STATUTE X -- CHARTERS
(a) A deposit shall accompany each petition for a charter. The amount of the deposit shall be determined by the Grand Secretary-Treasurer and shall be adequate to cover the cost of the preparation of the charter.
(b) In the event no charter is granted or if there is a withdrawal of the petition, the deposit shall be returned to the person submitting it, provided no cost has been sustained by the Fraternity for its preparation. In such event, only the amount in excess of the Fraternity's expense shall be returned.
This page was last updated on:
March 26, 2014