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Motion for Termination of ACIPS passed by Extraordinary Assembly (07-01-2016)

Motion for Termination of ACIPS passed by Extraordinary Assembly2
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  • acips@acips.ba
    To:acips_alumni@googlegroups.com
    Jan 7, 2016 at 11:44 AM
    Dear Alumni,

    Following the ACIPS extraordinary assembly held on the 22nd October 2015,
    to which all were invited to participate, either in person or via Skype,
    we the Steering Board, write to inform you that the resolution to
    terminate ACIPS was passed unanimously by those present (Arts. 42 and 21
    of the Statute).

    In accordance with Chapter XVI of the Statutes, ‘Termination of the Work
    and Status of the Assets,’ the extraordinary assembly then authorised the
    implementation of a liquidation plan to be conducted by the liquidators
    thereby appointed.

    After all legal obligations have been paid, the extraordinary assembly
    finally decided that any remaining funds of the association would be
    granted to a proposed new initiative currently under discussion for ERMA
    Alumni or failing its formation, an association of similar purpose and
    value such as the Global Campus Alumni, of which ACIPS is a member.

    We thank you for your understanding in the conclusion of this process,

    The Steering Board


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