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:: Constitution ::

Constitution of Thai Vacation Ownership Association (TVOA)


    13.2 Vice-president: The Vice-president shall deputize for the President in the latter's 
           absence.
    13.3 Secretary:
    13.3.1 The Secretary shall maintain all records, except financial records, of the 
              Association and shall be responsible for their correctness.
    13.3.2 He shall keep minutes of all Annual General, Executive Committee and all other 
              Meetings.
    13.3.3 He shall conduct correspondence, summon and attend all meetings in accordance 
              with the Rules of the Constitution, and record the proceedings on such meetings.
    13.3.4 He shall maintain an up-to-date Register of members at all times.
    13.4 Treasurer:
    13.4.1 The Treasurer shall keep an account of all monetary transactions and maintain 
              correct and up-to-date financial records and reports of all accounts of the 
              Association to be examined by the Executive Committee as it deems fit and shall 
              be responsible for the correctness of all such records.
    13.4.2 He shall keep custody of all funds, collect and disburse all moneys on behalf of 
              the Association.
    13.4.3 He is authorized to expend 10,000 Baht for petty expenses on behalf of the    
              Association.
    13.4.4 He shall not keep more than 10,000 Baht cash at any time and any money in 
              excess of this sum shall be deposited in the Association's Bank Account.
    13.4.5 Checks, etc., for withdrawals from the Bank shall be signed by the Treasurer 
              jointly with the President or the Secretary.
    13.4.6 The Treasurer shall conduct all financial correspondence, prepaid annual 
              statements of accounts, vouchers, receipts and all documents required bye the 
              prevailing Rules or called for by the Executive Committee.
    13.5 Ordinary Executive Committee Members:
           Ordinary Executive committee Members shall assist in the general administration 
           of the Association and shall perform duties assigned to them by the Executive 
           Committee from time to time. This shall included acquiring, publishing, circulation 
           and preserving reports, records and other useful information connected with the 
           industry and maintaining and office for the purpose of keeping giving access to 
           such reports, records and information.

14. All Executive Committee Members shall hold office for a term of two (2) years and 
     shall be eligible upon expire of such term to be re-elected to hold office for an 
     additional term Provided that the immediate past President shall, unless re-elected to 
     the Executive Committee, continue as a Committee member in the Executive 
     Committee to assume an advisory role on an ex-office basis and further Provided 
     that the Executive Committee shall be elected to hold office for a term of 2 years and 
     upon retirement shall be eligible for re-election to the same post except for the 
     Treasurer at the Annual General Meeting.

15. In case a causal vacancy shall occur in the Executive Committee during any part of 
     the term of office, the member whose Accredited Representative caused the vacancy 
     shall be entitled to appoint another of its Accredited Representatives, subject to the 
     approval of the Executive committee, to fill such vacancy for the period of the 
     unexpired term or until the next General Association Meeting.

16. The member of the Executive Committee shall cease by:-
      16.1 Death
      16.2 Resign
      16.3 End of membership
      16.4 Two-third of the quorum of the general meeting agrees to expel he/she out of 
             the office.

17. The resignation of member of Executive Committee must be submitted to the 
      Executive Committee one month in advance.

18. The Executive Committee shall have the power and duties as follows:-
      18.1 The Executive Committee shall have the power to appoint Honorary Members 
             and Honorary Patrons who shall hold office during the term of office of the 
             Executive Committee that appoints them and that these Honorary Members 
              and Honorary Patrons are eligible for reappointment.
      18.2 The Executive Committee shall have the power to appoint sub-Committees to 
             achieve the specified objects of the Association, to establish the procedure and 
             conduct disciplinary action, and generally regulation of the affairs of the 
             Association.

 

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