This draft chapter is a work in progress with provision to the public for information purposes only. Because it is a work in progress, there are sections either that are missing now or that require revisions later.

Permission to cite any part of this work requires unanimous acceptance of the Society's Board of Directors.

ARTICLE I

SECTION 1

We constitute ourselves a voluntary social welfare organization under the name of" Tibetan Museum Society," for the following purposes, to-wit:

(a) To support selected museums and institutions that enriches the arts with display of historically significant representations of Buddhist culture;

(b) To protect sacred, religious shrines, from which Buddhist art is gathered for public sale or display against removal without consent, artifacts of any kind — and to further facilitate the repatriation of any sacred work, previously obtained by illicit means.;

(c) To promote reforms in the International trade laws that protect and further respect this religious and historically significant artwork, property and architecture;

(d) To procure uniformity and certainty in the law respecting such property in all countries;

(e) To abolish abuses and unfair practices and methods in connection with the distributions of such property, including, but not limited to the sale through such on-line services as E-bay;

(f) To promote and foster by all lawful means the interest of Asian Art in general and Buddhist art specifically;

(g) To promote friendly intercourse and united action among appraisers, auction houses, dealers, distributors and collectors along with the originating source of the property;

(h) To adjust and arbitrate differences and controversies between its members;

(i) To acquire, own and sell personal property, and to accumulate and maintain a Reserve Fund to be used in carrying out any of the objects of the Society;

(j) To seek paid corporate sponsorship of website and additional programs;

(k) To enter into agreements with other similar social welfare organizations in foreign countries, providing for the reciprocal protection of the rights of the members of each Society;

(l) To advocate museum exhibition of Asian art from ancient Tibet and Mongolia;

(m) Though not allied with any political group or religious sect, to support concerns that protect the fundamental humanitarian right to freedom of religious expression;

(n) To organize members exclusively for charitable and educational purposes; including for such purposes, the making of distributions to organizations that qualify as exempt organizations under Section 501(c)(3) of the Internal Revenue Code;

(o) To do any and all other acts or things which may be found necessary or convenient in carrying out any of the objectives of the Society or in protecting or furthering its interests or the interests of its members.

SECTION 2

The principal office of the Society is to be located in the greater region of the District of Columbia.

ARTICLE II

DURATION

The duration of the Society shall be perpetual.

ARTICLE III

MEMBERSHIP

SECTION 1

CLASSES OF MEMBERSHIP

The membership of this Society shall be divided into two classes, as follows:

A. PARTICIPATING CLASS

The following shall be eligible to be elected to membership in this class:

Authors, appraisers, auction Houses, Collectors, Dealers, Distributors, Historians, as well as all Asian Art and Buddhist Art experts and supporters.

B. HONORARY MEMBERSHIP

Any person, group or organization which has rendered or publicly displayed Buddhist Art of notable or conspicuous concern, may be eligible to membership in this class and elected there to by vote greater than 75% of the Board of Directors.

Members in either class shall not be entitled to vote, or share in any of the rights, benefits, privileges, or emoluments of the Board of Directors.

SECTION 2

APPLICATION FOR MEMBERSHIP

Application shall be made in such form and include such information as shall be prescribed by the Society.

SECTION 3

INTENT OF APPLICATION

The signing and presentation of such an application to the Society shall be deemed and construed to be an agreement on the part of the applicant to endorse the principals of these Articles of Association.

SECTION 4

ELECTION TO MEMBERSHIP

Applicants to honorary membership may be elected by the Board of Directors, which may delegate the authority to elect these members as it sees fit.

SECTION 5

WITHDRAWAL FROM MEMBERSHIP

The participating class of membership may elect to terminate Society membership at any time, by contacting the Society through any available written means of communication. The honorary class of membership shall abide by the Board of Directors decision, that shall forthwith, adopt appropriate procedures for the withdrawal from honorary membership in compliance with all rules, regulations and requirements of the Society.

ARTICLE IV

BOARD OF DIRECTORS

SECTION 1

MANAGEMENT AND ELECTIONS

The government of the Society shall be managed by a Board of Directors. The Board of Directors shall, as far as practicable, represent the concerns of the Society's members, and shall participate in the Society's revenue acquisition and distributions. Commencing with the election in the year 2006 the Board of Directors shall be elected for a four-year period in the manner hereinafter in this Article provided.

