ARTICLE 26


DISSOLUTION - LIQUIDATION - MERGER

  1. A decision to dissolve the ISoN shall be taken by the General Assembly at a special meeting called for that purpose. The meeting must be composed of at least two thirds of all existing members. The foregoing shall also apply in matters of merger of the Society.
  2. Should this quorum not be reached, the General Assembly shall be reconvened within 12 months. This subsequent General Assembly may make a valid decision irrespective of the number of votes represented at the meeting. In no case may the Society be dissolved unless agreed to by a simple majority of the votes represented.
  3. In the event of dissolution of the ISoN, all funds then remaining after due provision for outstanding obligations shall be donated for the promotion of research and education in the field of neuropelveology or to a non-profit associations of a medical, educational or charitable nature at the discretion of the Board. A distribution of the remaining funds of the Society among its members is excluded.