This Chapter shall procure its funds through membership dues, fees, and assessments, and through fundraising activities conducted in accordance with the Chapters governing documents.

All receipts handled for the National Fraternity, such as pledge fees, initiation fees, annual chapter assessments, and orders for supplies, shall be kept carefully segregated by adequate bookkeeping procedures so that these revolving funds may not be used by the Chapter.

At the end of each semester, and as otherwise required by the Chapter, the Chapters financial books shall be audited by the Advisory Committee and such other auditors as the Chapter may specify.

The amount, distribution and collection of dues for active members shall follow the procedures outlined in standing policy. Dues shall not be required for the term in which a member is initiated. The payment deadline for dues is the last day to withdraw from classes at the University of Kentucky unless suitable arrangements have been made with the treasurer. After this date, a $5.00 late fee will be assessed.

Each person becoming a pledge or active member shall be required to pay the appropriate Chapter and National Pledge or Activation Fee(s) before they are duly pledged or initiated.

An assessment may be levied on all active members upon a two-thirds vote at a regular Chapter meeting, provided that the proposal for the assessment has been submitted in writing two regular meetings in advance.

For the sole purpose of defraying expenses directly associated with a Chapter project or event, the Chapter may require that an activity charge be paid in order for members to participate in that project or event.

The adoption or amendment of any standing policy regarding Chapter finances requires a two-thirds vote at a regular Chapter meeting, provided that notice has been given at the previous regular meeting, or a vote of a majority of the active membership.