There shall not be eligible for election to the Board of Directors more than one representative from any single group of affiliated employees or members. By the expression, "affiliated" is meant a group of two or more controlled through stock ownership by any one of such group or all of which are either directly, or indirectly controlled by any other person, co-partnership, firm, association or corporation.

75% participation of Board members shall be necessary to constitute a quorum, and the affirmative vote of the majority of those present and voting, but in any event no fewer than 75% affirmative votes of all Board members, including those voting in abstention, shall be sufficient to adopt or pass any motion or resolution authorizing or directing any act or thing within the power of the Board. Any number less than a quorum may meet and adjourn from time to time until a quorum is present.

The Board may determine the rules of its procedure and make any and all regulations necessary for the carrying on of the business of the Board of Directors and the Officers, agents, and servants of the Society. Former Chairs of the Society shall be ex-officio members of the Board of

Directors, without the right to vote, unless elected to the Board of Directors for an additional term.

SECTION 2

MEETINGS OF THE BOARD

The Board shall meet at least four times each year and shall hold a meeting in each year in which the Board shall be elected. Notices of regular or Special Meetings of the Board of Directors shall be given by the Chairman of the Board or the Secretary to each Director in such form as the Board of Directors may prescribe, at least two days previous to the time fixed for the meeting.

Special Meetings of the Board of Directors may be called by the Chairman of the Board and shall be called by written request of any three unanimously concerned Directors.

SECTION 3

MINUTES OF BOARD MEETINGS

The Board of Directors shall keep minutes of its meetings.

SECTION 4

MANNER OF ELECTION OF DIRECTORS

Members of the Board of Directors shall be elected in the following manner commencing with the year 2010 and in each alternate election year thereafter:

(a) The Chairman of the Board shall appoint a Selection Committee of the Board. The Selection Committee shall be appointed no fewer than sixty days prior to the date of the Election Meeting.

(b) The Selection Committee shall nominating candidates for each Board post no fewer than thirty days prior to the date of the Election Meeting.

(c) Each incumbent Director shall be automatically re-nominated, subject to eligibility for re-election, unless that incumbent Director otherwise instructs the appropriate Nominating Committee in writing.

(d) The Nominating Committees shall be instructed to nominate non-incumbent candidates to the Board - mindful of the diversity of the Society's membership and repertory. In the event that an incumbent Director fails to stand for re-election (or in the event of a vacancy), then the appropriate Nominating Committee shall nominate additional candidates to stand for election such that the total number of candidates (including incumbents) shall be at least the total number of the incumbent board.

(e) In any election for the Board of Directors, the candidates for Directors shall include, in addition to those candidates chosen by the Nominating Committee, any person eligible to be a Director who is designated by a petition of no fewer than 10% of the total society's membership.

(f) The Nominating Committees shall jointly constitute the Committee on Elections. This Committee, subject to the regulations contained in this Section 4, shall hold office only until it shall have certified to the Board of Directors the result of the particular election of which it had supervision. Each member of such Committee shall have one vote. Such Committee may elect its own Chairman.

(g) The Committee on Elections shall prepare a ballot in such form as shall be approved by the Board of Directors, showing in respect of each vacancy the class or division of membership from which the nominee must be chosen, the name of the present incumbent if a candidate, together with a statement on the ballot that each incumbent's name is placed thereon by mandate of the Articles of Association. One ballot, and one only, shall be made available for the use of each active Board Member in good standing, and each member of the Committee on Elections except that lost, misplaced, mutilated or destroyed ballots may be replaced in the sole discretion of the Committee on Elections.

Each qualified member may cast his, her or its vote by mail or personal delivery to the Committee, or by such other means as the Committee shall prescribe. All votes must be thus cast and received not later than midnight five days before the date set for the Election Meeting. Votes received thereafter shall not be counted. The Committee shall appoint its choice of tellers, exclusive of members of the

Board of Directors or any candidate, and shall make all rules for totaling, tabulating and counting the votes cast. It shall be privileged to call upon the management and staff of the Society for any required assistance. The candidate receiving the highest number of votes cast shall be deemed elected. In case of a tie between the two highest, the candidate who has been longest a member of the Society shall be declared elected. The Committee on Elections after canvassing the vote, shall by written certificate presented to the Chairman of the Board, certify the names of the winning candidates together with a statement showing the number of votes cast for each candidate.

