| Bylaws
The Bylaws were approved at
the INRC 2000 Meeting in Seattle, July, 2000.
They are available for viewing and/or printout as a PDF file here:
inrcbylaw.pdf
INTERNATIONAL
NARCOTICS RESEARCH CONFERENCE, INC.
Article
I
Name,
Seal and Offices
1. Name
The
name of the Corporation is INTERNATIONAL NARCOTICS RESEARCH CONFERENCE, INC.
(INRC).
2. Seal
The
seal of the Corporation shall bear on its outer edges the words INTERNATIONAL
NARCOTICS RESEARCH CONFERENCE, INC. and in the center the words and figures
"Corporate Seal 1999 New Jersey". The Board of Trustees may change the form
of the seal or the inscription thereon at its pleasure.
3. Offices
The principal
office of the Corporation shall be at 375 Edgewood Avenue, Teaneck, New Jersey.
The Corporation may also have offices at such other places as the Board of Trustees
may from time to time designate or as the purpose of the Corporation may require.
Article
II
Members
and Meetings of Members
1. Membership
Membership
of the INRC shall be open to any person interested in furthering the purposes
of the Corporation. Attendance at and payment of the registration fee for the
annual conference shall confer membership for a period of two years. Non-attendance
at two consecutive annual conferences shall result in forfeiting membership,
i.e., removal from the mailing list. Attendance at the annual conference and
payment of registration fee is sufficient for reinstatement.
2. Annual
Meeting
The annual
meeting of the Members of the Corporation shall be held during the annual Conference
of the Corporation on the date and at the place so designated by the Corporation
for the purpose of:
(A)
Receiving and considering reports by the Board of Trustees, Officers and Chairpersons
of committees, if any;
(B)
Receiving the annual financial report prepared by the treasurer. This report
may be audited by an accounting firm, whenever the Board of Trustees so orders.
(C)
Electing Members of the Board of Trustees and Officers;
(D)
Discussing any business brought to the attention of the Corporation by a Member;
(E)
Voting on amendments to the By-laws, and
(F)
Transacting such other business as may properly come before the meeting.
3. Notice
of Annual Meetings
Notice
of the time, place and purpose of the annual meeting of the Corporation shall
be served all Members in the annual Newsletter and by posting on the INRC Home
Page on the internet. All Newsletters and notices may be sent by e-mail, fax
or mail. This shall be done no less than 2 months prior to the meeting.
4. Quorum
At a
meeting of the Members of the Corporation, the presence of at least thirty (30)
Members shall be necessary to constitute a quorum for all purposes and the act
of a majority of the Members present at the annual meeting at which there is
a quorum, shall be the act of the full membership, except as may be otherwise
specifically provided by statute or by the By-laws.
5. Voting
At every
annual meeting of the Corporation each Member shall be entitled to one (1) vote.
Attendance is required for voting, since there will be no voting by proxy.
6. Compensation
and Expenses
Members
of the Corporation shall not receive any salary for their services as such.
By resolution of the Board of Trustees of the Corporation, a fixed reasonable
sum toward expenses of attendance may be allowed at each annual meeting. The
Board of Trustees shall have power in its discretion to contract for and to
pay to Members or non-members rendering unusual or special services to the Corporation
special compensation appropriate to the value of such services.
Article
III
Board
of Trustees
1. Composition
The business
and property of the Corporation shall be managed and controlled by a Board of
Trustees (also known as Executive Committee) who shall be Members of the Corporation
and who shall be elected for the term of three (3) years, except as otherwise
provided in section 3 with respect to the staggering of the Board of Trustees
and in Section 7 with respect to filling vacancies.
2. Number
The number
of Trustees shall be nine (9) chosen by ballot by a majority of the Members
at the applicable annual meeting, provided, however, that the Trustees shall
be resident in the following geographic areas:
(A)
Area 1 - North America (3 members)
(B) Area
2 - Europe (3 members)
(C)
Area 3 - Rest of the World (3 members)
The two
elected officers (see Article IV) shall be voting members of the Board of Trustees.
The Conference Secretary, if not a Trustee, as well as former officers of the
Corporation may attend meetings of the Board as non-voting Members.
