§1 Name, registered office and field of activity, club colours

1. The club shall bear the name Sportklub Puntigamer Sturm Graz (SK Puntigamer Sturm Graz). After any withdrawal or non-renewal of Puntigamer as name sponsor of SK Puntigamer Sturm Graz, a new sponsor shall no longer appear in the club name, thus the official name shall be SK Sturm Graz. For contracts concluded in the future, no sponsor shall be granted the right to have the sponsor's name become part of the club name. The registered office of the club is Graz.

2. Its activities cover the entire territory of the Federal Republic of Germany. It is also possible to practise the sport abroad.

3. The club colours are black and white. The club colours shall be widely used in terms of corporate identity and kit design.

4. The logo of the club looks like the one shown below and does not contain a sponsor name.


§2 Purpose

1. The purpose of the association, whose activities are not profit-oriented, is the cultivation, promotion and practice of the sport of football, to the exclusion of any political tendency.

The association is run on a non-profit basis by an elected board of directors on a voluntary basis.

§3 Means to achieve the purpose of the Association

1.The purpose of the Association shall be achieved by the following ideal and material means. The ideal means are:

  1. Sports events
  2. Presentations and discussions
  3. Participation in charitable or other non-profit events and activities
  4. Publication of a members' newspaper

2. The necessary material means shall be raised by:

  1. Membership fees/joining fees
  2. Income from sporting or social events
  3. Donations and sponsorship contributions
  4. the other financial exploitation (e.g. rental of its sports facilities)
  5. Participations
  6. Proceeds from events, legacies and other donations

3. The funds of the Association may only be used to cover expenses for the purposes of the Association.

4. The association is entitled to spin off commercial activities or sporting activities into other legal forms than shareholdings of the association, provided that this promotes the purpose of the association or is necessary for other legal or economic reasons.


§4Types of membership

1. The members of the association are divided into:

  1. ordinary members
  2. extraordinary members
  3. Honorary Members and Honorary Presidents
  4. exercising members
  5. young sportsmen and sportswomen
  6. Family members
  7. Children and youth members

2.

  1. Ordinary members are those who pay an annual membership fee in the amount determined from time to time by the General Assembly and are invited to participate fully in the work of the Association.
  2. Extraordinary members are those who further the purposes of the Association by paying an annual subscription in an amount also to be determined by the General Meeting, or by other contributions of any kind.
  3. Honorary members or honorary presidents are persons who have been appointed for special services to the association.
  4. Sports practising members are those who practise the sport of football in the club and have already passed the age of 18 without being a full or associate member.
  5. Young sporting members are those who have not yet reached the age of 18. The admission of a young person can only be effected by a written declaration of consent of his/her legal representative.
  6. Family members are those who pay an annual membership fee in the amount determined from time to time by the General Assembly, whereby not only the payer becomes a member, but also with the consent of his/her spouse and those children who have not yet reached the age of 18. One of the family members shall have the rights of a full member.
  7. Children and youth members are children and youth from birth until they reach the age of 15. Children and young people can only be admitted by a written declaration of consent from a legal representative. The corresponding annual membership fee must also be paid. Child and youth membership shall be considered as extraordinary membership.

§5 Acquisition of membership

  1. All natural persons may become members of the Association after submitting an application for membership and after the Board of Directors has passed a resolution by simple majority.
  2. The Executive Committee is obliged to inform the applicant of the acceptance or rejection of his/her application for membership within 8 weeks of receipt of the application. The reasons for any rejection of membership shall be given to the applicant. A general stop of admission as a reason for rejection is not permitted.
  3. Appointment as an honorary member shall be made by the Executive Board with a majority of two thirds of the votes cast.
  4. An appointment as Honorary President can be made by the General Assembly upon proposal of the Executive Committee or 1/10 of the ordinary members with a simple majority. A prerequisite for appointment as Honorary President is a previous presidency and retirement from active management of the Association.

§6 Termination of membership

  1. Membership shall expire by death, by voluntary resignation or by expulsion.
  2. The expulsion of a member from the Association may be decided by the Executive Committee on the basis of a motion of an ordinary member due to gross violation of the member's duties, in particular due to dishonourable or association-damaging behaviour. In particular, failure to pay the membership fee on time shall be considered a breach of membership obligations. The expulsion shall be demonstrably announced to the expelled person within fourteen calendar days and reasons shall be given.
  3. The revocation of an honorary membership may be decided by the Executive Board in justified cases by a simple majority of the votes cast.
  4. The revocation of an honorary presidency may be decided by the General Assembly in justified cases upon motion of the Executive Committee or 1/10 of the ordinary members with a simple majority of the votes cast.
  5. An appeal against the exclusion as a member or the deprivation of honorary membership or honorary presidency may be lodged with the Arbitral Tribunal within one calendar month from the service of the statement of reasons, until the decision of which the membership rights shall be suspended.

