Article 17

The Association's accounts shall be closed annually on June 30 of each year.

V. General Provisions

Article 18

Communications of the Association shall be made by publication in the "Feuille Officielle Suisse du Commerce" (FOSC). Communications to members are made by simple letter or by a circular letter, unless otherwise required by law.

Article 19

The Association shall be validly engaged by the joint signature of two authorized individuals. The Chairman and Vice-Chairmen of the Board of Directors, as well as the Treasurer, may sign between themselves or with another person designated by the Board of Directors.

VI. Winding-up and Liquidation

Article 20

20.1 The Annual Meeting may at any time decide to wind up and liquidate the Association.

20.2 The assets of the Association shall not be redistributed among the members under any circumstances, nor used for their benefit, in whole or in part, in any manner whatsoever, but shall be transferred to an institution pursuing aims analogous to those of the Association.