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        <description>3.01 Member Accounts

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3.01.01


A Member’s financial obligation to their House is the House Charge which is defined by their House Budget and may be adjusted by fines and credits issued by their House.

3.01.02


A Member’s financial obligation to the SHC is the Assessment defined by the SHC Budget and may be adjusted by fines and credits issued by the SHC.</description>
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        <description>3.02 Outstanding Balance

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3.02.01


New Section of Code: To Be Written




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title_03</description>
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        <description>3.05 House Accounting

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3.05.01


Every month, a House is responsible for paying the SHC a monthly portion of Assessment assuming maximum occupancy according to House Occupancy.

3.05.02


The SHC will send a final Member Account Charge Sheet to the House Treasurer at least three days prior to the start of each month for posting conspicuously in the House. This sheet will show all charges and payments for that month, as well as the balance due for each Member for the upcoming month.</description>
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        <description>3.06 Use of SHC Net Savings

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3.06.01


SHC may only use its net savings in the following ways:

	*  a. Allocate or distribute them to all current members or patrons, in proportion to their patronage.

	*  b. Retain them for actual or potential expansion of its services or the reduction of charges to its patrons.</description>
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        <description>3.12 Budgets

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3.12.01 – HOUSE ROUTINE MAINTENANCE BUDGET


	*  a. A House Budget must include at least 1.5% of Single Assessment for each Member everynmonth for House Routine Maintenance.

	*  b. Each House is responsible for using their House Routine Maintenance budget for the upkeep of the House and House possessions. This money may not be used to pay utility bills or othernunrelated House expenses.</description>
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        <description>3.13 Shares and Dues

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3.13.01


The SHC Member Share shall be equal to one month of Single Assessment at the date of contract signing. Members in good standing shall have their shares returned to them, provided that no charges have been incurred as a result of other policies.</description>
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        <description>3.16 Bad Debt Policy

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3.16.01 – DELINQUENT MEMBER ACCOUNTS


	*  a. If a payment bringing a Member down to a balance of no larger than $100 has not been received by the 6 th of the month, a Notice to Quit to Recover Possession of Property will be sent to that person.</description>
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        <title>policy_documents:code_of_operations:title_03:title_03</title>
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        <description>Title 3: Finance

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3.01 Member Accounts

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3.01.01


A Member’s financial obligation to their House is the House Charge which is defined by their House Budget and may be adjusted by fines and credits issued by their House.

3.01.02</description>
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