§7 Rights and duties of the members

  1. All members have the right to participate in the General Assembly. However, only ordinary membership and family membership in accordance with the provisions of § 9.7 shall confer the right to vote at the General Assembly. This right to vote shall accrue in the second year of uninterrupted membership.
  2. The active and passive voting rights as well as the right to vote of members who are contract or licence players within the meaning of the regulations of the ÖFB shall be suspended for the duration of this contractual relationship.
  3. All members shall pay a registration fee and the regular membership fees. These shall be determined by the General Meeting and shall be paid within two weeks of receipt of the request for payment. All members are obliged to promote the interests of the Association to the best of their ability and must refrain from doing anything that could harm the reputation and purpose of the Association. They shall strictly observe the statutes and the resolutions of the Association.
  4. Members who have been awarded the title of Honorary President by the General Assembly shall have a seat on the Executive Committee.
  5. At least 1/10 of the members may request the Executive Board to convene a General Assembly.
  6. The members shall be informed annually by the Executive Committee about the audited accounts and the financial management of the Association. This obligation to provide information is fulfilled by the Executive Board making the financial report on the past financial year, as presented to the members at the General Assembly, available for inspection in the secretariat of the Association. It is not intended to take away or make copies of this report.
  7. The members shall be informed at each general meeting by the executive committee about the activities and the financial management of the association. If at least 1/10 of the ordinary members so request, stating their reasons, the Executive Committee shall also provide the members concerned with such information within four weeks in writing or in the Association's newspaper.

§8 Organs of the association

The organs of the association are

  1. the general meeting
  2. the executive Board
  3. the Presidium
  4. the arbitral tribunal
  5. 2 auditors if no auditor is to be appointed.
  6. the Board of Trustees and the Committee of the Board of Trustees
  7. the Advisory Board for the Preservation of Tradition and Club Identity

§9 Members' Meeting

  1. The General Assembly is the highest organ of the Association. All other organs of the association are accountable to it.
  2. An ordinary general meeting shall be held every four years. A Members' Information Day is held every two years at which members can submit resolutions to the Executive Committee.
  3. An extraordinary general meeting shall be held
    1. Upon resolution of the Board of Directors
    2. at the request of the President
    3. at the request of the auditor or both auditors
    4. upon written substantiated request of at least 1/10 of the members entitled to vote at a general meeting, or
    5. by resolution of the ordinary general meeting

      The General Assembly shall be held within four weeks from the date of receipt of the request or from the date of the resolution to convene an extraordinary General Assembly, as required by § 11.10. of the Articles of Association.
  4. The date of the ordinary or extraordinary general meeting shall be announced to the voting members at least two weeks before the date in writing or by an advertisement in the club newspaper "Sturm-Echo" or in official Sturm information channels or on the Sturm homepage or in the two daily newspapers with the highest circulation in Styria. The announcement of the general meeting has to include the agenda.
  5. Motions for the general meeting must be received by the Sturm secretariat at least one week before the date. Other motions can only be admitted for resolution if the general meeting decides so with a majority of two thirds of the votes.
  6. Valid resolutions - except those on a motion to convene an extraordinary general meeting - may only be passed on the items on the agenda.
  7. Each ordinary member has only one vote. In the case of family membership, the right to vote shall be granted to a person to be named before the beginning of the General Assembly. The transfer of the right to vote is not permitted. The General Assembly shall constitute a quorum irrespective of the number of voting members present.
  8. As a rule, elections and resolutions shall be passed by a simple majority of the votes cast. Resolutions to amend the statutes of the Association or to dissolve the Association shall require a qualified majority of two thirds of the valid votes cast.
  9. The General Assembly shall be chaired by the President or, in his absence, by one of his deputies. If they are also prevented, the oldest Board member present shall chair the meeting. If the entire Executive Committee is prevented from attending, the oldest ordinary member present shall chair the meeting.
  10. Those members who have not completely fulfilled their financial obligations towards the Association by the beginning of a General Meeting shall not have the right to vote.
  11. Minutes shall be kept of each General Meeting by the Chairperson of the General Meeting or by a secretary appointed by him/her and shall be drawn up within four weeks of the General Meeting. Thereafter they shall be kept for a further period of eight weeks at the office of the Association and may be inspected by members who attended the General Meeting. Within this eight-week period, members who participated in the general meeting may make written objections or additions to the minutes, on which the executive committee shall decide. If the Executive Committee decides against these objections or additions, these objections or additions shall be attached to the minutes. Thereafter, the minutes shall be deemed approved and shall be signed by the Chairperson of the General Assembly and the Secretary.
    Approved minutes of the General Assembly may be inspected by members of the Association within one month of their request, subject to prior appointment.