3. Staggering
the Board
Notwithstanding
the provisions of Section 1 above, with respect to the term of office of Trustees,
the Board will arrange the elections and the length of terms of Trustees in
such a way that the Board will be staggered, i.e., that the term of 3 Trustees
will expire each year.
4. Eligibility
for Re-election
When
a Member’s term of office as a Trustee is terminated, such a Member shall not
be eligible for re-election to the Board for at least one year.
5. Resignation
A Trustee
of the Corporation may resign at any time by giving written notice of such resignation
to the Board of Trustees of the Corporation.
6. Removal
A Trustee
of the Corporation may be removed by a two-third (2/3) vote of the Board of
Trustees registered either in person or by proxy at any annual or special meeting
called for that purpose, for conduct detrimental to the interests of the Corporation,
for lack of sympathy with its objectives, or for refusal to render reasonable
assistance in carrying out its purposes. Any such Trustee proposed to be removed
shall be entitled to at least five (5) days notice, in writing, by mail, fax
or e-mail prior to the meeting at which such removal is to be voted upon and
shall be entitled to appear before and be heard at such meeting
7. Vacancies
Any vacancy
in the Board of Trustees of the Corporation occurring during the year shall
be filled for the unexpired portion of the term, by the Trustees then serving,
although less than a quorum, by affirmative vote of the majority thereof. A
Trustee so elected by the Board of Trustees shall hold office until the next
succeeding annual meeting of the Members of the Corporation and until the election
and qualification of his successor.
8. Annual
Meetings
The Board
of Trustees shall meet at the annual conference of the Corporation for the purpose
of the election of Officers and Trustees and the transaction of other business.
The place and time of the first meeting of the Trustees of the Corporation for
the purpose of the organization of the Corporation and election of Officers
may be fixed by written consent of the Trustees named in the Certificate of
Incorporation.
9. Special
Meetings
Special
meetings of the Board of Trustees of the Corporation may be called by the President
and must be called by the President upon the request of a Trustee of the Corporation.
Notice to be submitted to the Trustees by mail, fax or e-mail.
10. Notice
of Meetings
Notice
of the time, place and purpose of all meetings of the Trustees of the Corporation
shall be served either personally or by mail, fax or e-mail at least 4 weeks
prior to the meeting upon each Trustee; and, if mailed, such notice shall be
directed to the Trustee at the usual business or residence address of the Trustee;
however, such notice may be waived by any Trustee. Any business may be transacted
at any meeting of the Trustees.
11. Chairman
At all
meetings of the Board of Trustees of the Corporation, the President of the Corporation,
or in his absence, the Vice President shall preside.
12. Quorum
At all
meetings of the Board of Trustees of the Corporation, a majority of the Trustees
shall be necessary and sufficient to constitute a quorum for the transaction
of business and the act of a majority of the Trustees present at any meeting
at which there is a quorum shall be the act of the Board of Trustees, except
as may be otherwise specifically provided by statute or by these by-laws.
13. Contracts
and Services
The Trustees
of the Corporation may be interested directly or indirectly, in any contract
relating to or incidental to the operations conducted by the Corporation, and
may freely make contracts, enter transactions, or otherwise act for and on behalf
of the Corporation, notwithstanding that they may also be acting as individuals,
or as trustees of trusts, or as agents for other persons or corporations, or
may be interested in the same matters as shareholders, directors, or otherwise;
provided, however, that any contract, transaction, or act on behalf of the Corporation
in a matter in which the Trustees are personally interested as shareholders,
directors, or otherwise shall be at arm’s length and not violative of the proscriptions
in the Certificate of Incorporation against the Corporation’s use or application
of its funds for private benefit; and provided further that no contract, transaction,
or act shall be taken on behalf of the Corporation if such contract, transaction,
or act is a prohibited transaction or would result in the denial of the tax
exemption under Section 503 or Section 507 of the Internal Revenue Code of 1986,
as amended (the Code), and the Regulations thereunder, as they now exist or
as they may hereafter be amended. In no event, however, shall any person or
other entity dealing with the Trustees be obligated to inquire into the authority
of the Trustees to enter into and consummate any contract, transaction, or other
action.
14. Compensation
Trustees
of the Corporation shall not receive a salary for their services rendered to
the Corporation, but may be reimbursed for part or all of travel expenses to
and from regular and special meetings.
