Monday, 02 February 2015
Written by WSA Race Data
Category: WSA
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§23 Dissolution of the Association
- The Association can only be dissolved through a resolution, which has been passed during a GA when at least ¾ of the members including the members of the Extended Board are present and, in accordance with the Statute, have the right to vote. A dissolution of the Association needs a 2/3 (two thirds) majority resolution.
- After the dissolution, the Board has to conclude the current business affairs.
- The GA decides at the same time with simple majority voting how to dispose of Association assets.
- When the Association is dissolved or annulled or in the event of the decline of favourable tax benefits the assets of the Association fall to a body of public right or to a tax privileged body for charitable use for animal protection.
Buchen-Hettingen/Germany
22th September 2014
Arno Steichler, Chairman WSA