BYLAWS
CHAPTER I GENERAL PROVISIONS
Article 1: Denomination and nature
With the denomination of “ASOCIACIÓN Basic Hemps Royals Club” was constituted in MALAGA (MALAGA), on the 20th of NOVEMBER 2023, an organization of associative nature and non-profit, under the protection of the provisions of Article 22 of the Spanish Constitution, in the Organic Law 1/2002, of March 22nd, regulating the Right of Association and other provisions in force dictated in development and application of that law, in the Law 4/2006, of June 23rd, of Associations of Andalusia, as well as in the concordant normative dispositions.
The regime of the Association shall be determined by the provisions of these Bylaws.
Article 2: Personality and capacity
The Association has its own legal personality and full capacity to act, being able to carry out, consequently, all those acts that are necessary for the fulfillment of the purpose for which it has been created, subject to the provisions of the legal system.
Article 3: Nationality and domicile
The Association that is created has Spanish nationality.
The registered office is located at CALLE CUARTELES, Nº66 GROUND FLOOR, DOOR 3 of MALAGA (MALAGA) with CP: 29002 and to be so stated for all purposes.
The change of address shall require the agreement of the General Assembly, called specifically for that purpose, and the modification of these Bylaws.
The resolution of the General Assembly shall be communicated to the Register of Associations within one month, and shall only produce effects, both for members and third parties, from the time of registration.
Article 4: Scope of action
The territorial scope in which the association will mainly develop its activities is REGIONAL, territorial scope of Andalusia.
Article 5: Duration
The Association is constituted for an indefinite period of time.
CHAPTER II OBJECT OF THE ASSOCIATION
Article 6: Aims
The purposes of the Association shall be the following:
a) MEDICINAL AND THERAPEUTIC PURPOSES.
b) USE AND LEGALIZATION OF THE CANNABIS
c) PROVISION OF THE MAXIMUM INFORMATION TO THE MEMBERS.
d) TRAINING AND RESEARCH ACTIVITIES.
e) WORKSHOPS ON AWARENESS OF USE AND STANDARDIZATION.
f) GASTRONOMIC ACTIVITIES AND ORGANIZATION OF EVENTS.
“IT IS EXPRESSLY STATED THAT THE ASSOCIATION DOES NOT HAVE AS ITS OBJECT ACTIVITIES OF CULTIVATION, PROCESSING, TRAFFICKING, PROMOTION, ENCOURAGEMENT OR FACILITATION OF ANY CONSUMPTION OF TOXIC DRUGS, NARCOTICS OR PSYCHOTROPIC DRUGS THAT DO NOT FALL WITHIN THE CASES EXPRESSLY AUTHORIZED BY THE CONVENTIONS AND ADMINISTRATIVE REGULATIONS IN FORCE IN SPAIN”.
“Rather, the aim of the association is to create a safe space where the correct and legal use of cannabis is shared and granted in order to do our bit for enlightened and responsible fellow citizens. So as to ensure respectful behavior towards others and not to disturb them. But for us it is at least as important that we help prevent abuse and counteract it through education and support.”
And to achieve this, the following activities will be carried out:
LECTURE SERIES
CULTURAL AND EDUCATIONAL EVENTS AND ACTIVITIES
COURSES AND LECTURES OF DIRECT INFORMATION
COEXISTENCE ACTIVITIES
CHAPTER III GENERAL ASSEMBLY
Article 7: General Assembly
The supreme governing body of the Association is the General Assembly, composed of all the members.
It adopts its resolutions by the principle of majority or internal democracy and shall meet at least once a year.
The Assemblies may be of an ordinary or extraordinary nature, and shall be convened in the manner indicated in these Bylaws.
Article 8: Convocation
The Assemblies shall be called by the person holding the Presidency, at his/her own initiative, by agreement of the Board of Directors or by request of a number of associates of not less than 10%.
– Once the Board of Directors has agreed to call a General Assembly, the person holding the Presidency shall call it within a maximum period of fifteen calendar days from the adoption of the agreement. At least fifteen calendar days must elapse between the call and the date set for the holding of the Assembly.
– The request for convocation made by the members shall contain the agenda of the meeting, and shall attach the documents or information necessary for the adoption of the resolutions, provided that such documentation or information is to be taken into account for this purpose.
The request shall be submitted to the Secretary of the Association; once stamped, a copy shall be returned to the applicant.
