Corporate Membership Intention to Apply

To be eligible for Corporate Membership, an organization must meet the following criteria:

• Corporate Status
  • Be a legally registered corporation, limited liability company (LLC), partnership, or other recognized business entity.
• Good Standing
  • Be in good legal and financial standing.
• Letter of Intent
  • Submit a letter of intent from the Board of Directors or the Owner of the organization confirming:
    • the desire to become a Member of the Kelowna Yacht Club, acknowledging the initiation fee, annual dues, and fees.
    • the individual authorized to represent the organization in all Club-related decisions.
    • the primary designee on the account who is responsible for
      • the addition/removal of any designee
      • agrees to receive and respond to all communications from the Club
      • be responsible and accountable for the actions of all designees and their guests
    • the financial contact for all payments, statements, or other accounting requirements
  • Business Registry Documentation
    • Provide a copy of the BC Business Registry showing the directors of the organization
• An organization that is a holding company or a trust company is not eligible for a Corporate Membership.
• All designees must be an Employee, Partner, Director, or Officer of the organization.

3. Membership Classes. Members shall be comprised of the following Membership classes:

h. Corporate Member. This class of Member is an organization that shall:

i. be eligible to hold moorage (maximum one slip) in accordance with Regulations;
ii. be entitled to all Clubhouse privileges, including eligibility to use a House Account;
iii. not be entitled to hold office or vote at any General Meeting of the Club, however may attend as an observer with no stated opinion;
iv. have up to six (6) designees who are either an employee, Partner, Director or Officer designated within the organization as the named Members to use the Clubhouse and have signing authority on a corporate House Account. Designees accept personal liability for any and all charges incurred, as prescribed by Club Policies;
v. membership includes three (3) designees, with each additional designee paying an additional fee as prescribed by Club Policies;
vi. appoint one of the designees as the “Primary Member” who agrees to receive and respond to all communications from the Club;
vii. pay any Initiation Fee and Annual Member Dues and all other fees, assessments or debts as required by Club Policies; and
viii. be responsible and accountable for the actions of their guests.

The Primary Member shall be responsible and accountable for the actions of all corporate designees, and their guests and can only be changed by delivery of written notification as required by Club Policies. Any Corporate Member designee who wishes to upgrade to Regular Member status must apply for approval to do so and, if accepted, must pay such Initiation Fee as prescribed by Club Policies.