§10 Scope of duties of the General Assembly

The following tasks are reserved for the general meeting:

  1. The acceptance of the statement of accounts of the Executive Board and the financial statement
  2. Election or removal of the members of the Executive Board and the auditor or two auditors if no auditor is to be appointed.
  3. Discharge of the Executive Board
  4. Adoption of resolutions on the amount of registration fees and membership fees.
  5. Award or withdrawal of the title of "Honorary President".
  6. Resolutions on amendments to the Articles of Association and the voluntary dissolution of the Association.
  7. Consultation and resolution on other matters on the agenda.

§11 Board of Directors

  1. The Executive Committee shall consist of at least 5 and at most 15 ordinary members to be elected by the General Assembly. This election shall take place without designation of functions.
  2. Within 14 days of its election, the Board shall elect from among its members the following officers, who together shall constitute the Presidium:
    1. The President
    2. one or two Vice-Presidents
    3. the Chief Financial Officer
    4. the Deputy of the Chief Financial Officer

At least two thirds of the members of the Executive Committee must be present to appoint the individual officers. However, if the Executive Committee fails to reach the required majority for the appointment of individual officers twice in succession, the Executive Committee shall have a quorum for the election of individual officers at the third meeting of the Executive Committee, irrespective of the number of members present.

3. The term of office of the Executive Committee shall be 4 years. In any case, it lasts until the election of a new Board. Re-election is possible. Each function in the Executive Board shall be exercised personally.

4. A new election of the members of the Presidium is possible at any time. With regard to the requirements for resolutions, § 11.2 shall apply mutatis mutandis.

5. The members of the Executive Board may resign at any time. The notice of resignation shall be demonstrably addressed to the Executive Board. The resignation of the entire Executive Board shall be addressed to the General Assembly. However, such resignation shall only become effective with the election of a new Executive Board.

6. The Board of Directors shall be convened in writing or orally by the President and, in his absence, by a Vice-President or by the Chief Financial Officer.

7. The Board shall constitute a quorum if all its members have been invited and at least half of them are present.

8. Resolutions of the Executive Committee shall be adopted by a simple majority of votes. In the event of a tie, the Chairperson shall have the casting vote. The annulment or amendment of a Board resolution as well as the resolution on the exclusion of a member require a majority of two thirds of the votes.

9. Apart from death and expiry of the term of office, the function of a member of the Executive Committee shall expire by removal by the General Assembly, by resignation or by loss of ordinary membership.

10. The Executive Committee has the right to co-opt further ordinary members to the Executive Committee until the set maximum number of 15 Executive Committee members is reached. As soon as the number of co-opted members exceeds 2/3 of the number of Board members elected by the General Assembly or in any case reaches 7 co-opted Board members, the Board shall convene an extraordinary General Assembly with the agenda item "New Elections" within a period of four weeks.


§12 Tasks of the Board of Directors

  1. The Executive Committee is responsible for the management of the Association. It shall decide and dispose of all matters for which the Statutes do not provide for the competence of the General Assembly or the Presidium.
  2. The Executive Committee may inspect and examine the books and papers of the Association as well as the assets, namely the Association's treasury and the stocks of securities and goods; it may also commission individual members or special experts for specific tasks to do so.
  3. The Executive Committee shall convene an extraordinary General Assembly if the welfare of the Association so requires.
  4. The following business may only be decided by the Executive Committee and must be brought to the attention of the next General Meeting via the financial management report:
    1. The acquisition and disposal of participations (§ 228 UGB) as well as the acquisition, disposal and shutdown of operations
    2. The acquisition, disposal and encumbrance of real property
    3. Investments with acquisition costs of more than EUR 100,000 individually and more than EUR 500,000 in total in one business year
    4. The taking out of loans and credits exceeding the amount of EUR 100,000 individually and in the business year
    5. The conclusion of contracts with members of the Presidium and the Executive Board by which they undertake to render a service to the Association outside their activity in an organ of the Association in return for remuneration that is not merely insignificant.
    6. Admission or exclusion of ordinary, extraordinary and family members.
    7. Appointment or revocation of honorary membership
    8. Legal transactions between members of the Executive Board (self-dealing) or their close relatives and the Association require the approval of the Executive Board.
      The appointment of committees according to § 15.
    9. Die Einsetzung von Ausschüssen gemäß § 15.
  5. The Executive Committee may at any time request a report from the Presidium on the affairs of the Association, including its relations with associated companies.