The person in charge of the Secretariat of the Association, after verifying the formal requirements (number of members, call and documentation, if applicable), shall immediately inform the Presidency, so that, within fifteen calendar days of its presentation, it may call the Assembly to be held within thirty calendar days of the request. If the request lacks the formal requirements, the person in charge of the Secretariat shall consider it as not having been formulated, proceeding to file it and notifying the associate at the top of the list or signatures.
If the person holding the Presidency does not call the Assembly within the terms established in the preceding paragraph, the promoters shall be entitled to proceed with the calling of the General Assembly, expressing such extremes in the call, which shall be signed by the person heading the signatures or list of the request.
Article 9: Form of the call
The call made by the persons entitled to do so, in accordance with the provisions of the preceding article, shall be communicated and posted on the notice board, if there is one, fifteen calendar days prior to the holding of the General Assembly.
The notice shall contain the agenda, as well as the place, date and time of the meeting on first and second call.
The necessary documentation and information to be taken into account for the adoption of the resolutions shall be made available to the members at the Secretariat of the Association, at least fifteen calendar days prior to the holding of the Meeting.
Article 10: Ordinary General Assembly
The ordinary General Assembly shall be held at least once a year within the four months following the close of the fiscal year, in order to deal with the following items on the agenda:
1. Reading and approval, if applicable, of the minutes of the previous session (whether ordinary or extraordinary General Assembly).
2. Examination and approval, if applicable, of the accounts of the previous fiscal year.
3. Examination and approval, if applicable, of the Budgets for the fiscal year.
4. Examination of the report of activities and approval, if applicable, of the management of the Board of Directors.
5. Approval, if appropriate, of the Program of Activities.
Article 11: Extraordinary General Assembly
For the adoption of any resolution other than those mentioned in the preceding article, an Extraordinary General Assembly shall be called and, specifically, to deal with the following:
1. Modification of the by-laws.
2. Dissolution of the Association.
3. Appointment of the Board of Directors.
4. Disposition and alienation of assets.
5. Constitution of a Federation, Confederation or Union of Associations or its integration into such Federation, Confederation or Union if it already exists.
6. Approval of the change of domicile, which shall entail the modification of the by-laws.
Article 12: Constitution
The General Assembly, both ordinary and extraordinary, shall be validly constituted on first call, when at least one third of the associates are present or represented; on second call, whatever the number of associates attending.
For the computation of members or total number of votes, the proxies or delegations made by the members shall be presented to the Secretary at the beginning of the meeting.
The persons who are to act as Chairman and Secretary of the Assembly shall be designated at the beginning of the meeting.
Article 13: Adoption of resolutions
All matters shall be debated and voted upon as they appear on the agenda. The person holding the office of President shall initiate the debate, opening a first round of interventions in which the floor shall be given upon his authorization; he shall also moderate the debates, and may open a second round of interventions or grant the floor for allusions.
The resolutions of the General Assembly shall be adopted by simple majority of the persons present or represented, when the affirmative votes exceed the negative votes.
However, a qualified majority shall be required, which shall result when the affirmative votes exceed half of those cast by the members present or represented, for resolutions relating to the dissolution of the association, modification of the By-laws, disposal or alienation of assets and remuneration of the members of the Board of Directors.
The resolutions of the General Assembly affecting the name of the Association, domicile, statutory purposes and activities, scope of action and other statutory modifications, as well as those relating to the appointment of the members of the Board of Directors, opening and closing of delegations, constitution of federations, confederations and unions, dissolution, shall be communicated to the Register of Associations for their registration, within one month from the date of the resolution.
Article 14: Voting delegations or proxies
The representation or delegation of vote shall only be valid for the session or call for which it is issued, and any indefinite delegation or representation shall be null and void.
The representation or delegation of vote shall be in writing, indicating the personal data and membership number of the person delegating and the person represented, and signed and initialed by both.
CHAPTER IV REPRESENTATIVE BODY
Article 15: Definition and Mandate
The Board of Directors (or similar denomination) is the collegiate body that manages, administers and represents the interests of the association, without prejudice to the powers of the General Assembly as the sovereign body.
Its term of office shall be 4 years. Once this period has elapsed, it shall be renewed and consequently registered in the registry. The General Assembly for the appointment or renewal of the Board of Directors shall be convened prior to the end of the established term of office.
Article 16: Positions
The Board of Directors shall be made up of three members, one of whom shall be the President, the other the Secretary and the other the Treasurer, appointed and revoked by the General Assembly.
The exercise of the office shall be personal, and voting may not be delegated in the meetings of the Board of Directors.