15. Powers
All the
corporate powers, except such as are otherwise provided for in these By-Laws
and in the laws of the State of New Jersey, shall be and are hereby vested in
and shall be exercised by the Board of Trustees of the Corporation, including,
but not limited to the following:
(A)
Decide on all policy matters of the Corporation;
(B)
Nominate candidates for Officers and Trustees of the Corporation
(C)
Select venues for future annual conferences
(D)
Determine the procedures for utilizing and disbursing the registration fees,
any surplus funds from previous conferences and funds derived from private
and governmental sources;
(E)
Appoint ad hoc committees, as required.
(F)
The Board of Trustees may by general resolution delegate to Officers of the
Corporation such powers as they may determine.
16. Duties
The Board
of Trustees of the Corporation shall cause the accounting firm rendering services
to the Corporation to prepare for submission at the annual meeting of the Members
by the Treasurer of the Corporation, a verified report showing in appropriate
detail the following:
A)
The assets and liabilities, including the trust funds, of the Corporation
as of the end of the fiscal year immediately preceding the annual meeting;
(B)
The principal changes in assets and liabilities, including trust funds of
the Corporation, during the fiscal year immediately preceding the annual meeting;
(C)
The revenue and the receipts of the Corporation during the fiscal year immediately
preceding the annual meeting; and
(D)
The expenses or disbursements of the Corporation during the fiscal year immediately
preceding the annual meeting. The annual report of the Trustees shall be filed
with the records of the Corporation.
Article
IV
Officers
1. Election
There
shall be two (2) Officers of the Corporation, a President/Secretary and Vice-President/Treasurer,
who shall be elected by the vote of a majority of the members of the Corporation.
A slate of candidates will be prepared by the Board of Trustees and submitted
to the Members at the annual business meeting held at the conference. Nominations
from the floor will be accepted. The President/Secretary shall serve a single
4-year term. The election is held during the annual business meeting one year
before the term of office begins. During that year, the President -elect assists
the President as necessary. The Treasurer shall serve a 4-year term and may
be re-elected. The election of the Treasurer should not occur in the same year
the Secretary is elected, and the Treasurer should be elected one year before
his/her term of office begins. The Treasurer-elect should assist the Treasurer
during that year as needed.
2. Powers
and Duties
The Officers
of the Corporation shall have such powers and duties not inconsistent with the
By-Laws as may be determined by the Board of Trustees.
3. Resignation
An Officer
of the Corporation may resign at any time by giving notice of such resignation
to the Board of Trustees of the Corporation by mail, fax or e-mail.
4. Removal
An Officer
of the Corporation may be removed from office by a two-third (2/3) vote of the
Board of Trustees of the Corporation at any regular or special meeting called
for that purpose, for nonfeasance, malfeasance or misfeasance, for conduct detrimental
to the interests of the Corporation, for lack of sympathy with its objectives,
or for refusal to render reasonable assistance in carrying out its purposes.
Such Officer proposed to be removed shall be entitled to at least five (5) days
notice in writing by mail, fax or e-mail of the meeting at which such removal
is to be voted upon and shall be entitled to appear before and be heard at such
meeting.
5. Vacancies
In the
event any office of the Corporation becomes vacant by death, resignation, retirement,
disqualification, or any other cause, the majority of the Trustees of the Corporation
then in office, although less than a quorum, shall elect an Officer to fill
such vacancy, and the Officer so elected shall hold office and serve until the
next annual meeting of the Board of Trustees of the Corporation and until the
election and qualification of his successor.
6. President/Secretary
(A)
In the capacity of President of the Corporation, the President shall preside
at all meetings of the Members and the Board of Trustees of the Corporation;
report to the membership at the annual meeting all past and future endeavors
and activities of the Corporation; issue in the early spring one (1) annual
newsletter, which shall include reports on the previous annual meeting, annual
conference and a call for information on the next annual conference; assist
in the fund raising for the Corporation and maintain a list of the names and
addresses of sponsors of prior annual conferences. The President shall have
and exercise general charge and supervision of the affairs of the Corporation
and shall do and perform such other duties as may be assigned to him by the
Board of Trustees. The President shall have the right to hire a part time
paid assistant; and
(B)
In the capacity of Secretary of the Corporation, the Secretary shall have
charge of the books, documents, papers and corporate seal of the Corporation.
