VICTORIA CHAPTER
AMERICAN PETROLEUM INSTITUTE
DIVISION OF PRODUCTION
*Updated March 2018
CONSTITUTION
ARTICLE I- Name
The name of this organization shall be the Victoria Chapter, American Petroleum Institute, Division of Production.
ARTICLE II- Object
The object of this organization is to foster a spirit of economic cooperation among those directly engaged in the production of oil and gas by promoting a free exchange of ideas among members.
ARTICLE III- Officers and Advisors
The officers of the Chapter shall be Chairman, First Vice-Chairman, Second Vice-Chairman, and Secretary-Treasurer.
The members of the Advisory Committee shall consist of 12 members. Six new members shall be elected each year of a two year term.
ARTICLE IV- Executive Board
The officers of this organization with the Advisory Committee and the immediate past Chapter Chairman shall constitute an Executive Board which shall transact routine business, fill vacancies in office, except that of the chairman, recommended policies to the Chapter, and act for the Chapter in cases of emergency. The immediate past Chairman of the Chapter shall be Chairman of the Executive Board or in case of his inability to serve, such other person as may be appointed by the incoming Chapter Chairman.
ARTICLE V- Governing Regulations
The Victoria Chapter shall be an affiliated chapter of the American Petroleum Institute and will look to the Division of Production of that Institute for general guidance and leadership. The Chapter shall abide by all rules and regulations established by the American Petroleum Institute for the guidance of its affiliated Chapters.
ARTICLE VI- Quorum
Section 1. One-sixth of the members of the Chapter shall constitute a quorum at the meetings of the same.
Section 2. One-third of the members of the Executive Board shall constitute a quorum at the meetings of the same.
ARTICLE VII- Amendments
This constitution may be amended at any regular meeting by an affirmative vote of two-thirds of the members present and voting, provided the proposed amendment shall have been presented at the previous regular meeting.
ARTICLE VIII- Non Profit Organization
Section 1. This organization is a non-profit organization, not organized for profit and no part of the net earnings or any other assets of this Chapter shall ever inure to the benefit of any individual member of this Chapter.
Section 2. Upon dissolution of this organization, all of the assets of the Chapter remaining after the payment of debts shall be distributed to a charitable organization that qualifies for tax-exempt status under the provision of Code Section 501. Internal Revenue Code.