§ 1 Purpose of the Association
§ 2 Name and seat of the Association
§ 3 Membership
§ 4 Contributions
§ 5 Organs of the Association
§ 6 Rights and duties of the Executive Committee
§ 7 General Assembly
§ 8 Use of funds
§ 9 Dissolution of the Association

§ 1 Purpose of the Association

The purpose of the German Maritime Arbitration Association is, through an association of persons connected with maritime arbitration in the German seaport cities, to promote internationally the maritime arbitration system in the German seaport cities and the importance of these seaport cities as places of maritime arbitration;
to enhance the international reputation of German maritime arbitration; and
to support the work of persons engaged in German maritime arbitration through the exchange of experience and study events on legal and practical issues of interest to maritime arbitration.
A commercial business operation is not intended. The association exclusively pursues non-profit purposes. It shall act selflessly and shall not pursue its own economic purposes.

§ 2 Name and seat of the Association

The name of the association shall be:

"GERMAN MARITIME ARBITRATION ASSOCIATION"
("German maritime arbitration association").

The seat of the association is Hamburg.

 

§ 3 Membership

Any natural person who is connected with German maritime arbitration by legal activity or by practical activity in shipping or maritime transport may become a member of the Association.

The Executive Board shall decide on admission to the Association.

Membership ends by death, resignation and expulsion. Resignation shall be notified in writing to the Chairman of the Association. It can only be declared at the end of the calendar year. The General Assembly shall decide on the expulsion of members. Expulsion is only possible if there is an important reason. Good cause shall be deemed to exist if a member does not fulfil the requirements of paragraph (1).

Resigning members have no claim to the Association's assets.

 

§ 4 Contributions

Upon admission to the Association, a one-time admission fee of EUR 150.00 shall be paid.

The annual membership fee shall be EUR 80.00 unless otherwise determined by resolution of the General Assembly by a simple majority.

Members up to the age of 40 shall pay an admission fee of EUR 75.00 and an annual subscription of EUR 40.00.

§ 5 Organs of the Association

The organs of the Association shall be the Executive Board and the General Assembly.

The Executive Board shall consist of the Chairperson, one or two Vice-Chairpersons and a Treasurer. The members of the Board shall be elected by the General Assembly for a period of 3 years. However, the Board shall remain in office until a new Board is elected.

The ordinary General Assembly of Members shall take place once a year. Extraordinary General Meetings shall be held as required - in particular in connection with study events serving the purpose of the Association.

§ 6 Rights and Duties of the Executive Board

The business of the Association shall be conducted by the Chairperson of the Executive Board in consultation with the other members of the Executive Board. He shall carry out the Association's resolutions and manage the Association's assets.

The Chairman of the Board shall represent the Association in all legal transactions arising in the pursuit of the Association's objectives. The Chairman of the Board may create obligations for the Association in such a way that the liability of the members is limited to the assets of the Association. He/she is authorised to enter into legal transactions only to the extent that the resulting financial obligations can be met from the Association's assets. The Chairman of the Board shall be obliged to include in all contracts to be concluded on behalf of the Association the provision that the members of the Association shall be liable only with the assets of the Association.

The Treasurer shall administer the funds of the Association and keep proper accounts of all income and expenditure. He shall submit a statement of accounts to the Annual General Meeting. He shall receive payments on behalf of the Association against his sole receipt. Payments for the purposes of the Association may only be made with the agreement of the Chairman of the Board.

§ 7 General Assembly

The Annual General Meeting shall decide on the annual report, the Treasurer's report, the discharge of the Board and the election of the new Board.

Resolutions shall be decided by a majority of the members present; in the event of a tie, the Chairperson shall have the casting vote. Resolutions amending the Statutes and resolutions on dissolution require a majority of 3/4 of the members present.

The Executive Board shall set the agenda for the General Assembly and convene it by special invitation to the members and notification of the agenda. The convocation must be made in writing by letter, fax or e-mail or in another electronic form and at least one week before the meeting.

§ 8 Use of funds

Funds of the Association may only be used for the purposes set out in the Statutes. Members shall not receive any benefits from the funds of the Association.

No person may be favoured by expenses that are alien to the purpose of the Association or by disproportionately high remuneration.

§ 9 Dissolution of the Association

In the event of the dissolution or annulment of the Association or in the event of its previous purpose ceasing to exist, the assets of the Association shall pass to the German Association for International Maritime Law in Hamburg.

[ 21 November 2018 edition]