NewsLetter from KAEA Research Institute
(November, 2002)


At the last annual meeting, President Yang appointed Youn-Suk Kim (chair), Semoon Chang and Hae-shin Hwang to an ad hoc committee to propose an amendment to the ByLaws in regard to the formalization of the Advisory Board and the creation of a research arm of the KAEA. The committee decided that Article X of the ByLaws is the best place to amend. The proposal shown below will be discussed at the 2003 annual meeting in D.C. If you have any comments, please send them to Professor Youn-Suk Kim.

ARTICLE X - COMMITTEES, ADVISORY BOARD AND RESEARCH INSTITUTE

  1. Committees Standing and ad hoc committees shall be appointed by the President in consultation with other members of the Executive Committee.

     

  2. Advisory Board
    1. The Advisory Board shall advise the Executive Committee in planning and executing midterm to long-term projects of the Association, in soliciting financial support for the Association, in preparing for grant proposals to funding organizations, and in other matters that are pertinent to the objectives of the Association. The Chairperson of the Board is responsible for coordinating Board activities.
    2. The Advisory Board shall function as the Board of Directors of the KAEA Research Institute (KARI), and shall appoint the Director of the KARI by the simple majority of the Board members.
    3. The Advisory Board shall supervise, and determine the release of, the long-term investment of the Association. The board shall have no budget of its own.
    4. The Advisory Board shall be composed of three (3) members at-large, and two (2) ex-officio members, consisting of the incumbent president and the immediate past president. Board members at-large shall be nominated by the current Board members and shall be elected by letter ballots of the voting members of the Association in conjunction with the election of the Executive Committee, and the election procedure shall follow the election procedure of Executive Committee. The chairperson of the Board shall be elected by a simple majority of the board members within thirty (30) days from the date of the election of the new Board members.
    5. The term of office of the elected Board members shall begin immediately upon adjournment of the annual business meeting and shall extend to the adjournment of the third annual meeting following their election. The term of service may be renewed but limited to two consecutive terms. Vacancies occurring on the Advisory Board shall be filled by a majority vote of the Board for the unexpired term.
    6. For the at-large Board members of the year of 2003, the incumbent President shall nominate the candidates in staggered terms of one (1) to three (3) different years. First year members serving less than three (3) years shall be considered to be serving one full term if they are nominated to the second term.
    7. The President of the Association shall arrange for an annual joint meeting of the Executive Committee and the Advisory Board.

     

  3. KAEA Research Institute
    1. The KAEA Research Institute (KARI) shall solicit and coordinate research projects from the Government, Business and other Research Institutes for the members of the Association.
    2. The Director of the Institute is appointed by the Advisory Board, and the Director may appoint an Associate Director and a Secretary. The Director shall submit the annual report to the Advisory Board at least thirty (30) days before the annual meeting of the Association.
    3. The term of the Director shall be for two years. The term may be renewed, or terminated before the term expires, by the Advisory Board.
    4. No part of the long-term investment or the association's budget shall be spent on activities of the institute without the approval of the executive committee of the association.