Legal form, objective, and domicile
A charitable association named ECON Alumni UZH exists in accordance with these statutes and in the sense of Art. 60 ff of the Swiss Civil Code.
The association is politically and religiously neutral.
The ECON Alumni UZH association does not follow commercial goals and does not aim to earn a profit. All officeholders work on a voluntary basis.
The ECON Alumni UZH association is a club consisting of present and former students of the Faculty of Business, Economics and Informatics at the University of Zurich majoring in economics, present and former employees of the Department of Economics and persons generally interested in themes around economics.
The association aims to promote and support the Department of Economics of the University of Zurich and to create a continual exchange between the ECON Alumni and the Department of Economics with its students and professors, in order to increase their bond with their alma mater.
The association encourages life-long learning and academic excellence at the Department of Economics at the University of Zurich with the support of alumni. It thus funds various projects of the Department of Economics, such as
-Research projects (at all levels)
-Stays abroad (travel costs)
The ECON Alumni UZH association organizes events about various themes including economics, politics, and culture on a regular basis and provides its members a platform for regular exchange among themselves.
Moreover, ECON Alumni UZH can offer the following:
-The organization of further lecture and discussion events as well as conferences and teaching events.
-The initiation of other events that serve the exchange of experience and fostering its members, the Department of economics or other interested third parties.
-Collaboration with other relevant organizations with the same or similar objectives on a national, European, or international level.
-Further service, advice, or support services offered by the association itself or in cooperation with third parties.
-Awarding of prizes, such as an award for the best master’s thesis in a year.
The association is domiciled in Zurich. The association will exist for an unlimited duration.
The organs of the association are:
a) the general assembly
b) the steering committee
c) the auditor(s)
The association has the following financial assets for the pursuits of its objectives:
-Regular and extraordinary membership fees
-Income from association activities
-Donations or legacies
-Income from service level agreements
The steering committee determines the membership fees on a yearly basis. Honorary members and active steering committee members do not have to pay the membership fee.
The fiscal year corresponds to the calendar year.
Members can be persons or corporations that support the objectives of the association as described in Art. 2:
-Alumni of the Faculty of Business, Economics, and Informatics at the University of Zurich majoring in economics (present and former students)
-Present and former employees of the Department of Economics
-Persons and institutions that consider research at the Department of Economics to be particularly important and worthy of support.
Active members with the right to vote are persons and corporations who support the services and institutions of the association.
Students of the Department of Economics have the right to free membership without voting rights after successfully completing the assessment year until attaining age 29.
The general assembly can grant persons who have actively supported the association to an extraordinary extent for honorary membership. The steering committee makes the corresponding nomination to the general assembly.
Applications for membership are submitted to the steering committee, which also decides on acceptance.
-For persons at the time of resignation, expulsion, or death.
-For corporations at the time of resignation, expulsion, or liquidation of the corporation.
Resignation from the association is possible at any time, effective on December 31 of any year. The letter of resignation must be submitted by November 30 of the year in question at the latest. The entire membership fee is due for any partial year of membership.
A member can be excluded from the association at any time due to breach of the statutes, violation of the objectives of the association, irreconcilability with the values of the association, etc.
The steering committee decides on exclusion; the member can appeal the exclusion decision to the general assembly.
If a member fails to pay the membership fee despite a reminder, the steering committee can exclude him/her automatically.
The general assembly
The highest organ of the association is the general assembly. It consists of all members of the association.
The general assembly has the following duties:
-Approval and amendment of the statutes
-Election of the steering committee and the auditor(s)
-Approval of the reports and acceptance of the annual financial statement
-Decision about discharge of liability for the steering committee
-Review of the annual budget
-Review of the planned activities
-Decision on proposals from the steering committee and the members
-Decision about liquidation of the association and the use of the remaining assets following liquidation in accordance with Art. 23, par. 2
The ordinary general assembly takes place annually in the first half of the year.
Members will be invited to the general assembly 20 days in advance in writing; the invitation will include the agenda. Invitations by email are valid.
Requests to the general assembly must be made in writing to the steering committee at the latest ten days before the meeting.
The steering committee or one-fifth of the members can request an extraordinary general meeting at any time. The request must include the reason for the meeting. The meeting must take place within four weeks after receipt of the request.
Every general assembly constitutes a quorum regardless of the number of members present, provided invitations to the assembly were sent in accordance with the statutes.
The president of the steering committee or another steering committee member chairs the general assembly.
Members pass resolutions with a simple majority. If there is a tie, the chair’s vote counts double.
Amendments to the statues require the approval of two-thirds of the members entitled to vote who are present.
Members vote by raising their hands. A secret ballot is possible if at least five members request one. Voting by proxy is not permitted.
Minutes are kept on the resolutions that are passed.
The steering committee
The steering committee is responsible for implementation and realization of the decisions of the general assembly. It manages the association and takes all necessary measures to attain the objectives of the association. The steering committee decides on all questions that are not explicitly reserved for the general assembly.
The steering committee consists of at least three persons, one of whom must be a member of the management committee of the Department of Economics. The general assembly elects members of the steering committee for a period of office of three years. Reelection is possible.
The steering committee constitutes itself.
The steering committee meets as often as necessary in order to complete the business at hand. Any member of the steering committee can request a meeting; he or she must specify the reasons for the meeting.
The steering committee exercises power of attorney with two signatures.
The duties of the steering committee are:
-The steering committee manages current business and represents the association in public.
-It can appoint task forces (expert groups).
-It can hire or mandate individuals for a reasonable fee in order to attain the objectives of the association.
-The steering committee exercises all powers that are neither legally nor statutorily transferred to another organ.
-It oversees the compliance with the statutes, writes rules, and administers the association’s assets.
-It is responsible for the association’s accounting.
-Circular resolutions (including those made by email) may also be made, provided no steering committee member demands oral debate.
In general, the steering committee works on a voluntary basis; in general, members may only claim their actual expenses and cash outlays. A reasonable compensation may be paid to individual steering committee members for special effort.
The steering committee can establish an office for administrative support and for organizing events. Office functionaries participate in steering committees if necessary in an advisory, non-voting capacity. The president is the direct supervisor of the office.
The auditor(s) examine(s) the association’s accounting and present a report at the general assembly.
The general assembly elects the auditor(s).
The period of office is three years; reelection is possible.
The association’s assets alone are liable for its debts. Personal liability of the members is excluded.
An ordinary or an extraordinary general assembly can resolve to dissolve the association; dissolution requires a two-thirds majority of all members. If fewer than two-thirds of the members participate in the general assembly, a second assembly must be held within one month. The association can be then dissolved at this meeting with the majority of the members present.
In case of dissolution of the association, the association’s assets are transferred to a tax-exempt organization that follows the same or similar objectives. A distribution of the association’s assets among the members is precluded.
These statutes were approved at the inaugural general assembly on February 26, 2020, and came into force on this date.
February 26, 2020, Schönberggasse 1, 8001 Zurich, Switzerland
Prof. Ralph Ossa