Business and Finance Club Constitiution

April 2004

Article I: Name of Organization

**Business and Finance Club

ARTICLE II:Affiliation with other Groups

**Financial support will be available through fundraising events (SGA policies & procedures must be followed during events). **Business & Finance Club can also obtain financial assistance from: Student Government Association Student Programming Committee

ARTICLE III:: Purpose, Aims, Functions of Organization (Mission Statement):

The mission of the Business and Finance Club is to provide students with an extra-curricular forum to pursue topics and activities of interest in order to support and enrich the quality of their education while at the University College of Bangor.

Article IV: Membership Requirements & Limitations:

**The Business & Finance Club is open to any and all students of UCB who have an interest in business. All members will have voting privileges. By a majority vote from voting members, a member can be voted out due to missing three (3) consecutive meetings during the academic year. **All members should have and maintain at least a 2.0 GPA. **The Treasurer and (1) one member will attend a Cash Training Session (offered online). **Members not in office who take a semester off can reenter the Business & Finance Club when they reenroll for classes with a two-thirds (2/3rd) vote back in.

Article V: :Officers (Title, terms, how and when elected):

**Elections for the officers will occur annually (September-October) by a majority vote of the membership.

**A club member may nominate the officers or they may nominate themselves.

**Officers must be a Business Management or Finance Major.

**President: Presides over meetings following Robert’s Rules of Order, coordinates the activities of the club, manages the delegation of club duties and assignments as needed, and represents the interest of the club in all coordination and executive matters according to the will of the membership.

**Vice President: Assists the President in said duties and assumes the President’s duties when he/she is absent or otherwise unable to perform them.

**Secretary: Records and disseminates minutes of the meetings, prepares and distributes the agenda for the meetings as directed by the President, and is responsible for the preparation and distribution for the club’s correspondence.

**Treasurer: Maintains accurate accounts of ALL money spent and received. She/he is responsible for record keeping and reporting ALL money matters and fundraising in which the club is involved.

**SGA Representative (Student Government Association): Will represent the club at all SGA meetings, act as a liaison between SGA and the club; relate relevant SGA matters to the club membership and also present club proposals to the SGA. Additionally, ad hoc representatives may be appointed as needed for specific purposes.

Article VI: Advisor (Term of Service, how selected):

**Dr. Diane L. Boone

**A vote will be held bi-annually to determine length of duties

**Selected as club advisor due to current role as Business Management Academic Advisor and lengthy professional background with Business and Finance.

**Alternate Business Club Advisor is Professor Robert Roper.

ARTICLE VII: Meetings (Frequency, Special Meetings, and who calls them):

**President and/or Vice President call meetings to order.

**The club will hold a minimum of (1) one meeting per semester.

**Special meetings will be held as necessary when planning events.

ARTICLE VIII: Quorum (number of members required to transact business):

**President and/or Vice President must be present to conduct business or appoint someone to temporarily conduct business in their absence.

**An advisor must be present to oversee club business.

**At least 3 members should be present during scheduled meetings

ARTICLE IX: Vacancies and Dismissals (Procedures and Handling):

**Vacancies: Vacancies within the officers shall be filled within (1) one semester. Solicitation of members to fill those positions must begin immediately. Any party nominated for the vacant office must be voted into the office by a majority vote of the membership.

**Dismissal: Any member, within reason may be removed from membership by a two-thirds vote of the membership. If a vote to remove an individual from office occurs, that individual shall have the right to appear before the membership to appeal their decision and also has the right to participate in the debate over their removal from office. The officer may then be reinstated by a 2/3rd vote of approval by the committee.

ARTICLE X: Amendments (proposals, notice required, voting requirements)

**The constitution may be amended by two-thirds (2/3rd ) majority of all voting members.

ARTICLE XI: Ratification (requirements for adopting the constitution):

**The requirements for adopting this constitution are as followed:

1. Two-thirds (2/3rd) vote of current membership.

POLICY ON HAZING:

In accordance with the policies of the State of Maine and the Board of Trustees of the University of Maine System the injurious hazing of any student enrolled at the University of Maine at Augusta is prohibited. This organization of its members shall not create, or permit to exist, any situation that recklessly or intentionally endangers the mental of physical health of a student enrolled at UMA. If this organization violates these rules it shall lose all right to conduct activities at UMA and all benefits of affiliation with UMA. Any student member, whose conduct violates these rules, shall be subject to suspension, expulsion, or other appropriate disciplinary action through the UMS Student Conduct Code.