, each Equity Member shall enjoy full use of the Club Facilities in accordance with the Club Regulations. All of the voting power of the Club shall be held and exercised by the Equity Members. Section 2.1.2 Charter Members . The initial group of Equity Members are designated as “ Charter Members . ” Charter Members will have the same rights, privileges, responsibilities, and obligations as Equity Members. shall mean the proprietary, assessable and voting membership(s) owned by a legal entity and issued an Equity membership(s). Each Corporate Membership may have one (1) individual designated to have the rights of an “ Equity Member ” on the entity’s behalf (the “ Named Member ”) and up to two (2) individuals designated as “ Golf Members ” and up to two (2) individuals designated as “ Social Members .” The Named Member will exercise all the Corporate Member’s voting rights. Corporate Memberships will be recorded as non-Member income. Section 2.1.3 “ Corporate Membership(s) ” Section 2.1.4 Suspension and Termination . Memberships may be suspended or terminated, and an Equity Member may resign, in accordance with applicable provisions of Section 2.6 and Article 8 hereof.
Section 2.2
Junior Golf Membership and Senior Golf Membership .
Section 2.2.1 Junior Golf Membership . The Club may from time to time authorize the issuance of Junior Golf Memberships to individuals under the age of thirty-eight (38). Junior Golf Memberships are Licenses that must be converted to an Equity Membership by the time the Member or his or her spouse or registered domestic partner first reaches the age of thirty-eight (38) or it will automatically terminate. Junior Golf Memberships are non-voting, nonrefundable, and recallable by the Club on thirty (30) days ’ notice. Junior Golf Members may not serve on the Board or Committees and will otherwise have the privileges established by the Board from time to time. Section 2.2.2 Senior Golf Membership . The Board may in its discretion offer a Senior Golf Membership to an individual who is seventy years of age or older and has been an Equity Member for more than ten years and has been approved for Senior Golf Membership by the Board in its sole discretion. Upon approval for Senior Golf Membership, the Equity Member must relinquish all refund rights and Equity Member rights, if any, and sign the Club’s then -current Senior Golf Member documents. Senior Golf Members are Licensees who have weekday golf privileges and otherwise have privileges established and limited by the Board from time to time. Senior Golf Members may not serve on the Board or Committees.
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