Alteration of the Constitution. Constitution This is an important document that must be drawn up when you start a stokvel. • To contribute money for the following: 1. The Constitution should be signed by every club member and can only be changed with the agreement of all members. The following is a sample draft constitution … Any member shall be eligible for election to any office in the Association. • To save money and eventually look for business opportunities for the club. Stokvel News – 2019-10-17 Johannesburg – A constitution is a set of rules for running a club. (2) A successful candidate in a club Executive election will be declared by a simple majority. Then you can start thinking of names for your stokvel and draw up your constitution. Article 7 – Amendments (1) Any amendments to this constitution must be made in accordance with the constitution amendment provisions in Clubs Policy: General Club Procedures. Download or preview 4 pages of PDF version of Club constitution template (DOC: 256.9 KB | PDF: 433.9 KB ) for free. Aims and Objectives • To promote personal and group development and friendship among members. PSL Constitution – Drafted by Mr. Mhlekazi Andile Siyabonga Ndhlovu 30/11/2016 Page 2 of 32 1 CHARACTER OF THE ASSOCIATION 1.1 Name The name of the organization is the Property Lifestyle Stokvel shall also be referred as a PLS which is an You can view a sample constitution on the Nasasa website. Article I: Name State the name Article II: Purpose What are the aims of the organization How will the organization function For whom does the organize exist Whom does it benefit Article III: Membership The secretary in conjunction with all other officers shall then decide on the date of a meeting to discuss such proposals, giving at least four weeks (28 days) clear notice. The Investment Club's Constitutition provides the legal framework for the club's organisation. SAMPLE CONSTITUTION The constitution of an organization contains the rules that govern the actions and activities of the group. SUBSCRIPTION. 7. [1] To write your own club constitution, you’ll need to meet with your club to discuss your club’s principles and policies. Minutes The Executive Committee shall cause to be kept minutes of all General and Executive Committee Such application must be lodged with the Association Secretary on or before a date as determined by the Management Committee of the Association. Investment Club Constitution. 8. Proposals for amendments to this constitution, or dissolution must be delivered to the secretary in writing. AFFILIATED CLUB’S OR TEAMS A club or team desirous of becoming an affiliated club or team must take application in accordance with the by-laws of the Association. It provides guidelines for conflict resolution and a framework for action so that your club can accomplish its goals. Persons becoming a “member” of the Association shall be bound by this constitution and be deemed to have had full notice hereof and to have accepted the same and no person shall become a member except on this basis. Amendments to this Constitution The Constitution may be amended only at an AGM or an SGM provided the appropriate notice has been given. 6. 7. There is no set number of people in a stokvel, which can contain as few as 5 members or as many as 100. Amendments are only valid if supported by a two-thirds majority of those present. 8. Meet with your club to discuss your club’s principles and policies appropriate notice has been.! Or before a date as determined by the Management Committee of the Association secretary on or before date. Of the Association your constitution as 5 members or as many as 100 so that your club can accomplish goals. As 5 members or as many as 100 and can only be changed with the agreement of members. 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