Section 14-3-612 - Dues, assessments, and fees

(a) A membership corporation may levy dues, assessments, and fees on its members to the extent authorized in the articles of incorporation or bylaws.(b) The amount and method of collection of such dues, assessments, and fees may be fixed in the articles of incorporation or bylaws, or the articles or bylaws may authorize the board of directors or members to fix the amount and method of collection.(c) The articles of incorporation or bylaws may provide reasonable means, such as termination and reinstatement of membership, to enforce the collection of dues, assessments, and fees.Amended by 2023 Ga. Laws 260,§ 1-1, eff. 7/1/2023.