Volume 109, Issue 42
Royal Gazette
8 April 2535
the association is headquartered, and the stipulations of section 82 shall apply mutantis mutandis. Upon registration by the registrar, the amendment shall become operative.
Section85.Establishing the whole board of directors of an association anew or changing a director of an association shall conform to the articles of incorporation of the association, and the association must, within thirty days from the day of the establishment or change, register it with a registrar of the locality where the association is headquartered.
If the registrar finds that any of the directors under paragraph 1 is of the standing or behaviour unsuitable for the fulfilment of the purposes of the association, the registrar may refuse to grant registration for such director. In the event that the registrar refuses to grant registration for a director, the registrar must notify the association of the reasons for the refusal within sixty days from the day the application for registration was made, and the stipulations of section 82, paragraph 2 and paragraph 5, shall apply mutatis mutandis.
Whilst the new board of directors of the association is not yet registered, if it is not otherwise designated by the articles of incorporation of the association, the former board of directors shall continue to act as the board of directors of the association until the new board of directors is registered.
Section86.The board of directors of an association operates the affairs of the association according to the law and articles of incorporation and under the supervision of the general assembly.
Section87.The board of directors of an association represents the association in its affairs relating to a third person.
Section88.All affairs carried out by the board of directors of an association remain valid, although it later appears that there was an imperfection relating to the appointment or qualification of a director of the association.
Section89.A member of an association has the right to inspect the affairs and property of the association during the office hours of the association.
Section90.A member of an association must pay the dues in full on the day he applies for membership or on the day the period of time for the payment thereof starts, as the case may be, save where it is otherwise designated by the articles of incorporation of the association.
Section91.A member of an association may resign from the association at any time, save where it is otherwise designated by the articles of incorporation of the association.
