Verein zur Förderung des Leichtbaus e.V. in Stuttgart
The name of the non-profit organisation is Verein zur Förderung des Leichtbaus e.V. in Stuttgart (Association fort he Advancement of Lightweight Structures); the registered seat is Stuttgart, Germany.
The fiscal year is equivalent to the calendar year.
Purpose and objectives
The purpose and objectives of association are strictly non-profit. These are
The association is a non-profit organisation.
Funds of the associations may only be used according to this charter. The members will receive no stipends from these funds.
No individual may be favoured by expenditure alien to the association's purpose and objectives or by disproportionally large compensation.
Any individual or corporate body supporting the association's objectives may become a member. The final decision rests with the board of directors. The membership application must be submitted in writing.
Members are to pay an annual membership, the amount to be determined by the General Assembly.
Termination of Membership
Membership may be terminated by:
The resources of the association consist primarily of:
The Executive Board consists of:
The General Assembly elects the board for a term of 3 years. Resigning members of the board remain in office until the next election.
Re-election is permitted.
The Executive Board governs the association, executes the resolutions and manages the finances.
The Executive Board, consisting of the chairman and the deputy chairman, is the legal representative of the association. Each represents the association alone.
The Advisory Board consists of at least 3 and up to 6 members, elected by the General Assembly for a 3-year-term. Re-election is permitted.
The Advisory Board appoints a chairman from its members.
The Advisory Board provides support and advice for the Executive Board.
The Advisory Board will meet as required by the chairman and on demand of at least 2 of its members.
The General Assembly will meet at least once a year. Notice of the meeting and the agenda shall be sent to all members by the Executive Board 4 weeks prior to the meeting.
The General Assembly has the following responsibilities:
Resolutions resulting from the General Assembly are to be included in the minutes of the meeting to be signed by the Chairman of the Executive Board. Resolutions are passed by a simple majority of those present. Amendments to the charter require a ¾ majority of those members present.
In case of dissolution of the association resp. abandoning of the objectives stated above the remaining funds will go to the association of the friends of the University of Stuttgart (Vereinigung von Freunden der Universität Stuttgart e.V.) to be used according to the respective purposes.
After entry in the registrar the association is to be registered with the municipal court Stuttgart. The Executive Board may make any amendments deemed necessary by the municipal court or the fiscal authorities determining the non-profit status.
28 February 1998