Article Index

Article X: DISSOLUTION OF THE SOCIETY

Section 1: The dissolution of the Society may only be determined at a General Meeting provided that a majority of two thirds of the eligible voting members present are in favour.

Section 2: Two liquidators will be appointed at the General Meeting to wind up the Affairs of the Society.

Section 3: Upon dissolution of the Society, all assets shall be expended for educational purposes or shall be transferred to an other Association with similar scientific and cultural aims, as decided by the General Meeting. There will not be any distribution of the assets among members beyond legitimate outstanding expenses.

 



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