Sec. 68.105. FACILITIES FEE. (a) The association may charge a monthly fee for the use of its facilities to a newly commissioned branch pilot who does not tender payment for a share as required by Section 68.104(a) before rendering service as a branch pilot. The fee may be charged until the pilot pays for the share.
(b) The fee must be reasonable, uniform, and adequate to provide the association the pro rata portion of a reasonable return on investment in the assets of the association.
(c) The association may deduct the fee from collections made by the association for pilot services rendered by the branch pilot.
Acts 1995, 74th Leg., ch. 165, Sec. 1, eff. Sept. 1, 1995.
Section: Previous 68.092 68.093 68.094 68.095 68.096 68.097 68.098 68.099 68.100 68.101 68.102 68.103 68.104 68.105 68.106 NextLast modified: September 28, 2016