Constitution of the Peace Region Internet Society


FORM 1

SOCIETY ACT

CONSTITUTION

  1. The name of the Society is "Peace Region INTERNET Society".

  2. The purposes of the Society are:

  3. The purposes of the Society shall be carried out without purpose of gain for its members, and any profits or other accretions to the Society shall be used for promoting its purposes. This provision is alterable.

  4. Upon winding-up or dissolution of the Society, the funds and assets of the Society remaining after the satisfaction of its debts and liabilities shall be distributed or transferred in this manner and in this order:
    1. in addition to any legal obligations in this regard, employees with more than one year's seniority shall receive a severance amount equal to 1 (one) week's wage or salary for each year of service with the Society;
    2. of any remaining funds and assets, an amount not to exceed ten thousand dollars shall be given or transferred to the Peace River Science, Technology and Innovation Council;
    3. any remaining funds and assets shall be given or transferred to the General Scholarship fund of Northern Lights College or its successors.
    This provision is alterable.

    [Sept. 1999]


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Questions, comments, and suggestions can be directed to the sysop@sun.pris.bc.ca

Last Modified: October, 1999