Shareholder Information
The OTLBC is a private, principally member-owned club. Share ownership is not mandatory but we welcome and encourage new shareholders every year. For $100, you receive one share and one vote on all matters decided by the shareholder group. You can download the shareholder form by clicking here.
Considerations for Applicants:
- Shareholders are required to maintain OTLBC membership. Shareholders who do not renew their membership after a one season absence automatically forfeit their share and the share is legally cancelled.
- OTLBC is a non-for-profit recreational company, which means that no distributions are made to shareholders. The purchase of a share should not be considered for financial reasons.
- OTLBC is organized with shareholders in order to encourage stronger member participation in the club’s longevity and reflect a commitment to its current outstanding location.