The Secretary shall attend and keep the minutes of all the meetings of the
Board of Trustees and Members of the Corporation and shall keep a record,
containing the names, alphabetically arranged, of all persons who are Members
of the Corporation, showing their places of residence; and such record shall
be open for inspection as prescribed by law. In general, the Secretary shall
perform all the duties incident to the office of Secretary, subject to the
control of the Board of Trustees of the Corporation and shall do and perform
such other duties as may be assigned by the Board of Trustees.
7. Vice-President/Treasurer
(A)
Vice President. At the request of the President of the Corporation, or in
the event of his absence or disability, in the capacity of Vice-President
of the Corporation, the Vice-President shall perform the duties and possess
and exercise the powers of the President; and to the extent authorized by
law, the Vice-President shall have such other powers as the Board of Trustees
of the Corporation may determine and shall perform such other duties as may
be assigned to him by the Board of Trustees; and
(B)
Treasurer. In the capacity of Treasurer of the Corporation, the Treasurer
shall have custody of all funds, property, and securities of the Corporation,
subject to such rules as may be imposed by the Board of Trustees of the Corporation.
The Treasurer may be required to give bond for the faithful performance of
his duties, in such sum and with such sureties as the Board of Trustees may
require. When necessary or proper, the Treasurer may endorse on behalf of
the Corporation for collection checks, notes, and other obligations, and shall
deposit the same to the credit of the Corporation at such bank or banks or
depositary as the Board of Trustees may designate. The Treasurer shall sign
all receipts, vouchers and all checks of the Corporation and all bills of
exchange. The Treasurer shall process for payment all expenses and distributions,
as may be necessary or proper to be made on behalf of the Corporation, regularly
enter on the books of the Corporation the full and accurate account of all
moneys and obligations received, paid or incurred for or on behalf of the
Corporation; and permit inspection of such records, at all reasonable times,
to any Trustee or Member of the Corporation. At the annual Conference, the
Treasurer shall submit an annual financial report to the Trustees and to the
Membership. Whenever requested by the Board, or in line with government requirements,
an audited financial report, by the accounting firm rendering services to
the Corporation, shall be presented. In general, the Treasurer shall perform
all the duties incident to the office of Treasurer subject to the control
of the Board of Trustees.
8. Salaries
The Officers
of the Corporation shall not receive a salary for their services rendered to
the Corporation.
9. Contracts
and Services
The Officers
of the Corporation may be interested, directly or indirectly, in any contract
relating to or incidental to the operations conducted by the Corporation, and
may freely make contracts, enter transactions, or otherwise act for and on behalf
of the Corporation, notwithstanding that they may also be acting as individuals,
or as trustees of trusts, or as agents for other persons or corporations, or
may be interested in the same matters as shareholders, directors, or otherwise;
provided, however, that any contract, transaction, or act on behalf of the Corporation
in a matter in which the Officers are personally interested as shareholders,
directors, or otherwise shall be at arm’s length and not violative of the proscriptions
in the Certificate of Incorporation against the Corporation’s use or application
of its funds for private benefit; and provided further that no contract, transaction,
or act shall be taken on behalf of the Corporation if such contract, transaction,
or act is a prohibited transaction or would result in the denial of the tax
exemption under Section 503 or Section 507 of the Code and the Regulations thereunder
as they now exist or as they may hereafter be amended. In no event, however,
shall any person or other entity dealing with the Officers be obligated to inquire
into the authority of the Officers to enter into and consummate any contract,
transaction or other action.
Article
V
Annual
Conference and Conference Secretary
1. Annual
Conference
The Board
of Trustees of the Corporation shall organize an annual conference each year
and in furtherance thereof they shall appoint a Conference Secretary approximately
two (2) years prior to the date of the scheduled conference. This is a temporary
office, which ceases when the conference ends.
2. Site
of Annual Conference and Local Organizing Committee
In selecting
the site for the annual conference, the Board of Trustees of the Corporation
shall solicit and or receive proposals from any Member of the Corporation desiring
to organize the annual conference. All such proposals shall include the names
and addresses of the Members who shall serve on the organization of the annual
conference and details for such annual conference with respect to the following:
(A)
Administration;
(B)
Facilities for registration, accommodations, transportation, etc;
(C)
Selection of scientific program;
(D)
Obtain abstracts from the Members and prepare and print an abstract booklet
containing the program;
(E)
Collect registration fees and provide an up-to-date listing of all participants,
including Members, and their addresses to the Secretary;
(F)
Publish the scientific proceedings, if the Board of Trustees of the Corporation
so decides; and
(G)
Plan for the delivery of any surplus funds to the Treasurer of the Corporation
at the conclusion of the annual conference.