Article 17: Election
In order to be a member of the Board of Directors, it is essential to be of legal age, to be in full use of one’s civil rights and not to be affected by the reasons for incompatibility established in the legislation in force.
The members of the Board of Directors shall be elected, among the members, in an Extraordinary General Assembly, in accordance with the provisions of Article 11 of the Statutes.
Once the General Assembly has been convened for the appointment of the Board of Directors, the members who wish to exercise their right to be elected shall present their candidacy at least twenty-four hours prior to the holding of the Assembly.
In the event of a vacancy, the Board of Directors may designate another person as a provisional replacement until the definitive election is held by the General Assembly called for this purpose.
Article 18: Termination
The members of the Board of Directors shall cease to hold their respective offices for the following reasons:
a) By death or declaration of death.
b) Due to incapacity, disqualification or incompatibility, in accordance with the provisions of the legal system.
c) By judicial resolution.
d) Due to the expiration of their term of office. However, until such time as the General Assembly elects a new Board of Directors, the latter shall continue in office, and this shall be expressed in all documents to be signed in accordance with the respective positions.
e) By voluntary resignation, communicated in writing to the Board of Directors.
f) By resolution adopted with the statutory formalities, by the General Assembly.
g) Due to the loss of the condition of member.
The resignations and appointments shall be communicated to the Registry of Associations, for due record and publicity.
Article 19: The Presidency
It is the responsibility of the person holding the Presidency:
a) To legally represent the Association before all kinds of persons, authorities and public or private entities.
b) To call the meetings of the Board of Directors and the General Assembly, to preside over them, to direct their debates, to suspend and adjourn the sessions.
c) To execute the resolutions of the Board of Directors and the General Assembly, being able to carry out all kinds of acts and contracts and sign the necessary documents for this purpose, without prejudice to the fact that each body, in the exercise of its powers, when adopting resolutions, expressly authorizes any other member of the Board of Directors to execute them.
d) To comply with and enforce the resolutions of the Board of Directors and the General Assembly.
e) To order payments and authorize expenses.
f) To resolve ties in voting by means of his vote.
g) To endorse the minutes and certifications of the resolutions of the Board of Directors and the General Assembly.
h) To adopt any urgent measure that the good running of the Association may require or in the development of its functions may be necessary or convenient, without prejudice to the subsequent reporting to the Board of Directors.
i) To perform such other functions as are inherent in his capacity as President of the Board of Directors and of the Association.
Article 20: The Vice-Presidency
The Vice-President shall perform the functions of the Presidency in the event of vacancy of the office due to absence or illness, and may also act on behalf of the Association in those cases in which it is so agreed by the Board of Directors or the General Assembly.
Article 21: The Secretary
The Secretary shall have the following duties:
a) To attend the meetings of the Board of Directors and the Assembly and to draft and authorize the minutes thereof.
b) To call the meetings of the Board of Directors and of the Assembly.
c) To immediately inform the Presidency of the request for convocation made by the members in the manner provided for in Article 8 of these Bylaws.
d) To receive and send the acts of communication of the members of the Board of Directors and of the members, as well as the notifications, requests for data, rectifications, certifications or any other type of writings of which he/she must have knowledge.
e) To process the corporate resolutions that may be registered in the corresponding Registries.
f) To prepare the dispatch of matters, as well as the documentation to be used or taken into account.
g) To issue certifications of the approved resolutions and any other certifications, with the approval of the Chairman, as well as the necessary reports.
h) To have under his responsibility and custody the archives, documents and books of the Association, with the exception of the accounting books.
i) Any other functions inherent to the Secretariat.
In cases of absence or illness and, in general, when there is a justified cause, the Secretary shall be substituted by the youngest member.
Article 22: The Treasury
It shall be the responsibility of the Treasurer:
a) To collect the funds of the Association, to safeguard them and to invest them in the manner determined by the Board of Directors.
b) To make payments, with the approval of the Presidency.
c) To intervene with his signature all the documents of collections and payments, with the approval of the Presidency.
d) The keeping of the accounting books and the fulfillment of the fiscal obligations, in due time and form, of the Association.
e) The preparation of the preliminary draft of the Budget for its approval by the Board of Directors and subsequent submission to the General Assembly. In the same way, the General Statement of Accounts shall be submitted for annual approval by the Assembly.
f) Any other duties inherent in his capacity as Treasurer, as the person responsible for the economic and financial management.
