The initiation fee shall not be less than $40.00 in any Local Union of the United Association that has been organized more than six (6) months, however, the General Executive Board has the power to grant a Local Union a dispensation for a lesser fee for a period not to exceed three (3) months.

If a Local Union collects part payment for initiation, and the applicant is not heard from within three (3) weeks, the Local Union may declare forfeited the amount applicant has paid. This section shall be printed on the application card.

(a) Effective January 1, 2007, the dues of each member of a Local Union who has not reached the age of 65 by December 31, 2006 shall not be less than twenty-four dollars ($24.00) per month. The dues of each member who reached age 65 by December 31, 2006, but after December 31, 2001, will not be less than twenty-three dollars ($23.00) per month. The dues of each member who has reached age 65 by December 31, 2001 shall not be less than nineteen dollars ($19.00) per month. The dues of a new member shall commence from the date of initiation. Members initiated in any Local Union before the 20th of the month shall pay dues for that month. On and after the 20th of the month, the dues shall commence on the first of the following month.

(b) A Local Union shall increase dues or levy an assessment upon the membership by a majority vote by secret ballot after written notice shall have been given to the membership of the intention to vote upon the dues increase or the levying of an assessment. The written notice shall set forth the time and place where the vote will be taken, either at a regular or special membership meeting.

The funds or property of a chartered and affiliated Local Union may not be divided in any manner among the members, individually or collectively, but shall remain the property of the Local Union so long as seven (7) members remain in affiliation with the Local Union, and so long as the Local Union maintains good standing and remains in affiliation with the United Association.

SEC. 132. A Local Union may hold funds or property in its own name or in lawfully created holding entities, including trusts. All Local Union funds and property, whether held in Local Union accounts, trusts, holding entities or otherwise, are assets of the Local Union subject to all of the obligations of Local Unions under the Constitution and laws of the United Association.

Each Local Union shall forward to the General Office not later than forty-eight (48) hours after the last day of the calendar month, the amounts of per capita tax, plus all fees, provided for in Section 74; and the sum total of all United Association assessments upon the original cash sheets furnished by the General Office, the same to be countersigned by the President and Financial Secretary of the Local Union with seal attached, and the duplicate cash sheet to be retained by the Local Union.

Any Local Union failing to report to the General Secretary-Treasurer within forty-eight (48) hours after the last day of the calendar month shall be notified by the General Secretary-Treasurer to do so, and failing to comply within ten (10) days from such notification, the Local Union shall stand suspended from all benefits.

If the Financial Secretary of any Local Union fails to report to the General Secretary- Treasurer within forty-eight (48) hours after the last day of the calendar month, the General Secretary- Treasurer shall notify the President of the said Local Union and if the President fails to comply within fifteen (15) days from such notification, both he and the Financial Secretary of the Local Union shall stand suspended from all benefits the same to be published in the following issue of the UA Journal.

Any officer or member of any Local Union, District Council, State Association, Provincial Association or other affiliated body who (1) shall refuse to turn over the books, bills, receipts, vouchers or other records when a proper request has been made upon him, or (2) shall destroy any books, bills, receipts, vouchers or other records, or (3) shall be indebted to any affiliated body by reason of any shortage of funds, accounts, or securities entrusted to him, or (4) shall obtain money or benefits by false or fraudulent means, or (5) shall misuse the funds of any affiliated body, or (6) shall misappropriate any money or property belonging to an affiliated body, may be tried in the manner provided for the trial of offenses under this Constitution and, after being charged and found guilty, shall be suspended, expelled or otherwise disciplined. Said officer shall be permanently disqualified from holding any office or representing members of the United Association in any capacity, provided, however, that exceptions or modifications to such disqualification may be made where it is determined that unintentional mistakes or errors were made and no intent to defraud the affiliated body is evident.