With
respect to the annual conference, the Conference Secretary shall:
(A)
Confer with the President/Secretary and the Vice President/Treasurer on all
aspects relating thereto;
(B)
Appoint the organizational committee and serve as the chairperson thereof;
(C)
Raise funds in cooperation with the President and Treasurer of the Corporation;
(D)
Report all income and expenditures of the annual conference to the Treasurer
of the Corporation;
(E)
No later than one year prior to the date thereof, prepare and submit a report
of the status thereof to the Board of Trustees of the Corporation, and
(F)
Provide a report summarizing the scientific progress reported at the conference
within 2 months of the end of the conference.
Article
VI
Fiscal
Year
1. Fiscal
Year
The fiscal
year of the Corporation shall commence on January 1 of each year and end on
December 31.
Article
VII
Prohibition
Against Sharing in Corporate Earnings
1. Benefits
No Member,
Trustee or Officer of the Corporation or any person connected with the Corporation,
or any other private individual shall receive at any time any of the net earnings
or pecuniary profit from the operations of the Corporation; provided, however,
that the foregoing prohibition shall not prevent the payment to any such person
of such reasonable compensation for services rendered to or for the Corporation
in effecting any of its purposes as shall be fixed by the Board of Trustees
of the Corporation. Furthermore, no such person or persons shall be entitled
to share in the distribution of any of the corporate assets upon the dissolution
of the Corporation. Upon such dissolution or winding up of the affairs of the
Corporation, whether voluntary or involuntary, the assets of the Corporation,
after all debts have been satisfied, then remaining in the hands of the Board
of Trustees shall be distributed, transferred, conveyed, delivered, and paid
over, in such amounts as the Board of Trustees may determine or as may be determined
by a court of competent jurisdiction upon application of the Board of Trustees,
exclusively to charitable, religious, scientific, testing for public safety,
literary, or educational organizations which would then qualify under the provisions
of Section 501(c)(3) of the Code and the Regulations thereunder as they now
exist or as they may hereafter be amended.
Article
VIII
Investments
1. Investments
The Corporation
shall have the right to retain all or any part of any securities or property
acquired by it in whatever manner, and to invest and reinvest any funds held
by it, according to the judgment of the Treasurer without being restricted to
the class of investments which a trustee is or may hereafter be permitted by
law to make or any similar restriction, provided, however, that no action shall
be taken by or on behalf of the Corporation if such action is a prohibited transaction
or would result in the denial of the tax exemption under Section 503 or Section
507 of the Code and the Regulations thereunder as they now exist or as they
may hereafter be amended.
Article
IX
Exempt
Activities
1. Prohibition
against Non-exempt Activity
Notwithstanding
any other provision of these by-laws, no Member, Trustee or Officer of the Corporation
shall take any action or carry on any activity by or on behalf of the Corporation
not permitted to be taken or carried on by an organization exempt under Section
501(c)(3) of the Code and the Regulations thereunder as they now exist or as
they may hereafter be amended, or by an organization contributions to which
are deductible under Section 170(c)(2) of the Code and the Regulations thereunder
as they now exist or as they may hereafter be amended.
Article
X
Amendments
1. Amendment
of the By-Laws
Except
as it may pertain to the provisions of Article IX of the by-laws, the Board
of Trustees of the Corporation shall have the power to make, alter, amend, and
repeal any by-law of the Corporation by affirmative vote of two-thirds of the
Board of Trustees; provided that such action is proposed and adopted at a regular
meeting of the Board of Trustees, except as otherwise provided by law. Any such
action by the Board of Trustees shall be inserted in the notice of such annual
meeting to be sent to all of the Members and must be ratified by a two-thirds
(2/3) majority of the Members at the annual membership business meeting. Suggestions
for amending the by-laws may be submitted to the Board of Trustees in writing
by any Member.
INRC,
Inc. bylaws approved at the 2000 conference in Seattle, Washington, USA.
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