2021Bylaws

Bylaws (Iowa)

Subscription and the cost of Permanent Contributing Membership. There- after he is exempt from any hospital levy. (c) Remission. The temple Recorder shall promptly remit all sums received by him for voluntary permanent subscriptions to the Imperial Treasurer for deposit to the account of the Hospitals. Amend. 1967, 1976 § 332.6 Dues. Life Memberships in Temples. (a) Life. A temple may create life members, who will thereafter be exempt from the templeʼs annual dues: Amend. 2007 (1) Meritorious service. For meritorious service. (2) Longevity. When a member has paid his dues for a term of not less than 35 years. (3) Prepayment of Dues. (i) When a member who is under 65 years of age pays the temple, in one lump sum, not less than 20 times the templeʼs current annual dues, or such other age or amount as its temple bylaws state; or (ii) When a member who is 65 years of age or older pays the temple, in one lump sum, not less than 10 times the templeʼs current annual dues, or such other age or amount as its temple bylaws state, but not less than age 60. (4) Fund. All money received from life memberships shall be placed in a perpetual fund. Only the income from the fund may be with- drawn and used for the operating expenses of the temple. However, if the temple bylaws so provide, upon the death of a life member, an amount equal to the sum paid by him may be transferred to the operat- ing fund of the temple. The amount of the fund shall be reported annu- ally on the templeʼs statement of financial position. For investment purposes, the money in the fund may be placed in a common fund with other temple moneys. (5) Prerequisite Membership. In order to retain his life member- ship, a member must maintain his prerequisite membership pursuant to §323.3(a) herein, unless otherwise provided in these bylaws. Amend. 2004, 2005, 2007 § 332.7 Assessment. (a) Imperial Potentate Approval. A temple contemplating an as- sessment must first submit the proposal to the Imperial Potentate request- ing his approval. The Imperial Potentate shall receive the advice of the chairman of the Jurisprudence and Laws Committee and the chairman of the Finance and Audit Committee prior to the issuance of his decision. (b) Temple Approval. If the temple receives the written approval of the Imperial Potentate it may levy the assessment on its members, in- cluding life members, if specifically provided, for purposes general to the

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