Minnesota Economic Association

Constitution

As amended November 1980,
October 1981, October 1999
and October 2005

-ARTICLE I-
Name and Purposes

  1. The name of the organization is the Minnesota Economic Association.
  2. The purposes of the Association are the advancement of economic knowledge and the economics profession.
  3. The Minnesota Economic Association is a non-profit organization.

-ARTICLE II-
Membership

  1. Any person who is or has been engaged in full-time or part-time teaching, research or graduate study in the fields of economics and business administration, or who has worked as an applied economist, shall be eligible for membership in this Association. Institutional memberships are available for colleges, universities, businesses, and nonprofit organizations.
  2. Although it is expected that most of the members have or have had some connection with Minnesota, there is no geographical restriction on membership.
  3. Being a member involves paying the registration fee one a year, but attendance at the Annual Meeting is not a condition of membership.
  4. The amount of the registration fee and institutional membership fee shall be set by a majority vote of the Executive Board present.
  5. Fees may be paid in advance or at the time of the Annual Business Meeting in the way prescribed by the Board.

-ARTICLE III-
Officers and Executive Board

  1. The following officers shall be elected for one year terms: President, Vice-President and President-elect, Secretary, Treasurer, and Newsletter Editor. Nine Directors-at-Large shall be elected for three-year terms, three being elected each year. The Executive Board shall include the above and the immediate past-President. The officers serve a term running from one annual meeting to the next. The Executive Board shall have the power to fill vacancies in the Board during the year.
  2. The Executive Board, under the direction of the President, shall be responsible for the annual meeting: place, date, program.

-ARTICLE IV-

  1. At least three months prior to the annual meeting the President shall name a Nominating Committee of three to five members. The Nominating Committee shall submit to the Executive Board a slate of nominees for all the offices except that of Secretary. The slate may contain more than one nominee for each office.
  2. Candidates for office other than Secretary-Treasurer Secretary may also be nominated by petition of at least ten (10) members, the petition to be submitted to the President before the Annual Meeting.
  3. The Secretary shall hold elections of officers at the Annual Meeting.
  4. The Secretary shall be elected by the Executive Board at its first meeting after the Annual Business Meeting.

-ARTICLE V-
Duties of Officers

  1. The President shall preside at the Annual Business Meeting and the meetings of the Executive Board. The President shall prepare the program for the Annual Meeting. The President shall appoint such committees as will facilitate the purposes of the Association. At all times the President shall act in consultation with the Executive Board.
  2. The Secretary shall keep the records of the Association. The Secretary shall perform such other duties as the Annual Business Meeting, the Executive Board and the President shall assign.
  3. The Treasurer shall collect and have custody of the funds of the Association, and render a report to the Annual Business Meeting.
  4. The Executive Board shall (a) adopt procedures for the conduct of the Association that are consistent with the Constitution; (b) determine the time and place of Association meetings; (c) be responsible for the use of the Association's funds; and (d) perform such other duties as the members at the Annual Meeting or by mail ballot shall assign to it.
  5. A quorum of the Executive Committee shall consist of four members.

-ARTICLE VI-
Annual Meetings

  1. The time and place of the Annual Meeting shall be determined by the Executive Board. A first notice of the time and place together with a preliminary program shall be mailed by the Secretary to all members at least two months prior to the Annual Meeting.
  2. The Annual Business Meeting of the Association shall be a part of the program of the Annual Meeting. The members present at the Annual Business Meeting shall constitute a quorum.

-ARTICLE VII-
Meeting Procedures

The conduct of all Annual Business Meetings and of the meetings of the Executive Board shall be governed by Robert's Rules of Order, Newly Revised, except as otherwise specified in this Constitution.

-ARTICLE VIII-
Dissolution

Should the Minnesota Economic Association ever be dissolved, the Executive Board will determine disposal of remaining assets in accordance with Minnesota state laws.

-ARTICLE IX-
Amendments

The constitution may be amended only in the following way. The proposed amendment shall be sent to the Secretary at least one month before the Annual Meeting at which time members will vote on it. If a majority of members present and voting at the Annual Business Meeting favor the amendment, it shall be amended.