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until financial obligations to the chapter have been met in accordance with
        the bylaws.
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        Section 6.     Alpha  Kappa  Omega  Chapter  shall  waive  the  regular
        annual chapter dues and pay the EAF dues for its current Basileus and
        Diamond Sorors (per capita, if applicable).

        Section 7.     Alpha Kappa Omega Chapter shall send annually to the
        Alpha  Kappa  Alpha  Corporate  Office  a  report  of  its  income  and
        disbursements for the fiscal year ending December 31 and a copy of the
        budget adopted by the chapter for the new fiscal year. The report and
        budget shall be submitted on forms provided by the Corporate Office.

        Section 8.     An initiation fee outlined by the Constitution and Bylaws
        of  Alpha  Kappa  Alpha  Sorority,  Incorporated  shall  be  paid  to  Alpha
        Kappa Omega Chapter by the candidates approved for initiation. Of this
        amount, a specified fee shall be sent to the Corporate Office at the time
        materials for initiation are requested. The maximum cost of initiation per
        candidate shall be as stated in the  Constitution and Bylaws of Alpha
        Kappa Alpha Sorority, Incorporated (Article VII Finances) and as stated
        in the Alpha Kappa Alpha Sorority, Incorporated, Manual of Standard
        Procedure (Finances  section).  This  amount  shall  include  the  first per
        capita tax.

        Section 9.     Any  fee  assessed  Alpha  Kappa  Omega  Chapter  by  a
        financial institution due to insufficient funds of a Soror shall be paid by
        said Soror.

        Section 10.

        A.  Alpha  Kappa  Omega  Chapter  shall  include  in  its  yearly  budget  a
            stipend to help defray the expenses of the Basileus to the boule,
            regional  conference,  leadership  conference  and  undergraduate
            round-up
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