§13 Presidium

  1. The Executive Committee shall consist of the President, the Vice-President(s) and the Chief Financial Officer and the Deputy Chief Financial Officer. It is appointed to directly manage the business of the Association and to represent the Association externally.
  2. The Presidium shall be convened by the President or one of the Vice-President(s) or the Chief Financial Officer. The Presidium shall take its decisions by a simple majority of votes and shall constitute a quorum if all its members have been invited and at least three of its members are present. If a simple majority of votes is not achieved, i.e. in the event of a tie, the President shall have the casting vote.
  3. All matters which are not expressly reserved for another organ of the Association shall be the responsibility of the Executive Committee. In particular, the activities of the Presidium shall extend to
    1. Establish an accounting system that complies with the requirements of the association and the legal standard and the requirements of the licensing procedure.
    2. Preparation of the annual budget and the financial statements;
    3. Preparation of reports to the Board and the General Assembly;
    4. the implementation and supervision of all sports operations;
    5. convening and preparing ordinary and extraordinary general meetings;
  4. The President shall head the Presidium. He shall be responsible for compliance with the Statutes and for convening and chairing the meetings of the Executive Committee, the Presidium and the General Assembly. In the event of a tied vote, the President shall have the casting vote.
  5. The Chief Financial Officer is responsible for the bookkeeping, the accounting of the Association including the preparation of the annual budget as well as the cash and account management.

§14 Management and representation

  1. The management of the Association shall be the responsibility of the Executive Committee. The members of the Executive Committee shall conduct the business of the Association under their own responsibility with the diligence of a prudent businessman in accordance with the law, the Statutes, any Rules of Procedure or a resolution of the General Assembly.
  2. The Association shall be represented by two members of the Presidium in such a way that the President or one of his two Vice-Presidents shall sign jointly with the Chief Financial Officer or the Deputy Chief Financial Officer.
  3. The Executive Committee may decide to delegate the management of the Association to full-time managing directors, who thus become members of the Presidium. The managing directors shall be liable to the Association for any misconduct in accordance with the general principles of the law on damages.

§15 Committees

  1. Committees may be appointed by the Executive Committee to prepare or carry out specific matters of the Association. These committees shall be accountable to both the Executive Committee and the General Assembly.
  2. The members of the committees, who need not be members of the Association, shall elect from among themselves a chairman and a deputy chairman, as well as such other officers as may be required.

§16 Auditors - Statutory auditors

  1. The auditor shall be selected and appointed by the general meeting.
  2. If the size characteristics of the Association pursuant to § 22 (2) Association Act 2002 do not require the appointment of an auditor, auditors shall be elected by the General Assembly for the term of office of the Executive Board. Re-election is possible. The auditors or the auditor may not belong to any body - with the exception of the general meeting - whose activities are the subject of the audit.
  3. The auditors are responsible for the ongoing control of the business and the audit of the financial management of the association with regard to the correctness of the accounting and the legally correct use of the funds in accordance with the statutes. The Executive Board shall submit the necessary documents to the auditor or auditors and provide the required information. The auditor(s) shall report to the Executive Board and the General Assembly on the results of the audit.

