Statutes of the International Movement of Catholic Students 2013 | Page 16

X. DISSOLUTION AND LIQUIDATION Article 45 - Dissolution a) The dissolution of the IMCS can only be decided by a World Assembly especially convened for this purpose. To be valid, the dissolution must reach a 2/3 majority vote of the members of the World Assembly. b) Before submitting the resolution of dissolution to vote, the Pontifical Council for the Laity has to give its assent. Article 46 - Liquidation a) The liquidation of the IMCS is the responsibility of the World Assembly and International Council. b) Any remaining assets must be transferred to other similar International Associations of the Faithful that are at the service Catholic students. XI. OFFICIAL TEXT Article 47 – Official Text The English text of these Statutes prevails. In case of doubt, the World Assembly decides. All official versions of the Statutes must be approved by the World Assembly. Article 48 – Last Amendments th The present Statutes, adopted by the 2012 IMCS International Committee on 29 of November, 2012 in Chennai, India, repeal all previous ones. 16