The following Constitution and ILCA By-Laws are the copyright property of the International Laser Class Association. Reproduction in whole or in part, without the written permission of ILCA, is prohibited.
ILCA By-Law 6: Status
and Dissolution
1. The Association is a non-profit organisation. All profit and surpluses shall
be used to maintain or improve the Association's facilities and the objects
of the Constitution.
2. No profit or surplus shall be distributed other than to another non-profit
making body promoting international sailing on winding up or dissolution of
the Association.
3. Dissolution shall be approved by each of:
(a) The World Council
(b) The Advisory Council
(c) At least two thirds of the membership replying in writing to the International
Office of the class in response to a postal ballot published by the International
Office. Only those postal votes returned to the International Office within
6 months of the date of publication of the proposal to dissolve the Association
shall be valid.