From the RVKC Bylaws, Article III, section 2, part d.
d. The Treasurer shall collect and receive all moneys that are due or belonging to the club and shall deposit moneys in a financial institution designated by the board, in the name of the club. Expenditures of funds shall be made by the Treasurer under the authority granted by the board and/or a vote of the membership. The Treasurer shall furnish the President and Secretary each with a profit and loss statement at each meeting. The books shall at all times be open to inspection by the board and a report shall be given at every meeting on the condition of the Club’s finances and every item of receipt or payment not before reported. The Treasurer shall notify the Secretary, or Membership Chairman if one has been appointed, immediately of dues paid. It is the Treasurer’s responsibility to see that members are notified in a timely and appropriate manner when dues are due. The Treasurer shall be bonded in such amount as the board of directors shall determine. Premium for such bond is to be paid from the club’s funds.
Section 3. Dues Notification.
During the month of October, the Treasurer shall send each member a statement of the dues for the ensuing year. This may be done by a monthly newsletter, electronic mail or by first class mail. Dues are payable on or before the first day of December. Any member who has not paid his or her dues by December 31st may reapply for membership at any time after six (6) months has elapsed.