Stock Purchase

This is a one-time payment that will change your account into a stockholding membership.  Stockholders receive discounted annual dues, discounted guest pass rates, and voting privileges.  Stockholders may temporarily assign their stock to renters of their property or permanently transfer the stock to the purchaser of their property or the adult descendant of a deceased member.

Stock vests over a five year period.  If, after the third anniversary of stock ownership, if the stock is listed for sale in accordance with the procedures as listed on the website and sells to a Limited member, the pool will reimburse the original owner based on the number of years owned: After the third anniversary of ownership, one third of the then-current value of the stock.  After the fourth anniversary of ownership, two thirds of the then current value of the stock.  After the fifth anniversary, the full current value of the stock.