Special BOT Meeting on January 6, 2015

special bot mtg

The APMC Board of Trustees had a special meeting on January 6, 2015 at the Annabel’s Restaurant, Tomas Morato, Quezon City to consider for approval the recommendation of the Committee on Organizational Development to amend the Articles of the Association & By-laws of the Association as follows:

  1. Article Two of the Articles on the principal purpose of the Association;
  2. To drop the word “Foundation” in the corporate name of the Association both in the Articles and By-laws and all words “foundation” in several provisions of the Articles and By-laws be changed to “association”;
  3. Article VIII of the Articles to include that not more than thirty per cent (30%) of its funds shall be spent for administrative purposes.

Present in the meeting were the members of the BOT spearheaded by the APMC President, Dr. Alberto Roxas.