Article 28 – Initial Patrimony
AFAEMME does not have initial patrimony.
Article 29 – Economic Resources
The patrimony of AFAEMME for the carrying out of its work will be
constituted by:
- The fees and extraordinary contributions of its members.
- The subsidies and contributions that it may receive from other
institutions and public and private organizations.
- Donations, inheritance and legacies.
- The profit produced by its own assets.
- Other investments it may receive.
All members of AFAEMME are obliged to pay their fees on time, by
means of quotas or payments, of the form and proportion determined
by the General Assembly at the proposal of the Joint Directive.
The General assembly will be able to establish quotas of
investment, periodical fees and extraordinary fees.
Article 30 – Bank address
The funds of AFAEMME will be situated in a banking establishment
of the city of residence of the President, who will also authorize
the opening of bank accounts in the cities of residence of the
General Secretary and Treasurer for the funding of specific events.
Article 31 – Budgeting
The budget of AFAEMME, which must be approved by the General
Assembly, will include the period between 1st January and
31st December (inclusive) of the same year.