All ballots, tally sheets and other memoranda, incident to the tabulation of the votes shall be retained for thirty days and be available for examination or recount by any committee of not less than five members in good standing; provided, however, that only one such examination or recount shall be performed for any election, and provided further that, in the event such examination or recount fails to change the outcome of such election, the cost of the examination or recount shall be borne by the members requesting it.

ARTICLE V

POWERS OF THE BOARD OF DIRECTORS

SECTION 1

MANAGEMENT

The Board of Directors shall have charge of and supervision over the general management of the business of the Society, and in addition to the powers by these Articles expressly conferred upon it, may exercise all such powers and do all such acts and things as may be exercised or done by the Society.

SECTION 2

ENUMERATED POWERS

Without prejudice to the general powers conferred by the last preceding section and the other powers conferred by these Articles, it is hereby expressly declared that the Board of Directors shall have the following powers, that is to say:

To make contracts or authorize contracts to be made by Officers of the Society or by any of the committees provided for by these Articles; to fix the rate, time and manner of payment of all work registered with the Society as deemed appropriate by contractor or service provider thereof.

To purchase or otherwise acquire for the Society any property, rights and privileges which the Society is authorized to acquire, at such prices and on such terms and conditions, and for such considerations, as it deems fit.

To appoint and at its discretion remove or suspend, such assistant secretaries, assistant treasurers, managers, subordinates, assistants, clerks, agents and servants, permanently or temporarily, as it may from time to time think fit, and to determine their duties and fix and from time to time change their salaries or emoluments, and to require security in such instances and in such amounts as it may deem fit.

To confer by resolution upon any committee or Officer of the Society the right to choose, remove or suspend such subordinate Officers, agents or servants. To determine who shall be authorized to sign, on the Society's behalf, receipts endorsements, checks, releases, contracts and documents.

From time to time to provide for the management of the affairs of the Society in such manner as it thinks fit, and in particular from time to time to delegate any of the powers of the Board of Directors to any committees, Officers or agents, and to appoint any persons to be the agents of the Society, with such powers (including the power to sub-delegate) and upon such terms as may be thought fit.

To appoint and dissolve all committees; to define, alter and regulate the jurisdiction and exercise original and supervisory jurisdiction over any and all subjects and matters referred to said committees; to direct and control their actions or proceedings at any stage thereof. To seek the expulsion of any member on the grounds set forth in Article III, Section 8, or in Section 8 of this Article, or on the following grounds, upon compliance with the procedures set forth in Section 9 of this Article: (a) making a false or misleading statement on a material point to the Society; (b) criminal activity; (c) failure to comply with the rules, regulations, requirements and obligations of membership;

SECTION 3

Directors as such shall not receive any salaries for their general services; however, specific tasks may be charged against retainer, such as accounting and legal fees.

ARTICLE VI

INDEMNIFICATION OF DIRECTORS AND OFFICERS

The Society shall indemnify and hold harmless each person who has served or shall hereafter serve as a Director or Officer of the Society from and against any and all claims and liabilities to which such person shall have or may become subject by reason of such person's having heretofore or hereafter been a Director or Officer of the Society or by reason of any action alleged to have been heretofore or hereafter taken or omitted by such person as such Director or Officer, and shall reimburse each such person for all legal and other expenses reasonably incurred by such person in connection with any such claim or liability; provided, however, that no such person shall be indemnified against, or be reimbursed for any expense incurred in connection with, any claim or liability arising out of such person's own gross negligence or willful misconduct. The rights accruing to any person under the foregoing provisions of this Article shall not exclude any other right to which such person may be lawfully entitled, nor shall anything herein contained restrict the right of the Society to indemnify or reimburse such person in any proper case even though not specifically herein provided for. The Society, its Directors, Officers, employees and agents, shall be fully protected in taking any action or making any payment under this Article, or in refusing so to do, in reliance upon the advice of counsel.

Disclaimer:

This draft chapter is a work in progress with provision to the public for information purposes only. Because it is a work in progress, there are sections either that are missing now or that require revisions later.

Permission to cite any part of this work requires unanimous acceptance of the Society's Board of Directors.

The final version of this document will issue on June of 2006.