I do hereby apply for membership in GOLDEN VALLEY GOLF AND COUNTRY CLUB, INC. and agree to promptly make the required payment due at this time.
I agree to pay all Fees and Annual Dues (Annual dues are billed and payable monthly). Club rules require that member’s accounts must be paid in full within 30 days of the statement date. Delinquent accounts may be posted and are subject to a finance charge of 1.5% per month (annual percentage rate of 18%). I agree to acquaint myself with and abide by all the Bylaws and Rules and Regulations of said Club. I have particularly been made aware that misconduct by myself, members of my family or my guests may become the basis for suspension or expulsion without refund of any charges paid by me other than payment for the Share of Stock. I agree that upon termination of my golf membership for any reason, including a transfer from golf membership to social membership, I will sell, and the Club will buy, any Share(s) of Stock owned by me at the original purchase price. In the event that I fail or refuse to surrender the certificate representing such Share(s) of Stock, the Club may upon tender of the original stock purchase price transfer such Share(s) to itself on the books of the Corporation. I also agree to give written notice of resignation and that such resignation will not be effective until notice is received by the Club’s office. If I resign or I am terminated I understand that I am obligated for dues through one of the four annual exits dates; March 31, June 30, September 30 or December 31st. Resignation requires written notice at least 30 days prior to the exit date.
In processing your application an investigative consumer (credit and background) report including information as to your character, general reputation, personal characteristics and mode of living may be made. You have a right to make a written report within a reasonable time for additional disclosure of the nature and scope of the investigation requested.