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Charter of The Korean
- Swedish Association
March 5, 1991
- Chapter 1 General Provisions -
Chapter
1 : This
organization shall be called the Korean-Swedish Association. Chapter
2 : The
objectives of this Association are to
foster friendship and understanding
and promote academic, cultural,
economic, scientific and
technical
exchanges between the Republic of Korea and Kingdom of Sweden
at a non-governmental level. Chapter
3 : To accomplish the objectives as stipulated in
Article 2, the Association shall undertake
the following tasks:
1. Projects necessary for
fostering friendship and understanding between Korea and Sweden, 2. Study and research on economy,
societies, arts and science and culture
of
Korea and Sweden as well as publication thereof, 3. Cultural events such as
seminars and symposiums necessary for enhancement of cooperative relations
between private sectors of two countries, 4. Exchange of youths and students
between Korea and Sweden, 5. Exchanges of people in the fields
of art, culture, science and technology as
well as
to help accelerate bilateral trade and joint investments between
Korea and Sweden, 6. Other projects and programs
required for the accomplishment of objectives
of this Association. Article
4 : The head office of this Association
shall be located in Seoul, Korea. The Association may set up its
branch offices in other cities of Korea When necessary.
- Chapter 2 Membership -
Article 5 : The members of this Association shall be individuals and organizations
that
are willing to subscribe to the objectives of this Association as well its
charter. Artiale 6 :
Those desirous of becoming members of this Association shall submit the
application form and get relevant
confirmation from the Board of Directors. Artiale
7 :
Those desirous of withdrawing membership of this Association shall
submit
the withdrawal application. Artiale 8 :
Members who damage the fame of the Association shall be expelled from Association upon the decision of
the Board of Directors. Artiale 9 :
The members of this Assocition
shall enjoy the following rights vis-a-vis
the Association
1.
The
right to elect officers of the Association and right or being elected its
officers,
2. The
right to view documents relating to activities and assets of the Association, Article
10 : The
Association members shall bear the following responsibilities: 1.
The
obligations to abide by the Charter and regulation of the Association and
resolutions as adopted at the General meetings,
2. The obligations to pay dues
- Chapter 3. Officers -
Article
11 : The Association shall have Officers
comprising no more than 20 Directors and
3 Auditors. Article
12 : The Board of Directors shall elect, among
its Directors, one (1) President, Two
(2) Vice-Presidents and six (6) Executive Directors. Article
13 : The Officers of the Association shall
be elected at the General Meetings. Article
14 : The Officers of the Association shall
perform the following duties: 1. President
shall represent the Association and manage overall affairs of the
Association,
2.
Vice-President
shall assist the President in conduct of the Association and
perform duties of the President on his behalf when in the absence of
the Persident,
3.
Executive
Directors shall perform their duties under the President's directions
and shall preform their duties when in the absence of both the Persident
and Vice-president, 4.
Auditors
shall inspect the revenues and expenditures of the Association and report to the General meeting. Auditors may also attend the Board
of Directors meetings and express their views at the meetings. Article
15 : The Tenure of Officers
1. The terms of Officers of this
Association shall be two years. 2. In case of vacancy in the post
of Officers, an officer or officers may be elected by the Board of Directors. The
term of the officers thus elected shall be the remaining tenure of office
of the predecessor. 3. Officers may be reelected for
successive terms. Article
16 : The Preesident shall have his immediate
predesessor for Honorary President of the Association,
unless there are specific reasons for otherwise, upon consent of the Board of Directors.
The president may also have a few Advisors and Consultants. Honorary President,
Advisors and Consultants may give counsel at request of the President. Article
17 : The President shall recommend the Ambassador
of Sweden to Korea for Special Advisor to the Association
unless there are specific reasons for otherwise. The Special Advisor may
give counsel at request of the President. Article
18 : The Officers of the Association shall be of
honorary status.
- Chapter 4 Meetings -
Article
19 : The Association shall have Regular General Meeting,
Special General Meeting
and Board of Directors Meeting. Article
20 : The Regular General Meeting shall be
convened once a year by the President. The Special General Meeting shall be
convened by the President
when he deems it necessary or upon decision of the Board of Directors. Article
21 : When the President is intended to convene a
General Meeting, he shall notify
each member of the Association in writing of the agenda items, time
and place of the Meeting seven (7) days in advance of the meeting
date
as scheduled. Article
22 : The Board of Directors shall comprise the
President, Vice-President and directors. Article
23 : The Board of Directors shall meet in its
Regular Meeting twice a year. Special
Meeting of the Board of Directors shall be convened when the President
deems it necessary or there come requests from more than
one third of the Board of Directors. Article
24 : The President shall be the Chairman of the
General Meetings and the Meeting
of the Board of Directors,
respectively. Article
25 : More than one third of total members shall
constitute a quorum for a General
Meeting while more than one half of
Directors shall constitute a quorum
for a Meeting of the Board of Directors. However, proxies may be
used to substitute attendance. Article
26 : Resolutions of the General Meetings and
Board of Directors meetings shall be
carried by a majority of the members present.
The President shall rule,
in case of a tie. However, the
amendment of the Charter of this Association
shall require an approval of more than two thirde of the total members. Article
27 : General Meetings shall resolve the following
matters : 1. Amendment of the Charter of
the Association, 2. Election of Offiers of the
Association, 3. Review of revenues and
expenditures, 4. Report on affairs of the
Association, 5. Plans and programs of
activities, 6. Other necessary matters. Article
28 : The Board of Directors shall resolve the
following matters : 1. Annual plans and programs,
2. Budget arrangement for the
fiscal year, 3. Matters delegated to the Board
of Directors by General Meeting, 4. The enactment, amendment and
repeal of regulations necessary for administering the Association,
5. Matters to be taken up at
General meetings, 6. Levying and collecting the
membership dues, 7. Matters relating to the
admission and expulsion of membership, 8. Decisions on basic salaries,
allowances and bonuses of employees, 9. Matters relating to the
performance of duty of the employees, 10. Urgent matters
11. Other necessary mattres.
- Chaper 5 Finance -
Article
29 : The fiscal year of this Association shall
begin annually on January 01 and end
of December 31 of the year. Article
30 : The expenses of the dues,
donations, revenues and properties as resolved by the Board of Directors
to be the Association's basic assets. Article
31 : The President shall prepare the
following documents at the end of each fiscal year and submit
them to the Board of Directors and to the General Meeting : 1.
Settlement
of accounts for the preceding year and the budgets for revenues
and expenditures for the following year,
2.
Reports
on activities for the preceding year and the plans programs for the following
year, Views of the auditors shall be attached to the settlement of accounts and
reports on activities.
- Chapter 6 Additional Clause -
Article
32 : This Charter shall come into force upon
approval by the Minister of Foreigh Affairs of the Republic of Korea. Article
33 : This Association shall be dissolved upon
consent of than two thirds of the members. Article
34 : If end when a dissolution is resolved, all
of the Officers shall become Liquidators. Article
35 : Any assets left after liquidation shall be
donated to organizations of such kind
as this Association. Article
36 : Matters which are not stipulated in this
Charter shall follow precedents and
common practies. Article
37 : The term of Officers as elected at the
Special General Meeting held on November
25, 1989 shall last until the 1992 Regular Grenral Meeting. Article
38 : In accordance with the amendment of the
Article 29 of this Charter Which was
amended by the decision of Board of Directors on Feburary 21, 2002, the
fiscal year of 2002 shall begin as April 01 and end on Dec, 31, 2002.
-The End-
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