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f) Parliamentarian – Appointed by the Presidentand approved by the General Assembly –reappointment at the discretion of the Presidentg) Two Members - Elected for a two (2) yeartenure non renewable.The ExCo appoints an Executive Manager whoparticipate in all functions of the Society as a nonvotingex officio member.2. The General Assemblya) Members of the General Assembly with theright to vote are all the Active and FoundingMembers of the Society provided that they arenot in arrears of their annual membership duesto the Society.b) The General Assembly convenes at least oncea year.c) Elects the officers of the ExCo by simplemajority of the members present and eligible tovoted) Approves revision of the Bylaws by simplemajority at the recommendation of the ExCoby simple majority of the members present andeligible to votee) Electronic vote at the discretion of the Presidentis allowable for urgent and important mattersArticle 5. TREASURYThe Society is a “non profit” organization – Thefinancial situation (balance) is audited annually bytwo non ExCo members elected by the GeneralAssembly for a particular year. The annual financialreport is subject to approval by the GeneralAssembly.The Societies assets come from:a) The annual membership dues which aredetermined by the General Assemblyb) Donations from various sources approved bythe ExCoc) Income from scientific events.Article 6 COMMITTEESAd-hoc committees can be formed for any matter atthe recommendation of the President and approvedby the ExCo.Article 7 DISSOLUTION AND LIQUIDATIONA decision to dissolve the Society requires aresolution by the General Assembly adopted by atwo thirds majority of the members in a meeting inwhich more than half of the members are present.The Society will continue to exist after its dissolutioninsofar as this is necessary for the liquidation of itscapital.Liquidation will be effected by the ExecutiveCommittee.For the time of the liquidation these Articles ofAssociation apply as much as possible.Any credit balance of the dissolved Foundation willbe spent as much as possible in accordance with theFoundation’s objectives.After the liquidation the Foundation’s accounts anddocuments will rest for thirty years with he whowas the Foundation’s Secretary at the time of thedissolution.Article 8. Temporary administrationUntil these Bylaws become a legal document andthe first election of ExCo Officers takes place, thetemporary administration of this Society will bewith Prof Marita Eisenmann-Klein, Prof GinoRigotti, Prof Sydney Coleman and Prof AndreasYiacoumettisIssue 6 www.ipras.org IPRAS Journal 67