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Korea Information Display Society : Articles of Association
 
Established on 30 December 2002 as approved by the Minister of Science and Technology
Revised on 3 November 2008 as approved by the Minister of Education, Science, and Technology
Chapter 1: General Provisions
Article 1 : Purpose
This legal entity is founded in accordance with the civil law and legislations that govern the establishment and operation of non-profit organizations. The said entity shall serve the purposes of contributing to the greater good of society and facilitating the development and promotion of information-display-related knowledge and technologies.
Article 2 : Name
This legal entity shall engage in its affairs under the name Korea Information Display Society (KIDS).
Article 3 : Main Place of Business
KIDS’ main place of business shall be located in Seoul Metropolitan City, Republic of Korea. The Society may, however, keep and operate regional branch offices outside Korea if deemed necessary.
Article 4 : Activities
KIDS’ main place of business shall be located in Seoul Metropolitan City, Republic of Korea. The Society may, however, keep and operate regional branch offices outside Korea if deemed necessary.
1. Publication of bulletins, journals, and literature;
2. Research and investigation;
3. Congresses and lecture meetings;
4. Research concerning establishment of standards and specifications;
5. Involvement in international academic exchanges;
6. Industry and academe cooperation to promote information display research and apply technologies;
7. Planning and proposal of technology policies;
8. Recognition of distinguished service and research promotion; and
9. Other activities suitable for the attainment of the Society’s objectives.
Article 5 : Recipients of Benefits
1.Benefits that result from the activities of the Society are provided to their recipients free of cost. If this is not possible, however, the Society may seek the approval of competent authorities for it to charge a portion of the cost to the recipients.
2.In providing the benefits of the activities of the Society, the Society shall not discriminate against the recipient based on his/her place of birth, academic background, title, or any other indicator of social standing.
Chapter 2: Members
Article 6 : Membership Types and Eligibilities
KIDS’ membership types and eligibilities are as follows:
1. Regular Member : Regular membership is given to those who support the objectives of the Society. In addition, the applicant must possess a bachelor’s degree in a field associated with the Society’s interests and activities and must be engaged in research or business within the field; have two or more years of experience working in a field associated with the Society’s interests and activities since graduating from a relevant college or specialized university; or be deemed by the Board of Directors as having qualifications equal to these in effect.
2.Student Member : Student membership is given to enrolled university (including graduate school) students, college students, and specialized university students majoring in a field associated with the Society’s interests and activities.
3. Special Member : Special membership is given to individuals, corporations, and organizations that support the objectives of the Society.
4. Honorary Member : Honorary membership is given to those who have made significant contributions to the enhancement of knowledge and technology in information display and other related fields or to the endeavors of the Society.
5. Corporate Member : Corporate membership is given to module manufacturers, parts/material producers, equipment makers, and related corporations that support the Society’s objectives.
Article 7 : Member Rights and Responsibilities
All members of the Society are bound by the member rights and responsibilities defined herein upon payment of membership dues. Honorary members are, however, exempt from payment of membership dues.
Article 8 : Admission and Withdrawal of Membership
â‘  Regular and student membership applicants are required to submit a formal application for membership for review by the Board of Directors and, if the Board of Directors approves their application, to pay the concerned membership fee.
â‘¡ Honorary, special, and corporate membership applicants must first be recommended by the Executive Director or two directors for approval by the Board of Directors.
â‘¢ Any member of the Society may withdraw his/her membership by means of a notice to the Executive Director.
Article 9 : Disciplinary Actions against Members
Members who engage in activities that violate the Society’s objectives or who disgrace the Society’s standing may have their rights suspended or may be expelled from the Society as per the resolution of the Board of Directors.
Chapter 3: Executives
Article 10 : Executive Positions, Quorums, and Authorities
The Society has the following executive positions:

â‘  Director: No less than 15 and no more than 25 (including one Executive Director and no more than 10 Assistant Executive Directors, inclusive of Joint Assistant Executive Directors)
â‘¡ Auditor: Two
â‘¢ Director and auditor qualifications shall be determined by a trustee.
