As in effect on August 1, 2024.
Fraternity Regulation 3.9 (Original)
POSITION STATEMENTS / Chapter Payments to National Council
Effective August 6, 1996
3.9.1. Under the National Bylaws, National Council has the power to suspend chapters and active organizations. Under the National Bylaws, National Council also has the power to recognize (and inherently to withdraw recognition from) colonies and interest groups.
3.9.2. National Council has grown increasingly concerned over the failure of some chapters to pay their obligations to National Council in a timely manner. While National Council recognizes that all chapter accounts payable to National Council are subject to a late charge of 1.5% per month, it appears to National Council that these late charges have failed to induce some chapters to assign appropriate priority to the payment of their obligations to National Council.
3.9.3. Beginning with the 1996-97 academic year, any chapter having an outstanding balance due National Council in excess of twenty percent (20%) of its predicted annual national fees (National Active Fees, Pledge Fees, Initiation Fees and National Meeting Reserve fees) for more than sixty days will be subject to the following sanctions:
- At sixty days, eligibility to participate in any national awards programs shall be suspended. Such programs shall be deemed to include Chapter Performance Award, Summit Award, Scholarship awards, Publication awards, and individual awards such as Triangle Fraternity Education Foundation loans and scholarships.
- At ninety days, the chapter, colony or interest group shall be placed on probation and permission to initiate new members shall be withheld or withdrawn. In order for the probation to be lifted, the chapter shall be required to pay the entire balance due National Council and submit a current balance sheet, and aged accounts receivable and accounts payable reports.
- At one hundred twenty days, the National Treasurer shall refer the chapter's status to National Council with a recommendation on suspension of the active organization.
3.9.4. The amount of predicted annual national fees for each chapter shall be determined by multiplying the total number of active members and pledges as shown by the National Secretary’s records as of the end of June of each year by $100.00.