
MACPA Member TerminatedThe
MACPA Bylaws [Article XI, Section 4(c)] provide for termination of
membership in the Association without a hearing upon the filing of a final
judgment of conviction of a felony. The MACPA was notified that member
Ronald Sherman Penegor of Iron Mountain, Mich., was convicted of felonious
embezzlement of funds. The MACPA Board of Directors approved the termination of Penegor’s membership on January 26, 2006.
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