Article 11 : Executive Terms of Office
â‘  The standard term of office for executives is two years.
â‘¡ Concerning vacancies in executive offices in mid-term, the Board of Directors is responsible for replacing the Executive Director, the Vice Executive Director, and the Auditor, and the Executive Director is responsible for nominating directors for ratification by the Board of Directors. The term of office of an executive who has been appointed as a replacement for a vacant position shall be the remaining term of office of his/her predecessor. Such executive is required, however, to continue performing his/her appointed tasks and responsibilities beyond his/her term of office, until a successor is appointed.
Article 12 : Executive Appointment and Reappointment

① The Executive Director shall be appointed, in accordance with relevant provisions, from the Board of Trustees, and by postal ballots of the Board of Trustees. Completion of an Executive Director’s appointment is subject to approval at the general meeting and by the competent authorities.
â‘¡The two auditors shall be appointed from the Board of Trustees by the Board of Trustees for approval at the general meeting.
â‘¢ The candidate for Executive Director nominated by the Board of Trustees through voting shall present a proposal for the executive personnel structure for approval by the Board of Directors and at the general meeting.
â‘£ Executives shall be appointed with the approval of the competent authorities.
⑤ Mid-term dismissal of executives other than the Executive Director and the Auditors shall be decided as per the resolution of the Board of Directors.
â‘¥ Executive reappointment provisions are as follows:
1. The Executive Director may be reappointed once.
2. The Vice Executive Directors may be reappointed twice.
3. The Auditors may be reappointed twice.
Article 13 : Responsibilities of Executives
â‘  The Executive Director represents the Society, presides over the affairs of the Society, and chairs the general meetings, the Board of Trustees, and the Board of Directors.
â‘¡ The Vice Executive Directors assist the Executive Director.
â‘¢ The Directors are required to attend Board meetings to deliberate on the affairs of the Society and to perform the tasks and responsibilities that the Board of Directors and/or the Executive Director assigns to them.
Article 14 : Designation of the Executive Director’s Replacement
① In the event of the Executive Director’s absence, a Vice Executive Director designated by the Executive Director shall vicariously perform the Executive Director’s duties.
② In the event of the vacancy of the Executive Director position, a senior Vice Executive Director shall vicariously perform the Executive Director’s duties; however, the Board of Directors shall convene within the shortest time possible to nominate a replacement for the Executive Director.
③ The Board meeting stipulated in paragraph ② of this Article requires the attendance of the majority of the Board members and shall be chaired by the most senior Director. The Executive Director’s replacement shall then be nominated from the majority vote of the Directors in attendance at the said meeting.
Article 15 : Responsibilities of Auditors
The Auditors have the following responsibilities:
1. Auditing of the Society’s estates;
2. Auditing of the Board of Directors’ operations and affairs;
3. Upon discovery of any inappropriateness or illicitness from conducting audits as per items 1 and 2 herein, request for appropriate corrective measures at Board of Directors meetings, Board of Trustees meetings, and general meetings; and, if the case remains unaddressed, reporting of their findings to the competent authorities;
4. Calling of Board of Directors or Board of Trustees meetings for the purpose of reporting outlined in item 3;
5. Testifying on opinions concerning the Society’s estates or the operations/affairs of the Board of Directors, the Board of Trustees, and the General Assembly to the Executive Director, the Board of Directors, the Board of Trustees, and at general meetings; and
6.Signing and dating of minutes of Board of Directors meetings, Board of Trustees meetings, and general meetings.
Chapter 4: General Meeting
Article 16 : General Meeting Functions
General meetings shall be convened by regular members for deliberation on each of the following matters:
1. Approval of revisions to these Articles of Association;
2. Approval of the Executive Director and executive appointments;
3. Approval of business plans;
4. Approval of budgets and settlements; and
5. Other important Society matters.
Article 17 : General Meeting Convocation
â‘  General meetings shall be divided into regular general meetings and extraordinary general meetings. Regular general meetings shall be held once a year, before November 30. Conversely, extraordinary general meetings shall be convened when deemed necessary by the Executive Director.
