|
ARTICLE 15. DISSOLUTION
15.1
A decision to dissolve LES Scandinavia shall require a majority of two thirds of the Members present in person at a General Meeting and the majority shall represent at least fifty (50) per cent of the registered members of LES Scandinavia.
15.2
Should the required majority of two thirds have been obtained but was the absolute number of votes below the requirement of Article 15.1 above, then the Board shall immediately convene an Extraordinary General Meeting at which Meeting a simple majority of those present in person may decide on the dissolution of LES Scandinavia.
15.3
In case of the dissolution of LES Scandinavia its assets shall be distributed to an educational institution of common interest to the Scandinavian countries selected by the General Meeting deciding the dissolution.
Back |
|
|