statute goals plan-program

I. Title

Art.1. /1/ The Bulgarian Association of Rubber Industry /BARI/, hereinafter referred to as “the Association”, is a legal entity registered under the jurisdiction of the Act of the non-profit legal entities, which members are legal entities and physical persons performing its activities in the sphere of the rubber industry as well as other organizations.
/2/ The Association is a non-profit organization for performing private benefit activities, with its own statute, sign and seal.
/3/ The Association as a noncommercial organization shall be a separate entity apart of its members and shall be liable for its obligations with its own property.
/4/ the members of the Association bear liability for the debts of the Association only to the amount of their property contributions foreseen in this statute.
Seat and Executive Address
Art.2. the Association is a legal entity with the seat and executive address – Sofia, Novi Iskar Municipality, 1 “Industrial Zone” str.
Period of Activity
Art. 3. The Association is founded without limitation of the period of its activity.

II. Purposes:

Art. 4. The Association purposes are:
To unify the interests of the juridical entities and physical persons working in the rubber branch of Republic of Bulgaria.
To organize and assist for the holding of national and international forums and exhibitions related to the problems of the rubber industry.
To unify the efforts of the scientific, industrial and commercial organizations for raising the prestige of the branch.
To assist the business activity of its members by performing scientific and marketing research.
To protect the interests of its members by proposing to the state bodies and institutions to work out and update normative documents related to the rubber production and processing activities and to present standpoints on them.
Art. 5. For achieving its main purposes the Association shall:
Establish contacts and relationship with related organizations from the country and abroad.
Organize periodical meetings of the Association members for exchange of information, for discussions on concrete themes or for meetings of the Association General Assembly.
Assist the Bulgarian producers and traders in the rubber industry to enter the international market.
Help the scientific, information and commercial cooperation with companies and organizations working in the branch.
Organize business meetings, conferences and other forums for promotion of the Bulgarian producers and traders of rubber products and for presentation of foreign producers of raw materials and goods in Bulgaria.
Publish its own newsletter (bulletin) and catalogue of the companies and specialists in the branch.

III. Property, Funds

Art. 6. To achieve its purposes the Association raises funds from:
Entrance (affiliation) fee which rate shall be voted by the Constituent General Assembly of the Association.
Annual membership due which rate shall be voted each year by the General Assembly for the current year.
Incomes from complementary activities in compliance with Bulgarian Legislation.
Donations and sponsorship.
Art. 7. The Managing Board of the Association reports yearly to the General Assembly for the incomes and spending.

IV. Membership, Rights and Obligations of the Members

Art. 8. The membership in the Association is voluntarily.
Art. 9. (1) a member of the Association can be any Bulgarian legal entity or physical person who is engaged in the production, processing, trade, scientific, research or other activity in the sphere of the rubber industry, who accepts the purposes and the statute of the Association.
(2) the legal entities perform their membership rights by legitimate representatives.
Art. 10. (1) The Association membership comes into effect upon the decision of the Managing Board of the Association.
(2) The Initial Members are the legal entities and physical persons who have signed the Constituent Protocol.
(3) Each legal entity or physical person, who desires to become a member of the Association, shall submit a written application containing information of the field of its activity and a statement that the candidate accepts the Association purposes and statute.
The candidates – legal entities, submit together with the application forms, copies of the documents for legal registration and of the decision of their managing bodies for membership in the Association.
(4) The application for admission is submitted to the Association through the Chairman or one of the members of the Managing Board.
(5) The Managing Board can take a decision for admitting of a new member or to refuse admitting of the candidate for a member of the Association.
Art. 11. The Managing Board decision for refusal of admittance of a person as a member is subject to appeal at the General Assembly of the Association.
Art. 12. (1) The membership in the Association is terminated with a decision of the Managing Board in the following cases:
Upon unilateral written notification of voluntary resignation submitted to the Managing Board of the Association
Upon expulsion of a member who violates the provisions of the Statute or misuses the property of the Association.
In case of termination of the legal entity.
In the event of dead or putting under complete disability of the physical person.
In case of termination of the Association.
(2) The Managing Board decision of expulsion of an Association member is subject to appeal at the General Assembly of the Association.
Art. 13. Each member of the Association shall have the following rights:
To participate in the management of the Association.
To elect and to be elected in the managing bodies of the Association.
To be informed of the Association activities.
To propose for discussion and to seek for assistance on the matters relevant to the performance of joint activity.
To possess the Association Statute and Badge.
To benefit from the results of the Association activities according to the provisions of this Statute.
Art. 14. Each member of the Association shall be obliged to:
Observe the Association Statute and the resolutions of the Association managing bodies.
Work and assist in achieving the Association aims.
Pay the entrance fee upon admission in the Association within terms and amount determined by the General Assembly.
Pay regularly the membership dues to the amount determined by the General Assembly.
Work for raising the Association reputation and its property growth and not to take actions contrary to its purposes and damaging its good name.