â‘¡ The Executive Director shall prepare a list of matters to be discussed and notify all members at least seven (7) days prior to the general meeting.
â‘¢ Deliberations at general meetings shall be limited to the matters included in the list mentioned in paragraph â‘¡ of this Article.
Article 18 : General Meeting Convocation Exceptions
â‘  Upon receiving any one of the following requests, the Executive Director shall convene a general meeting within twenty (20) days of the request:
1.Request for convocation by majority of the registered Directors with mention of the specific purpose/s of the meeting;
2.Request for convocation by the Auditors in accordance with Article 15-4; and
3.Request for convocation by 10% or more of the regular members with mention of the specific purpose/s of the meeting.
â‘¡ In the absence of the Executive Director or his/her refusal to call for a general meeting, a general meeting may be called with the approval of the majority of the registered Directors or with a minimum of 1/3rd of the regular members.
â‘¢ The most senior Director in attendance shall preside over general meetings convened as stated in paragraph â‘¡.
Article 19 : Majority Requirement at General Meetings
â‘  General meetings are called to order with the attendance of 1/10th or more of the regular members, excluding the Directors. Written approval of representation by a regular member shall be considered attendance of the said member.
â‘¡ Deliberations at general meetings, excluding appointments, are passed with a majority vote of the regular members in attendance. The chairperson may cast a decisive vote over ties.
Article 20 : General Meeting Resolution Exceptions
The Executive Director or a member may not take part in any deliberation and resolution at general meetings on the following matters:
1. Matters concerning his/her own circumstances; or
2. Financial or asset-related matters in which he/she has a conflict of interest.
Chapter 5: Board of Trustees
Article 21 : Board of Trustees Members
Regular members with the following qualifications may apply for admission into the Board of Trustees with recommendations from three (3) serving trustees:
1. Individuals with tenured professorship at a university (including graduate school) or equal qualifications;
2. Individuals with twelve (12) years or more of experience in teaching and/or conducting research at a university or research facility;
3. Individuals who have been regular members of the Society for a minimum of five (5) years; and
4. Individuals deemed qualified by the Board of Trustees or the Board of Directors.
Upon approval by the Board of Trustees and payment of the Board of Trustees dues, the applicant shall be admitted as a member of the Board of Trustees. Failure to pay membership dues, withdrawal as a member of the Society, and expulsion from the Society shall be grounds for loss of rights as a member of the Board of Trustees.
Article 22 : Chair of the Board of Trustees
The Executive Director shall chair the Board of Trustees.
Article 23 : Functions of the Board of Trustees
The functions of the Board of Trustees are as follows:
1. Nomination of the Executive Director (by means of postal ballots);
2. Nomination of Auditors;
3. Consultation on the management and operations of the Society;
4. Resolution of matters entrusted to the Board at the general meeting;
5. Review and approval of Trustees; and
6. Resolution of important matters as requested by the Executive Director.
Article 24 : Convocation of Board of Trustees Meetings and Majority Requirement
â‘  Board of Trustees meetings are convened directly prior to regular general meetings or when deemed necessary by the Executive Director.
â‘¡Upon receiving any one of the following requests, the Executive Director shall convene a Board of Trustees meeting within twenty (20) days of the request:
1. Request for convocation by the Auditors, in accordance with Article 15-4; and
2. Request for convocation by 1/5th or more of the registered Trustees with mention of the specific purpose/s of the meeting.
â‘¢ Board of Trustees meetings are called to order with 1/5th or more of the registered Trustees in attendance. Written approval of representation by a Trustee, however, shall be considered attendance of the said Trustee. Deliberations are passed with a majority vote of the Trustees in attendance (excluding representatives). The chairperson may cast a decisive vote over ties.
â‘£ Deliberations at Board of Trustees meetings cannot be resolved with written ballots.
Article 25 : Initial Trustees
Initial Trustees shall be nominated by the Board of Directors from the regular members of the Society at the time of revision of these Articles of Association to Trustee-related Articles of Association.