§17 Court of Arbitration

  1. In all disputes arising from the association relationship, the association's internal arbitration court shall decide.
  2. The arbitral tribunal shall be composed of three ordinary members. It shall be formed in such a way that one party to the dispute nominates a member as arbitrator in writing to the Executive Board. Upon request by the Executive Board within seven days, the other party to the dispute shall nominate a member of the arbitral tribunal within 14 days. After notification by the executive committee within seven days, the nominated arbitrators shall elect a third ordinary member as chairman of the arbitral tribunal within a further 14 days. In the event of a tie, a decision shall be made by drawing lots among the nominees. The members of the arbitration tribunal may not belong to any body, with the exception of the general meeting, whose activities are the subject of the dispute.
  3. The arbitral tribunal shall be convened by the chairperson. The arbitral tribunal shall be constituted within two calendar weeks after the election of the chairperson. The arbitral tribunal shall decide to the best of its knowledge and belief, without being bound by any specific rules. It shall make its decisions in the presence of all its members by a simple majority of votes. The decisions shall be final within the Association.
  4. If the arbitral tribunal does not render its decision within 6 months of being called upon to do so without being justifiably prevented from doing so, the appealing party shall have recourse to the ordinary courts of law.

§18 Board of Trustees and Committee of the Board of Trustees

  1. The Board of Trustees shall see itself as a body to support the interests of the Association and to advise and support the Presidium and the Board of the Association. Furthermore, it shall ensure that the Association is firmly anchored in the economy, culture, media, administration, etc.
    Within the Board of Trustees there is another body, namely the "Committee", which also ensures the preservation of the identity of the association, in particular the adherence to the mission statement given by the association, has the right to inspect the books of the association and the right to nominate the Executive Board in the General Assembly and can convene an extraordinary General Assembly under certain conditions.
  2. The Board of Trustees shall be composed of an indefinite number of members, some of whom shall be elected as a committee of the Board of Trustees by the General Meeting, and some of whom shall be admitted to the Board of Trustees by co-optation by members of the Board of Trustees. All members of the Board of Trustees must be members of the Association.
    Five members shall always be elected by the General Meeting for the Committee of the Board of Trustees, whereby one member shall be nominated by the existing Board, one member by the Advisory Board for the Preservation of Tradition and Club Identity and one member by the fan groups. The remaining two members shall be members of the club actively involved in club life. These five members of the committee shall approach other members for the Board of Trustees from business, culture, media, administration, etc. and co-opt them to the Board of Trustees. These co-opted members must also be members of the Association. One year after the election of the Committee of the Board of Trustees, all members of the Board of Trustees shall then elect five further - until then co-opted - members for the Committee, who, in addition to the first five members elected by the General Meeting, shall from then on form the Committee and have a right to vote in its meetings in the event of a resolution being passed in accordance with paragraph 7. From then on the Committee shall consist of ten voting members until the expiry of the term of office.
  3. The term of office of the members of the Committee of the Board of Trustees elected by the General Assembly shall be four years and two months, but in any case always two months longer than the term of office of the Executive Committee. The term of office of the members of the Board of Trustees elected to the Committee (until then co-opted) shall be the same as the term of office of the members of the Committee of the Board of Trustees elected by the General Meeting. In any case, all members of the Committee shall remain in office until the election of a new Committee of the Board of Trustees.
    The term of office of co-opted members, unless elected to the Committee, shall in principle be unlimited.
    During the term of office - both in the committee and as a co-opted member - a resignation by resignation remains possible as well as a resignation by removal by the general meeting (after corresponding application). A reason for resignation is also the loss of membership in the Association. If a member of the committee resigns before the end of his term of office for whatever reason, he shall be replaced immediately by the remaining members of the committee from among the members of the association by a simple majority of votes.
    The members of the Board of Trustees or Committee shall perform their duties on an honorary basis.
  4. Immediately after the election by the General Assembly, the members of the Committee of the Board of Trustees shall meet and elect a Chairperson from among their number. The chairperson shall bear the title "Chairperson of the Board of Trustees and of the Committee". The Board of Trustees and the Committee shall otherwise adopt their own rules of procedure.
  5. The Board of Trustees and the Committee shall be convened by the Chairperson at least twice a year. At least twice a year, the Chairperson and the President of the Association shall discuss the activities of the Board of Trustees and the Committee.
  6. The Board of Trustees may, by resolution, co-opt additional members to the Board of Trustees. Such co-optation shall require a simple majority of the members of the Board of Trustees, whereby the non-elected members of the Board of Trustees shall also have a right to vote.
  7. Rights of the Committee of the Board of Trustees:
    The Committee of the Board of Trustees shall have the following rights, which may be exercised only after a resolution has been passed by the members entitled to vote, viz.
    1. Right to inspect the books
    2. Right of nomination for the Board of Directors at a general meeting of members
    3. Right to convene an extraordinary general meeting for the following reasons:
      1. Gross violations of the principles of preserving the identity of the association and its mission statement
      2. In the event of imminent insolvency of the association.

