East Carolina University
                                
                       Economics Society
                                
                     CONSTITUTIONAL BYLAWS
                                

Table of Contents:

Article                                                Page No.

Article I.     NAME AND PURPOSE                             2

Article II.    MEMBERSHIP                                   2

Article III.   EXECUTIVE COUNCIL                            3

Article IV.    COMMITTEES                                   4

Article V.     FINANCES                                     4

Article VI.    MEETINGS                                     5

Article VII.   AMENDMENTS AND ADDITIONS                6

Article VIII.  RATIFICATION                                 6

                    East Carolina University
                                
                       Economics Society
                                
                     CONSTITUTIONAL BYLAWS


Article I.     NAME AND PURPOSE

Section 1.     The name of this organization shall be The East Carolina University Economics
               Society.

Section 2.     The purpose of this organization shall be the promotion of leadership, and
               fellowship, and the commitment to excellence in economics.

Article II.    MEMBERSHIP

Section 1.     There may be four kinds of membership, namely: active, faculty, alumni, and
               honorary.

          a.   Active members include undergraduate, and graduate students who have
          previously been oriented into the organization and are registered as students at
          East Carolina University and whose conduct is in accordance with generally
          approved standards.

          b.   Faculty members include those elected to membership by the local Chapter.

          c.   Alumni members include former student and faculty members who have left
          or have graduated from East Carolina University.

          d.   Honorary members include alumni of the institution or other prominent
          persons of their respective community whom the organization has invited into the
          fraternity.

Section II.    In order to be eligible for membership into the organization, the prospective
               member need only to have a genuine interest in economics, and should be a
               member of East Carolina University.

Section 3.     Candidates must be presented for Honorary membership at times deemed
               appropriate by the local Chapter.  It will take a positive vote of fifty percent plus
               one member (50% + 1 member) of the present members, using secret ballot, with
               an open discussion at least one meeting in advance, in order to extend an invitation
               to become an honorary member.

Section 4.     An active member may be suspended or dismissed for non-payment of dues, non-attendance, or conduct unbecoming of a member.  A vote of three-fourths
               (3/4th's) of the active members of the organization shall be required for suspension
               or dismissal.

Article III.   EXECUTIVE COUNCIL

Section 1.     The officers of this Chapter shall be the president, Vice-President,
               Secretary/Treasurer, Parliamentarian, and a Faculty Advisor.  The chapter may ass
               other offices as it deems necessary. All other offices shall comprise the Executive
               Council.  Officers shall be elected annually, between December 1st and January 1st
               of the same academic year.  Upon retirement from office, each officer shall turn
               over to their successor all records of the fraternity in his/her possession.  All
               officers shall attend all meetings of the Executive Council.  All officers shall be
               responsible to the President.

Section 2.     It shall be the duty of the President to be responsible for all the activities of the
               organization and for the conduct of its affairs so that the organization occupies a
               position of respect and usefulness on the campus and in the community.

          a)   The President shall appoint a Parliamentarian of the Chapter.

          b)   It shall be the duty of the Parliamentarian to uphold the integrity of the
          Constitution of the East Carolina Economics Society.  The Parliamentarian shall
          attend all meetings of the Executive Council, to serve as a check against all
          unconstitutional actions of the organization and members, to call members out of
          order during business meetings, to instruct all members in correct parliamentarian
          procedures and constitutional changes, to safe keep all documents pertaining to the
          organization.

Section 3.     It shall be the duty of the Vice-President to perform the duties of the president in
               his/her absence.  The Vice-President shall arrange for all Chapter meetings and
               speakers, and shall place notices of same on the official bulletin board.  The Vice-President is to act as an ex officio member in all standing committees.  All service
               events shall be approved by the Vice-President and must be made public to the
               brotherhood prior to service events.

Section 4.     It shall be the duty of the Secretary/Treasurer to keep minutes of all business
               meetings and report the same at each business meeting, making corrections as
               approved.  The secretary shall keep an up-to-date roll and report of all unexcused
               absences of the members to the President.  The secretary is to handle all
               correspondence and shall make reports as required by the society.  It shall also be
               the duty of the Secretary/Treasurer to collect all fees of the organization.  The
               Secretary/Treasurer will assist the President to submit a budget for the Student
               Government Association to approve, and fund.  Annually, the Treasurer shall
               furnish the fellowship, President and Faculty Advisor with a complete financial
               statement for the year.  The Treasurer shall present financial reports at the request
               of the President and at each business meeting.

