Member of society defined

For the purposes of this Act, a member of a society shall be a person who having been admitted therein according to the rules and regulations thereof, shall have paid a subscription or shall have signed the roll or list of members thereof and shall not have resigned in accordance with such rules and regulations or a person who shall have been appointed or selected to be a governor, director, trustee or members of the governing body of such society in accordance with such rules and regulations; but in proceedings under this Act no person shall be entitled to vote ore to be counted as a member whose subscription at the time shall have been in arrear for a period exceeding three months.