Article 23: Members
The Members shall have the obligations inherent in their position as members of the Board of Directors, as well as those entrusted to them by the Board itself through the creation of delegations or working committees.
Article 24: Proxies
The Board of Directors may appoint general or special proxies.
Article 25: Convocations and meetings
1. For the valid constitution of the Board of Directors, for the purposes of holding meetings, deliberations and the adoption of resolutions, half of its members must be present, and the presence of the President and the Secretary or their substitutes is required.
2. The Board of Directors shall meet at least once a quarter and as many times as necessary for the good running of the Association, upon convocation by the Presidency, at its own initiative or at the initiative of any of its members.
3. The call for its meetings shall be made with the formal requirements (agenda, place and date…), and shall be sent at least 48 hours before the meeting is to be held.
4. The deliberations shall follow the same procedure indicated in article 13 for the General Assembly. Resolutions shall be adopted by simple majority of the votes cast, with the Chairperson casting the deciding vote in the event of a tie.
5. No agreement may be adopted that does not appear on the agenda, unless, all the members of the Board of Directors being present, they unanimously agree to it.
6. The Board of Directors shall also be validly constituted without prior notice, when all its members are present and unanimously agree to do so, in accordance with the provisions of the previous paragraph regarding resolutions. The Board of Directors thus constituted shall be called the Universal Board of Directors.
7. The meetings of the Board of Directors may be attended, with voice but without vote, by those persons previously summoned or invited by the Presidency, whose functions shall be exclusively advisory.
Article 26: Powers
The Board of Directors shall have the following powers:
a) To draw up the Plan of Activities.
b) To grant general or special powers of attorney.
c) To organize and develop the activities approved by the General Assembly.
d) To approve the Budget Project for its definitive approval by the General Assembly.
e) To approve the statement of accounts prepared by the Treasury, for its definitive approval, if applicable, by the General Assembly.
f) To prepare the Annual Report of activities for its report to the General Assembly.
g) To create Working Committees as it deems appropriate, for the development of the functions entrusted and the activities approved, as well as for any other matters arising from the fulfillment of the corporate purposes. Said commissions shall regulate their internal functioning in the manner agreed upon by them in their first constitutive session.
h) To resolve the requests for the admission of members.
Article 27: Duties and responsibilities of the members of the Board of Directors
The obligations of the members of the Board of Directors are, by way of example, to fulfill and enforce the purposes of the Association, to attend the meetings to which they are summoned, to perform their duties with the due diligence of a loyal representative and to comply in their actions with that determined in the legal provisions in force and in these Bylaws.
The members of the Board of Directors shall be liable to the Association for damages caused by acts contrary to the Law or to the Bylaws or for those performed negligently. Those who expressly oppose the agreement determining such acts or who have not participated in its adoption shall be exempt from liability.
Article 28: Free nature of the office
The members of the Board of Directors shall exercise their office free of charge, and under no circumstances may they receive remuneration for the performance of their duties, without prejudice to the right to be reimbursed for expenses incurred in the exercise of their office, provided that these are duly and formally justified.
CHAPTER V PROVISIONS COMMON TO THE GOVERNING BODIES
Article 29: Minutes
1. Minutes of each session held by the General Assembly and the Board of Directors shall be drawn up by the Secretary, which shall necessarily specify the quorum reached for the valid constitution (in the case of the Board of Directors, the attendees shall necessarily appear), the agenda of the meeting, the circumstances of the place and time in which the meeting was held, the main points of the deliberations, as well as the content of the resolutions adopted.
2. The minutes shall include, at the request of the respective members, the vote against the resolution adopted, their abstention and the reasons justifying it or the sense of their favorable vote. Likewise, any member has the right to request the complete transcription of its intervention or proposal, provided that it provides on the spot or within forty-eight hours the text that corresponds faithfully to its intervention, and this shall be recorded in the minutes or a copy shall be attached thereto.
3. The minutes shall be approved at the same or the following session; notwithstanding the foregoing, the Secretary may issue certifications of the specific resolutions that have been adopted, expressly stating that the minutes are pending subsequent approval.
4. The Minutes shall be signed by the Secretary and countersigned by the Chairman.
Article 30: Challenge of resolutions
The resolutions of the General Assembly and the Board of Directors may be challenged before the civil courts in the legally established manner.
The members may challenge the resolutions and actions of the Association which they consider contrary to the Bylaws within forty days from the date of their adoption, requesting their rectification or annulment and the preventive suspension, if applicable, or accumulating both claims through the procedures established in the Law of Civil Procedure.