Section 5.     It shall be the duty of the faculty Advisor to advise any methods to promote the
               ideals of scholarship, leadership, and fellowship. Upon the resignation of the
               faculty advisor, the vacancy shall be filled by a majority vote of the fraternity.

Section 6.     Any vacancy in the Executive Board shall be filled by an appointment from the
               Executive Council and approved by two-thirds (2/3rd's) vote of the members
               present at the next business meeting.

Section 7.     Nominations for the offices of the society shall be proposed at least one regular
               business meeting prior to their election.  All nominations must be taken from the
               floor.  No minimum of nominations per office is required; however, no person may
               be nominated for more than one office.

Section 8.     Installation of officers shall be held at the last Business meeting in the fall semester
               and they shall serve a one year term with the term expiring at the next fall
               semester.

Article IV.    COMMITTEES

Section 1.     The standing committees of the society shall be the following:
          a)   Public Relations
          b)   Ways and Means
          c)   Intramural / Social Activities
          d)   Scholarship / Alumni
          e)   Special Projects

Section 2.     All committee chairpersons and members shall be appointed by the President
               and/or Vice-President.  The Chairperson shall be required to implement at least
               one service event for the committee per semester as deemed appropriate by the
               nature of the committee.  The committee chair can be subject to removal by the
               President when deemed necessary, subject to approval by the Executive Council.

Section 3.     The list of active committees will be subject to review by the Executive Council at
               the end of each academic year.

Article V.     FINANCES

Section 1.     All active members shall pay dues in the amount deemed necessary by a majority of
               the active membership.  All dues must be paid in full by the 3rd business meeting
               of each semester.  In the event that a payment plan is implemented, a minimum
               amount of forty percent (40%) must be paid in full by the 3rd business meeting,
               with the remainder of the financial obligation due prior to the last business meeting
               of the semester.  Installment payment plans must be submitted in writing and
               signed by the member and the Treasurer, by the 3rd regularly scheduled business
               meeting of the society each semester.  If a plan is not submitted it will be
               considered that the member in question is to pay all fees in one (1) installment. 
               Installment plans may be amended by submission in writing to the Treasurer by the
               member.  The modified installment plan is to be approved by the Executive
               Council.  Automatic suspension will take place in the event that dues are not paid
               by the third business meeting unless a payment plan is implemented.

Section 2.     All costs incident to the granting and maintenance of honorary, faculty, and alumni
               membership shall be sustained by the Society.

Section 3.     Additional assessments may be charged as agreed upon by a majority of the local
               Chapter.

Section 4.     The fiscal year for the Chapter begins January 1 and ends the following December
               31.

Section 3.     A fine of $5.00 will be levied in the event that semester dues are not paid by the
               3rd business meeting of each semester.

Section 6.     No monetary reimbursement will be given to a member for expenses unless the
               member has first contacted the treasurer with an estimate for the expense.  Except
               under extenuating circumstances at the discretion of the treasurer.

Article VI.    MEETINGS

Section 1.     An active member cannot miss two (2) consecutive meetings without an excuse
               acceptable to the President or advisor.

Section 2.     Roll will be taken at the beginning and the end of each regular business meeting. 
               Any member not in attendance for the entire meeting will be considered absent
               without an excuse acceptable to the president or advisor.

Section 3.     An active member cannot miss ant part of the business meeting which consists of
               the election of officers, without an excuse acceptable to the President or Advisor; 
               such an excuse must be submitted in writing within forty-eight (48) hours after the
               absence.  A member who fails to provide an acceptable excuse within the above
               time specifications will pay a $10.00 fine.  Exceptions to this clause can be made at
               the discretion of the President or Faculty Advisor.

Section 4.     All active members must be involved in at least one (1) service event each semester
               providing there are at least 3 events during the semester, for a total of 2 in an
               academic year.  Involvement in a service event is at the discretion of the
               Committee Chair.

Section 5.     Quorum shall be Fifty percent of the membership plus one member (50% + 1).

Article VII.   AMENDMENTS AND ADDITIONS

Section 1.     These bylaws may be amended by a vote of two-thirds (2/3rd's) vote of the active
               members present providing that the proposal was made in writing at least one
               meeting prior to the vote.

Article VIII.  RATIFICATION

Section 1.     These bylaws shall become effective immediately upon ratification of two-thirds
               (2/3rd's) vote of the members present, for the installation of this first constitution.