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Liquidation of an association, Stage 1

2. Minutes of a members' meeting

The minutes of the members’ meeting shall be drawn up if activities of the association have terminated by the decision of the members’ meeting. The minutes shall be signed by the chair of the meeting, the minute-taker but the accuracy of the extract of the minutes shall be certified by the member of the board according to the type of the representation rights provided for by the articles of association.

The decision of the members’ meeting on termination of the activities is considered to be taken if more than two-thirds of the members present vote in favour thereof and if the articles of association do not provide for a larger majority of votes.

Minutes of a members' meeting (LV)
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