Statutes for

INTERCULT PRODUCTIONS Economic Association

2018-03-08

 

Article 1        Name of the association

The name of the association is Intercult Productions Economic Association.

 

Article 2        Registered office of the association

Intercult productions is an Economic Association. The registered office address of the association and the board of directors of the association is in the City/Municipality of  Stockholm.

 

Article 3        Aims of the association

Intercult Productions Economic Association, below referred to as the association, is an independent production company and resource center for intercultural projects. It acts as a hub for local, regional and international cultural exchange and acts within the sphere of cultural politics on national and European levels. The aim of the association is to provide a platform for the realisation of projects and ideas, based on the initiatives, primarily of the members, but also of the board, and thereby further the financial gain and the development of skills of its members.

 

Article 4        Business profit of the association

Yielded profit is to be reinvested in the business of the association.

 

Article 5        Fiscal year of the association

The fiscal year of the association concurs with the calendar year i.e. 1 January to 31 December.

 

Article 6        Annual General Meeting of the association

The Annual General Meeting is the highest governing body of the association and is to take place within six months of the end of the previous fiscal year, no later than 30 June. Notice is to be sent no earlier than six weeks, and no later than four weeks prior to the AGM. In case of an Extraordinary General Meeting, notice is to be sent no earlier than six weeks, and no later than two weeks prior to the General Meeting. Written notice to attend is to be sent by post to the stated home address of the member. Other notices to members are sent by post, by e-mail, and posted on the premises of the association.

 

Every Annual General Meeting is to have the following items on its agenda:

Ø Opening of the meeting

Ø The establishing of, and confirmation of the electoral register

Ø Election of chairperson, secretary, and attestants

Ø Verification of the meeting having been duly called

Ø Presentation of annual report and auditor’s report

Ø Decision on the distribution of the company’s profit or loss according to the  approved balance sheet

Ø Decision on whether the board members are to be granted discharge from liability

Ø Establishment of the remunerations of the board members and auditor

Ø Election of the board

Ø Election of auditor

Ø Information concerning business plan

Ø Motions submitted by members

Ø Any other business

 

Article 7        Board of the Association and auditor

The board is elected by the Annual General Meeting. The members of the board proceed to elect a chairperson and a secretary between themselves. The association permits the co-opting of employees of Intercult Productions Economic Association at board meetings. The board is constituted by no less than three, and no more than twelve members, and no less than one and no more than six deputies. The deputies are called in the order established by the AGM.

It is the responsibility of the chairperson of the board to call meetings when necessary, with a mandatory minimum of three per annum. The meetings are to be minuted and signed by the secretary. The minutes are attested by the member of the board assigned as attestant. Members of the board have the right to have any reservations recorded in the minutes.

A quorum of more than half the members of the board and serving deputies is required for the proceedings of the meeting to be valid. It is an aim of the association that the decisions of the board are made by way of consensus.

The Annual General Meeting appoints an auditor to audit the accounts and management of the board.

The board and the auditor are elected alternately for a two-year term of office which ends at the close of the AGM.

 

Article 8        Election of members of the association

Candidates for membership of the association are natural persons who have worked on a long term basis in the business of the association, either as employees for a minimum of twelve months or as consultants on at least one project headed by the association at a corresponding level. Persons who have cooperated with the association or, in other ways, are close to the association are also eligible for membership. A written application for membership is to be submitted to the board. Membership election is to be approved by two thirds of the assembled members at the AGM. Membership is granted exclusively to candidates presumed to support the aims of the association and contributing to its development.

 

Article 9        Fee

At the latest one month after being granted membership, the member is to pay a  one-time fee of 200 SEK to the bank or postal giro of the association. The member participates with one vote at the AGM. The one-time membership fee is non-refundable on resignation and expulsion or dissolution of the association.

 

Article 10      Expulsion of member

A member who does not adhere to his/her/its duties towards the association, or who opposes the aims of the association is liable to expulsion by a majority vote of two thirds at a general meeting.

 

Article 11      Modifications to the statutes

Modifications to the statutes may be passed by a majority vote of two thirds at a general meeting excluding the instances when a majority vote of three quarters is required by the law pertaining to economic associations.

 

Article 12      Dissolution of the association

The association may be dissolved at a general meeting by a majority vote of two thirds. On dissolution, after the payment of any debts, the remaining funds are to be donated to cultural purposes proposed by the board and passed by the general meeting according to the will of the association. Members thereby voluntarily decline to demand any share of the assets.