    The Committee of the Board of Trustees shall have five voting members until the expiry of a period of one year during which a further five members of the Board of Trustees with voting rights shall then be elected by the members of the Board of Trustees. After this period it shall have ten voting members.
    The decision of the Committee of the Board of Trustees concerning the right to inspect the books shall be taken by simple majority. A qualified quorum of 2/3 of the members of the Committee of the Board of Trustees is required for the convening of an extraordinary general meeting and the nomination of the Executive Board in a general meeting.
  8. The meetings of the Board of Trustees and the Committee may be attended by a member of the Presidium of the Association or a member of the Executive Committee designated by the Presidium.

§19 Advisory Board for the Preservation of Tradition and Club Identity:

  1. The Advisory Board for the Preservation of Tradition and Club Identity shall consist of a maximum of ten members of the Association, each of whom must have been an Ordinary Member of the Association for at least five years. There is no minimum number of members on the Advisory Board.
  2. The members of the Advisory Board shall be delegated to the Advisory Board by the Board of the Association. When appointing members, the Executive Committee will ensure that the members have already had an interest in the history or tradition of the Association over a longer period of time and are committed to preserving the Club's identity.
  3. The term of office of the members of the advisory board is six years from the date of appointment. The members of the Advisory Board shall perform their duties in an honorary capacity. During the term of appointment, voluntary resignation is possible as well as resignation by dismissal in the general meeting (after corresponding application). A reason for resignation is also the loss of membership in the association.
  4. Immediately after their appointment, the members of the Advisory Board shall meet and elect a Chairperson from among their number. The chairperson shall have the title "Chairperson of the Advisory Council for the Preservation of Tradition and Club Identity". The Advisory Board shall otherwise adopt its own rules of procedure.
  5. The Advisory Board shall be convened by the Chairperson at least four times a year.
  6. A member of the Presidium of the Association or a member of the Board designated by the Presidium may attend the meetings of the Advisory Board.
  7. The Advisory Board shall report annually to the Board of the Association on its activities.
  8. The purpose of the Advisory Board is:
    1. The creation and permanent maintenance of a database of all important events and data concerning the club, as well as Graz and Styrian football.
    2. The creation, expansion and maintenance of a collection of media, devotional objects and other items relating to the association, including professional archiving.
    3. The creation, expansion, digitisation and cataloguing of a photo and video collection, including archiving as professionally as possible.
    4. The reappraisal of the history of the association
    5. The supervision of the Sturm Legends Club. This also includes the appointment (sole right of nomination) of new members for this legends club.
    6. The confirmation of the players of a Storm Legends team before it appears under that name.
    7. Educating staff, players and others around the club on the history and values of the club.
    8. To supervise and assist in the production of texts, media, events and exhibitions relating to the history of the Association.
    9. Ensuring that historical values of the association are treated and used appropriately (coat of arms, association colours, homeland, ...)
    10. Advising the association and its committees on the design of uniforms, CI and related enquiries.
  9. The Advisory Board shall be granted the following rights:
    1. The right to propose and be heard on the appointment of honorary members and honorary presidents
    2. Access to a database that allows the purpose referred to in paragraph 8 to be fulfilled.
    3. Access to a server to store the digitised image and video collection, as well as other electronic media
    4. Access to premises of an appropriate size, including access, in order to be able to store the archived devotional objects as professionally as possible.
    5. The provision of archive-suitable filing systems for the storage of photos and devotional objects (acid-free photo folders, etc.).
    6. The provision of a budget for the purchase of devotional objects and other items, whereby purchases can only be made after prior written approval by the Board of Directors or its authorised representative.
    7. Involvement in the creation of media with historical content.

§20 Resolution

  1. The voluntary dissolution of the Association may only be decided in an extraordinary General Assembly convened for this purpose and only with a majority of two thirds of the valid votes cast. This general meeting shall also decide on the liquidation of the Association, provided that the assets of the Association are available. In particular, it shall appoint a liquidation committee and decide to whom it shall transfer the assets of the Association remaining after the liabilities have been covered.
  2. In the event of dissolution, any assets of the Association shall not benefit the members of the Association in any way whatsoever, but shall be used for non-profit sporting purposes. The General Assembly shall decide on the use of the funds for these purposes and shall appoint a five-member committee which shall be responsible for the liquidation of the funds.