The Board of Governors shall prescribe and regulate the use and occupancy of the club property; define the powers and duties of those involved in its activities; set standards of conduct on club property and fix and enforce penalties for the violation of these By-Laws. It may borrow money and issue promissory notes or bonds for repayment with interest and may mortgage club property as security for its debts or other lawful engagements. (For more
information about the Board of Governors, please review the DLYC By-laws in the Document Library By-laws)
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