V. Structure

Art. 15. The Association’s bodies are:
General Assembly.
Managing Board.
Art.16 (1) The supreme body of the Association shall be the General Assembly which incorporates all members.
General Assembly:
Amends and supplements the Association’s Statute.
Elects and releases the Managing Board members.
Elects and releases the Managing Board’s Chairman who represents the Association.
Adopts the main guidelines and program of the Association activities.
Takes decisions for participation of the Association in commercial organizations in compliance with the enacted legislation.
Takes decisions for reorganization and termination of the Association.
Approves the report of the activity of the Managing Board.
Approves the budged of the Association.
Makes decisions regarding the amount of the entrance fees and membership dues.
Considers and makes decisions regarding claims against decisions of the Managing Board.
(2) The General Assembly is convened by the Managing Board of the Association on its initiative, or upon the request of one-third of the members of the Association. In the last case, if the Managing Board does not convene the General Assembly within one month period, it shall be convened by the court in the place where the Association is seated with a letter of request of the interested members or a person authorized by them.
(3) The Invitation must be written and should contain the agenda, the date, the time and the venue of holding of the General Assembly, as well as an indication as to who has initiated it.
(4) The Invitation is sent with a letter with advice of delivery to be clear that it is received or it is handed personally for signature to each member of the Association and it shall be placed on the announcement board in the building where the executive body of the Association is situated no later than a month prior to the announced day.
(5) The General Assembly is declared legitimate if more than one half plus one of the members are present. In case of shortage of quorum the session adjourns for one hour later at the same venue and with the same agenda and can be held regardless of the number of members who have convened.
(6) Each member of the General Assembly has the right to one vote.
The quorum is ascertained by the person who conducts the meeting against the list where he records the names of the Association members which representatives are attended. The list is signed by them, certified by the Chairman and the Secretary of the meeting and it is attached to the minutes of the meeting.
(7) The meetings of the General Assembly are conducted by the Chairman of the Association. In absence of the Chairman the meeting shall be chaired by a member of the Managing Board appointed by the Chairman.
(8) The decisions of the General Assembly are made by simple majority of the members present /one half plus one/. The decisions concerning Art.16, paragraph 1, p.1 and p.6 are made with a majority vote of 2/3 (two-thirds) of attending members.
(9) The decisions of the General Assembly are taken with open vote. Decisions are taken with secret vote only when the General Assembly takes a special decision for secret voting on concrete issue.
(10) Each member may represent no more than three members absent at the meeting by written proxy. Re-delegation is not allowed.
(11) A written protocol for holding of the General Assembly meeting is drawn up which contains the date and kind of the meeting, the agenda considered and the decisions taken as well as the number of attended Association members. The protocol is verified by the secretary appointed at the meeting and two tellers.
(12) No decisions can be made on issues not included in the agenda announced in the letter of invitation.
Art. 17. (1) The governing body of the Association is the Managing Board.
The Managing Board consists of 7 persons – members of the Association.
(2) Members of the Managing Board can be both physical persons and legal entities.
The legal entities participate in the Managing Board with their lawful representatives or with physical persons appointed by them.
(2) All members of the Association Managing Board are elected by the General Assembly.
The Managing Board members are elected for a period of up to 3 years.
The proposals for members of the Association Managing Board are made by the Association members present at the General Assembly.
Voting for each candidate-member of the Managing Board is separate.
(3) The Chairman of the Managing Board is elected by the General Assembly.
(4) The Managing Board elects from among its members Deputy Chairman and Secretary.
(5) The Association is managed and represented by the Chairman of the Managing Board
(6) The Managing Board:
Arranges the realization of the decisions of the General Assembly.
Prepares and submits a draft budged to the General Assembly.
Determinates the order and organizes the realization of the Association activities.
Prepares and submits to the General Assembly a project for budged of the Association and the manners for its execution.
Prepares and submits to the General Assembly a report of the Association activities.
Convokes the Association General Assembly for regular or extraordinary sessions when important circumstances call for them.
Appoints the liquidator of the Association.
Manages the property of the Association in accordance with the present Statute.
Performs other functions that the law or the present Statute has not consigned within the competence of the other Association bodies.
(7) The Managing Board is called for session by its Chairman at least once every three months. The Chairman is obliged to call the Managing Board for a session upon written request of at least one third of its member. If the Chairman does not call the Board for session within one-week period, each interested member of the Managing Board can call the meeting. The meeting of the Managing Board is conducted by a general rule by its Chairman and if it becomes impossible it is conducted by other member of the Managing Board.
(8) The Managing Board can take a decision only if more than one half of its members are present at the meeting.
(9) Decisions have to be taken with a majority of the attendees and decisions under Article 17, paragraph 6, p.3 and p.8 – with a majority of all members.
(10) The Managing Board can take non-attendance decisions. In such cases the protocol for the decision taken must be signed without remarks and claims by all members of the Managing Board.

VI. Representation

Art. 18. The Association is represented by the Chairman of the Association and in his absence by a member of the Managing Board written appointed by the Chairman.
Art. 19. The Association may establish its own structures around the country on regional principle. The Regional Representatives may represent the Association in their regions but they are not authorized to stand for it /i.e. to undertake rights and obligations on its behalf/.

VII. Termination and Liquidation

Art. 20. The Association is terminated:
With a decision of the General Assembly.
With a ruling of the court at the settlement where the seat of the Association is located.
Art. 21. (1) When the Association is terminated, it has to be liquidated.
(2) The liquidation is carried out by the liquidator, appointed by the Managing Board. If the Managing Board does not appoint the liquidator, the latter is appointed by the regional court where the seat of the Association is located.
(3) The distribution of the property remaining after settlements with the creditors shall be made with a decision of the Association General Assembly.
(4) Following the distribution of the property, the liquidator shall be bound to request deletion of the registration of the Association by the district court at the settlement where the seat of the Association is located.

VIII. Books of the Association

Art. 22. The General Assembly and the Managing Board of the Association keep books with the minutes of its all sessions. The minutes shall be signed by the chairmen and the persons who prepared them and both will be responsible for the truthfulness of its contents.

IX. Final Provisions

Art. 23. The regulations of the Act of the non-profit legal entities are applied for all the issues not regulated by this Statute and for the interpretation and execution of its provisions.
Art. 24. This Statute was adopted with a Decision of the General Assembly of the Rubber Industry Association at a meeting held on 24.02.2006 in the city of Sofia and it was amended with a Decision of the General Assembly held on 30.04.2007.
The list of the Association members shall be considered as an integral part of this Statute.