Pending the resolution of any internal disputes that may arise within the Association, the requests for registration of the disputed matters shall only give rise to provisional annotations.
CHAPTER VI MEMBERS
Article 31: Classes
Within the Association there shall be the following classes of members:
Founding members, who shall be those who participate in the act of incorporation of the Association.
Full members, who shall be those who become members after the incorporation of the Association.
Honorary members, those who, due to their prestige or for having contributed in a relevant way to the dignity and development of the Association, are worthy of such distinction. The appointment of honorary members shall be the responsibility of the General Assembly.2
Article 32: Acquisition of the condition of associate
To acquire the status of associate person it is required to be a natural or legal person and to be interested in the development of the purposes of the Association.
Individuals wishing to become members must be of legal age.
ONLY MEMBERS WILL BE ALLOWED TO BE PRESENT AT THE HEAD OFFICE. UNDER NO CIRCUMSTANCES SHALL MINORS BE ALLOWED TO ENTER.
Legal entities of an associative nature shall require the express agreement of its competent body, and those of an institutional nature, the agreement of its governing body.
The request to acquire the status of associated person, provided that the requirements regulated by the bylaws are met, shall be accepted by the Board of Directors.
Article 33: Loss of the condition of associated person
The status of associate shall be lost for any of the following reasons:
a) By free will. For this purpose, it shall be sufficient to submit a written resignation addressed to the Board of Directors, presented to the Secretary of the Association. The effects shall be immediate, from the date of its presentation.
b) For non-payment of three dues. In this case, it shall be necessary for the Treasurer’s Office to issue an overdraft certificate, with the signature of the President. It shall take effect as of its notification to the defaulting member, and shall necessarily state the loss of membership.
Notwithstanding the provisions of the preceding paragraph, the associate who has lost said status for the aforementioned reason, may reinstate it if, within six months from the notification, he/she pays the dues owed, as well as those elapsed from said moment until the date of the request for reinstatement plus a penalty corresponding to one monthly dues payment. Once the aforementioned period has elapsed, no new membership application shall be accepted.
c) For serious non-compliance with these Bylaws or the resolutions validly adopted by the corporate bodies.
For the loss of membership for this reason, a reasoned resolution of the Board of Directors, adopted by 2/3 of the number of votes legally cast, shall be an indispensable requirement. All members shall have the right to be informed of the facts giving rise to the expulsion and to be heard prior to the adoption of said resolution.
In the event of a sanction of separation of the associate, the ratification of the General Assembly shall be required in any case.
The loss of membership is foreseen when his/her conduct goes against the social principles or seriously damages the image of the association, in particular:
Entering the premises smoking cannabis
Leaving the premises smoking cannabis
Exhibiting or displaying in the street the material purchased.
Being expected in the vicinity of the Association by third parties indiscriminately.
Aggressive behavior and especially aggressive actions towards other members and passers-by in the street.
Members who are in a state of extreme drunkenness may also lose their membership due to very antisocial and uncooperative behavior towards members and passers-by in the street and in front of the premises.
Consumption on the premises of substances other than cannabis and its derivatives and, of course, trafficking, whether for profit or not.
“Royal Club and its members stand for a cultivated, social, collegial and helpful cooperation within the club, but above all in our society. For we also want to promote this in our society through our behavior and actions inside and outside the club. Therefore, we expect our members to do the same.”
Article 34: Rights
1. The rights of full and charter members shall be:
To participate in the Assemblies with voice and vote.
c) To be electors and eligible for the offices of directors.
c) To be informed of the composition of the governing and representative bodies of the association, of its state of accounts and of the development of its activity.
d) To be heard prior to the adoption of disciplinary measures against them and to be informed of the facts that give rise to such measures, and the agreement that, if applicable, imposes the sanction must be reasoned.
e) To have access to the documentation of the association, through the Board of Directors.
f) To participate in the activities of the association and to use the goods and facilities of common use of the Association, respecting the equal rights of the rest of the members.
2. Honorary members shall have the same rights as founders and full members, with the exception of those provided for in paragraphs a) and b). Notwithstanding the foregoing, they may attend the General Assemblies with voice but without vote.
Article 35: Obligations
The duties of the founding members and full members are as follows
a) To share the purposes of the association and to collaborate for the attainment thereof.
b) To pay the dues, membership dues and other contributions which, in accordance with the Bylaws, may correspond to each member.
c) To comply with the rest of the obligations resulting from the provisions of the Bylaws.
d) To abide by and comply with the resolutions validly adopted by the Board of Directors and the General Assembly.
