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CONSTITUTION
Building Owners and Managers Association

Inspection

40.01 All books and records of the Association may be inspected by any member
during the usual business hours of the Association, provided seven days notice
of intention to inspect is given in writing by the member who intends to
inspect. A member in arrears of payment of dues or assessment or under
suspension is not entitled to inspect.

Fiscal Year

st
41.01 The fiscal year of the Association shall be the period from January 1 to
st
December 31 .

Dues, Etc.

42.01 Annual dues payable by members of the Association shall be of such amounts
as may be determined by the Board of Directors. Dues shall be payable in
advance. On admission, members shall pay dues in advance for such periods
as the Directors shall from time to time determine, beginning with the month
of admission to membership. Dues for members shall be set and published
annually by the Directors of their respective category of membership.

42.02 The Directors may increase membership dues providing any increase in excess
of $50 in a fiscal year is confirmed by a resolution of members passed by a
majority of votes of those present at an Annual General Meeting or General
Meeting. Notice of such General Meeting shall be given in writing to each
member not less than fourteen (14) days nor more than thirty (30) days
before the meeting, and shall set out the details of the amendment. All voting
shall be in accordance with paragraph 15.01 hereof.

Waiver of Notice

43.01 Whenever any notice is required to be given under the provisions of an
applicable statute or under the provisions of these By‐Laws, a waiver thereof
in writing, signed by the person entitled to receive such notice, whether
signed before or after the time stated therein, shall be deemed equivalent to
the giving of such notice.

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