Chapter 6: Board of Directors
Article 26 : Functions of the Board of Directors
The Board of Directors shall deliberate on the following matters:
1. Management of the Society’s affairs;
2. Planning;
3. Budget and settlement;
4. Revisions to these Articles of Association and Bylaws;
5. Management personnel structure;
6. Establishment of regional offices;
7. Establishment of Committees and research groups;
8. Matters assigned to the Board from general meetings and Board of Trustees meetings;
9. Enactments, alterations, and abolitions of regulations; and
10. Other matters concerning the affairs of the Society.
Article 27 : Majority Requirement
â‘  A majority vote of the registered Directors is needed to pass deliberations.
Article 28 : Convocation of Board of Directors Meetings
â‘ The Executive Director shall convene a regular Board of Directors meeting each quarter. The Executive Director, however, also has the authority to convene extraordinary Board of Directors meetings as needed.
â‘¡ Each of the Directors shall be notified in writing of the convocation of a Board of Directors meeting at least seven (7) days before the scheduled meeting, along with a statement of the purpose/s of the meeting.
Article 29 : Board of Directors Meeting Convocation Exceptions
â‘  Upon receiving any one of the following requests, the Executive Director shall convene a Board of Directors meeting within twenty (20) days of the request:
1. Request for convocation by majority of the registered Directors with mention of the specific purpose/s of the meeting; or
2. Request for convocation by the Auditors, in accordance with Article 15-4.
â‘¡ If a meeting is not convened within the twenty (20) days due to the absence of the Executive Director or his/her
refusal to call for the meeting, the meeting may be convened with the approval of the majority of the registered Directors.
â‘¢ At meetings convened as stated in paragraph â‘¡ of this Article, the most senior Director shall preside as the chairperson.
Chapter 7: Assets and Accountancy
Article 30 : Treasury
The Society’s treasury shall be replenished from the following sources:
1. Membership dues remitted by the members;
2. Donations, contributions, or subsidies;
3. Earnings generated from assets; and
4. Other earnings.
Article 31 : Fiscal Year
The Society shall follow the government’s official fiscal year schedule.
Article 32 : Revenue & Expenditure Statement
The Society’s Revenue & Expenditure Statement shall be approved by the Board of Directors, passed at a general meeting, and submitted to the competent authorities along with a business plan at least one (1) month prior to the start of a new fiscal year.
Article 33 : Non-budgetary Credits and Liabilities
Non-budgetary credits and liabilities shall be deliberated upon at general meetings and shall be approved by the competent authorities.
Chapter 8: Supplementary Articles
Article 34 : Dissolution
Dissolution of the Society requires a majority vote of the registered regular members at a general meeting and the approval of the competent authorities.
Article 35 : Disposal of Assets upon Dissolution
Upon dissolution of the Society, the remaining assets of the Society shall be donated to the federal or municipal government or to an academic organization with objectives similar to those of the society, as approved by the competent authorities.
Article 36 : Amendments to these Articles of Association
Amending these Articles of Association requires the approval of two-thirds or more of the registered Directors, deliberation at a general meeting, and approval by the competent authorities.
Article 37 : Bylaws
The Board of Directors shall draft the Bylaws required for implementation of these Articles of Association and shall present the said Bylaws at a general meeting for approval.
Article 38 : Official Announcements
Information stipulated by the law and the following information shall be announced in a daily newspaper:
1. Change of the Society’s name or address of the Society’s place of business; and
2. Matters that the Board of Directors has decided to publicly announce.
Supplementary Articles
1. These Articles of Association shall come into effect on the date of their approval by the competent authorities. These Articles of Association shall affect the affairs of the Society, however, starting on 1 May 1999.
2. The inaugural Executive Director and the Auditors shall be nominated at the inaugural assembly and as recommended by the sponsor.
3. The inaugural Executive Director shall form the inaugural Board of Directors.
4. The term of office of all inaugural executives shall be until 31 December 2001.。
Supplementary Articles
1. (Date of Enforcement) These Articles of Association shall come into effect on the day of their approval by the competent authorities (30 December 2002).
2. . (Date of Enforcement) These Articles of Association shall come into effect on the day of their approval by the competent authorities (3 November 2002).