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By Law Articles:
Article I:
Article II:
Article III:
Article IV:
Article V:
Article VI:
Article VII:
Article VIII:
Article IX:
Article X:
Article XI:
Article XII:
Article XIII:
Article XIV:
Article XV:
Operating Procedures:
Flight Limitations
Eligibility
Reservations
Responsibility
Operational Costs
Violations
Changes and Amendments
Flight Instructors
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Article XV: Surplus
- The net savings or surplus remaining after all
operating costs and other expenses have been paid shall remain in the
Corporation’s treasury for the purpose of new equipment,
contingencies, or for the purpose of reducing the hourly rates for
flying as shall be determined by the Board of Directors. The net
savings shall not be distributed to the members for their individual
use.
Table of Contents
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