I went to my national conference last year (KD) and we had a discussion about all of this. They actually told us it is illegal to sell the pins (badges) because they are actually property of the National Organization, and only borrowed by the member. The pins should automatically be returned to the Nat'l Headquarters of the chapter, given to a member, given to a chapter, or guarded within the family.
I know that when a sister decides to resign from the chapter, she is required to turn in her pin, even though she payed for it. If she is no longer a member, she no longer has the right to be in possession of the pin.
It is hard to get E-bay and the like to enforce this, however. I know my sorority has sent letters, though.
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