Without prejudice to the loss of the status of member due to non-payment of membership dues, until such time as the member is expelled, the member shall have the right to vote and stand for election suspended. Said suspension of the right shall be produced with the non-payment of only one of the dues and while proceeding to its regularization or the definitive loss of the condition of associate.
CHAPTER VII ECONOMIC REGIME
Article 36: Foundational patrimony
The foundational or initial patrimony of the Association at the moment of its constitution is ZERO euros.
Article 37: Ownership of assets and rights
The Association shall appear as the owner of all the goods and rights that make up its patrimony, which shall be recorded in its inventory and shall be registered, where appropriate, in the corresponding Public Registries.
Article 38: Economic Resources
The Association, for the development of its activities, shall be financed with:
a) The resources arising from the yield of its patrimony, if any.
b) The ordinary or extraordinary membership fees of the members.
c) Donations or subsidies that may be granted by individuals or legal entities, public or private.
d) Donations, inheritances or legacies, accepted by the Board of Directors.
e) Income from its activities.
The profits obtained by the Association, derived from the exercise of economic activities, including the rendering of services, shall be destined exclusively to the fulfillment of its purposes, and in no case may they be distributed among the associates or among their spouses or persons living with them in an analogous relationship of affectivity, or among their relatives, nor may they be transferred free of charge to individuals or legal entities with a lucrative interest.
Article 39: Financial year, budget and accounting
1. The financial year shall coincide with the calendar year; it shall commence on January 1 and shall close on December 31 of each year.
2. Annually the Board of Directors shall draw up the Budget and it shall be approved by the General Assembly. With the approval of the Budget, the ordinary dues for the corresponding fiscal year shall be approved.
For the approval of extraordinary dues, an Extraordinary General Assembly shall be called, unless the Association lacks liquidity and the corresponding provision and expenditure are urgent, in which case the adoption of the resolution by the Board of Directors shall be sufficient, following a report from the Treasury and subsequent ratification by the General Assembly, which shall be approved within thirty days following the adoption of the resolution by the Board of Directors.
3. The General Assembly shall approve the Association’s accounts annually, once the financial year to which they correspond has ended.
4. The Board of Directors shall keep the corresponding accounting books that allow to obtain a faithful image of the patrimony, the result and the financial situation of the Association, in addition to a book of Minutes and another Book of members.
CHAPTER VIII DISSOLUTION AND APPLICATION OF THE CAPITAL STOCK
Article 40: Dissolution
The Association shall be dissolved for the following causes:
a) By resolution adopted by qualified majority at an Extraordinary General Assembly.
b) For the causes determined in Article 39 of the Civil Code.
c) By final judicial sentence.
d) For the causes determined in these Bylaws.
Article 41: Liquidation
Once the dissolution of the Association has been agreed upon, the period of liquidation shall commence, until the end of which the entity shall retain its legal personality.
The members of the Board of Directors at the time of dissolution become liquidators, unless they are expressly appointed by the General Assembly or by the person holding the Court which, where appropriate, agrees the dissolution.
It corresponds to the liquidators:
To watch over the integrity of the patrimony of the Association.
To conclude the pending operations and to carry out the new ones that are necessary for the liquidation.
To collect the credits of the Association.
To liquidate the patrimony and to pay the creditors.
To apply the surplus assets to the purposes foreseen by the Statutes.
To request the cancellation of the entries in the Register.
The net remainder resulting from the liquidation shall be given directly to a public or private non-profit entity with similar purposes to those of the Association, which has excelled in the exercise of its activities.
In the event of insolvency of the Association, the Board of Directors or, as the case may be, the liquidators, shall immediately promote the appropriate bankruptcy proceedings before the competent Court.
ADDITIONAL PROVISION
In everything that is not foreseen in the present Statutes, the Organic Law 1/2002, of March 22nd, regulating the Right of Association, the Law 4/2006, of June 23rd, of Associations of Andalusia, and other complementary dispositions shall be applied.
In MALAGA (MALAGA), on the 20th of NOVEMBER 2023
(SIGNATURES of the grantors of the Foundational Act. They must also sign in the margin of each one of the pages of the Statutes.
In the case of a modification of the Statutes registered in the Registry of Associations, the persons holding the Presidency and the Secretariat of the entity shall sign. They must also sign in the margin of each of the pages of the Statutes).