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Volume 109, Issue 42
Page 21
Royal Gazette

8 April 2535

the board of directors shall once again convene the meeting, which shall be held within fourteen days from the day appointed for the first meeting. At this subsequent meeting, no quorum is required.

Section97.Resolutions of a meeting shall adhere to the majority of votes as the rule, save where a special majority of votes is specifically designated by the articles of incorporation of the association.

In voting, one member has one vote. If there is a tie of votes, the president of the meeting shall issue one additional vote as a casting vote.

Section98.A member may authorise any member to attend a meeting and vote thereat on his behalf, save where it is otherwise designated by the articles of incorporation of the association.

Section99.In the event that a resolution is to be passed on any matter, if the interest of any director or member of the association conflicts with the interest of the association, such director or member cannot vote on the matter.

Section100.In holding any meeting of the general assembly, if the meeting is appointed or a resolution is adopted without conforming to or in violation of the articles of incorporation of the association or the provisions of this Part, a member or public prosecutor may request a court to revoke the resolution of such meeting, but this request must be made to the court within one month from the day of adoption of the resolution by the general assembly.

Section101.An association is dissolved by any of the following causes:

(1)when there occurs a cause as designated in the articles of incorporation;

(2)if the association is established for any period of time, when such period of time ends;

(3)if the association is established for carrying out any affair, when such affairs is finished;

(4)when the general assembly resolves to dissolve it;

(5)when the association becomes bankrupt;

(6)when a registrar strikes its name off the register according to section 102;

(7)when a court orders its dissolution according to section 104.

Section102.A registrar shall have the power to order that the name of an association be struck off the register in the following events:

(1)when it appears after the registration that the purposes of the association are contrary to the law or public good morals or may be harmful to public peace or state security and the association fails to comply with the registrar's order for rectification thereof within the period of time designated by the registrar;