Page 1 Page 2 Page 3 Page 4 Page 5 Page 6 Page 7 Page 8 Page 9 Page 10 Page 11 Page 12 Page 13 Page 14 Page 15 Page 16 Page 17 Page 18 Page 19 Page 20 Page 21 Page 22 Page 23 Page 24 Page 25 Page 26 Page 27 Page 28 Page 29 Page 30 Page 31 Page 32 Page 33 Page 34 Page 35 Page 36 Page 37 Page 38 Page 39 Page 40 Page 41 Page 42 Page 43 Page 44 Page 45 Page 46 Page 47 Page 48 Page 49 Page 50 Page 51 Page 52 Page 53 Page 54 Page 55 Page 56 Page 57 Page 58 Page 59 Page 60 Page 61 Page 62 Page 63 Page 64VAST 2016 REVISED BYLAWS 51 b) The individual or entity offering a snowmobile for commercial operation provides VAST with proof of insurance naming VAST as an additional insured. The insurance policy shall further indicate that VAST shall be provided with 30 days written notice prior to the cancellation of the policy. The VAST Board of Directors may develop alternative TMA categories, incentives and/or price structures that may include but not be limited to: a) Incentives to promote Volunteerism b) Incentives to promote early purchase c) Incentives to promote family snowmobiling d) Multi-day Trail passes e) A one time TMA for any antique snowmobile that is legally registered with any state or province as an antique snowmobile. f) An annually renewable vintage TMA for snowmobiles allowing trail use in accordance to state statutes and VAST policies. Section 2 The Board of Directors shall set annual TMA fees/dues for this Association. They shall be based upon a budget approved by the membership, voted on at the Annual Meeting and approved by a two-thirds (2/3) majority vote of the delegates present. (a) The Board of Directors shall set a Commercial TMA fee/dues annually. A portion of the fee/dues equal to that of a resident an In-State Regular Season TMA shall be used to defray budget expense. The balance shall be distributed by the VAST Trails Administrator to the local impacted clubs or individuals whose duty it is to maintain and groom trails in that area. Funding will be distributed as outlined in the VAST Trails Policy Manual. (b) Complimentary TMA - At the discretion of the Executive Director and/or the Board of Directors a complimentary, limited duration, TMA(s) may be issued to visitors to facilitate their stay in Vermont. Section 3 The fiscal year of the Association shall be from October 1st thru September 30th. Each club shall remit TMA fees/dues IN A TIMELY MANNER. EARLY BIRD reconciliation by January 7th ; Regular season at minimum by the February 15th , and March 31st with final membership reconciliations postmarked on or before May 1st. Clubs submitting membership reports after May 1st may be required to pre-pay memberships for the following year, but will have grooming contracts, construction grants or equipment grants held until information is provided accounts have been reconciled. ARTICLE IV. MEMBERSHIPS Section 1 Individual Memberships shall be open to any club affiliated individual upon receipt of their dues and signifying their intention to abide by the by-laws of the Association. a) Individual TMA/Membership is 16 years of age or older.