Payment of the Membership Bond Fee as of 2023
The current Bond Fee of $400 can be paid in full after the acceptance of this application, or the applicant(s) can select
one of the two extended payment plans for the fulfillment of the bond payment.
Bond Payment Plans
- Payment in Full: A single payment of $400 submitted after the acceptance of this application. (The entire amount is refundable
according to RHSC Bylaws and Operational Procedures.)
- Summer Payment Plan: You may pay your bond in installments if you choose.
The first payment of $200 is due with the acceptance of this application. A late fee of $50 will be assessed for payments received after April 15. Membership is subject to termination for non-payment on opening day.
After full payment is received, the entire bond amount is refundable according to the RHSC Bylaws and Operational Procedures.
If a member resigns from RHSC before full payment of the bond is received, the member acknowledges that the bond will be forfeited,
and no refund is available.
REFUND POLICY: The amount paid for the bond is fully refundable when a member resigns,
less any outstanding fees owed RHSC. A member must resign by April 15th to receive all remaining bond owed.
According to the Rolling Hills Swim Club By-laws (Article III, Sec. 9), there may be a delay in re-funding a bond if the membership
of RHSC is below the maximum membership. Additionally, if member does not pay the annual Membership Fee, the membership and bond refund
will be forfeit.The full By-laws can be found on our website at "www.RollingHillsSwimClub.org".
Please acknowledge that you have read the following excerpts from the Bylaws
"Section 9: A member may resign from the Corporation at any time provided that such member submits a resignation in writing,
includinghis/her membership number for cancellation, to the Board. Annualdues must be paid by the required date for the current operating year
until the written resignation has been submitted. Refunds of dues already paid are covered in Section 1 of Article V. The Full Membership Bond
of members with full membership will be refunded according to Section 13 of Article III. A member with full membership who resigns thereby
cancelshis/her membership, renounces all claim upon the Corporation, and is no longer eligible to vote."
"Section 13: Upon approval by the Board, the Corporation shall refund to a member whose membership has been canceled for any reason,
that member's Full Membership Bond,if a full member,and a portion of the annual dues as determined under Section 1 of Article V,
after deducting all indebtedness to the Corporation, with the following provisos:
- The Board may require that the membership vacancy created by this cancellation be filled prior to the refund.
- No Full Membership Bond shall be redeemed if the Board determines to do so may cause the Corporation to become insolvent or may place
the Corporation in a precarious financial position.
- In the absence of information to the contrary, the refund will normally be made to the person or persons reflected in the Corporation's
membership database. If there is some question as to whom the payment should be made because of changes in family status, the refund will be made,
in priority, to the spouse remaining in the residence, or to the persons named in Corporations membership database."