STATUTES OF THE PEOPLE¡¯S REPUBLIC OF CHINA SECTION OF
THE INTERNATIONAL FEDERATION OF INTELLECTUAL PROPERTY ATTORNEYS
1. The name of the Section is The People¡¯s Republic of China Section of the International Federation of Intellectual Property Attorneys which may be abbreviated to FICPI CHINA Section.
2. The objects for which FICPI CHINA Section (hereafter referred to as ¡°the Section¡±) is established are:-
(a) To form a united and representative body of the profession of intellectual property attorneys who are in private practice in The People¡¯s Republic of China (hereafter referred to as ¡°China¡±) for the purpose of promoting improvements in the laws and regulations relating to patents, trade marks, designs and copyrights in China and other countries, which body shall be a member of the F¨¦d¨¦ration Internationale Des Conseils En Propri¨¦t¨¦ Industrielle (hereafter referred to as FICPI).
(b) To form and establish By-Laws and a Code of Ethics for observance by intellectual property attorneys in China in matters appertaining to their professional practice being consistent with those of FICPI.
(c) To establish intercommunication between members, and to extend their opportunities and facilities for meeting, and for correspondence, discussion, and interchange of ideas respecting matters connected with their professional practice and generally to aid in the acquisition and dissemination of knowledge appertaining to the profession.
(d) To maintain a high standard of rectitude and professional conduct and knowledge.
(e) To facilitate contact and communication of the members of the Section with members of FICPI in other countries.
(f) To aid in the institution and introduction of practice, procedure and legislation for the benefit and protection of inventors, patentees, traders and manufacturers in China and other countries.
(g) To raise and obtain moneys by subscriptions, donations, or otherwise for expenditure in accomplishing or furthering the objects of the Section, and to expend such moneys when raised in accomplishing such objects.
(h) Spare no effort to enlarge the scope of the members.
(i) To do all such other lawful things as are incidental or conducive to the attainment of the abovementioned objects, or any of them.
3. The income and property of the Section shall be applied solely towards the promotion of the objects of the Section, as set forth in this Memorandum of Section, and no part thereof shall be paid, or transferred, directly or indirectly, by way of dividend, bonus, or otherwise howsoever by way of profit to the members;
Provided that nothing herein-contained shall prevent the payment in good faith of remuneration to any officers or servants of the Section, or to any member of the Section, in return for any services actually rendered to the Section, nor for goods supplied in the ordinary and usual way of business nor prevent the payment on money borrowed from any member of the Section of interest at a rate not exceeding the ruling overdraft rate for the time being of the bank of the Section, or reasonable and proper rent for premises demised or let by any member of the Section.
4. The liability of the members of the Section is limited.
5. Every member of the Section undertakes to contribute to the assets of the Section, in the event of the same being wound up during the time that he/she is a member, or within one year afterwards, for payment of the debts and liabilities of the Section contracted before the time at which he/she ceases to be a member, and the costs, charges, and expenses of winding up the same, and for the adjustment of the rights of the contributories amongst themselves, such amount as may be required not exceeding Two Dollars.
6. If, upon the winding up or dissolution of the Section, there remains, after the satisfaction of all its debts and liabilities any property whatsoever, the same shall not be paid to or distributed among the members, but shall be given or transferred to some other Section or Sections having objects similar to the objects of the Section, and which shall prohibit the distribution of its or their income and property among its or their members to an extent at least as great as is imposed on the Section by virtue of the provisions of the third paragraph of this Memorandum to be determined by the members of the Section before the time of dissolution or in default thereof by such Judge of the Courts as may have or acquire jurisdiction in the matter.
7. True accounts shall be kept of the sums of money received and expended by the Section, and the matter in respect of which such receipt or expenditure takes place, and of the property credits and liabilities of the Section, and subject to any reasonable restriction as to time and manner of inspecting the same that may be imposed in accordance with the regulations of the Section for the time being, shall be open to the inspection of the members. At the request of any member given in writing to the Secretary the accounts of the Section shall be examined by one or more properly qualified auditor or auditors.