News

Latest Banknote of 2018 Nominations are

Russia's 100 Rouble Note Bolivia's 20 Bolivianos Note Norway's 500 Kroner Note Mauritania's 50 ouguiya Note Venezuela's 100 Bolivares Note

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Send your nominations to banknoteoftheyear@ibns.biz

 
Missing Notes Register

The following is a list of notes that have been reported as "Missing". Some of the notes have been lost in the postal system between sender and receipient, others have been stolen. If some of your notes have been lost in transit or stolen please send the details the IBNS Webmaster - webmaster@ibns.biz to get them added to this list.

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Auction 78 Online

The catalogue for IBNS Auction No. 78, 2018 containing over 5,200 lots is now available.  Auction Closes Sunday 28th October 2018.

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IBNS Journal 57-3

is avaialble to download: Arcticles cover the work of John White, Suriname 25 Gulden Anton de Kom, Three ABNC Greek Banknotes, Italian WWII Prisoner's Coupons and PoW Cheques of WW1. Login to download your copy.

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Bylaws of the International Bank Note Society

Article Index
Bylaws of the International Bank Note Society
Article I. Name and purpose
Article II. Membership and dues or subscription
Article III. Chapters
Article IV. Officers and Executive Board
Article V. Elections
Article VI. Duties of Officers
Article VII. Meetings
Article VIII. General
Expulsion & Disciplinary Procedures
Reinstatement Procedures

Article VIII. General

Section 1 – Numismatic Memberships

The IBNS will maintain membership in such numismatic and similar organizations as the executive board determines from time to time.

Section 2 – Limitation of Liability

No director or officer of IBNS shall be liable for the acts, receipts, neglects or defaults of any other director, officer or employee, or for joining in any receipt or other act of conformity, or for any loss, damage, or expense happening to IBNS through the insufficiency or deficiency of title to any property acquired by order of the board for or on behalf of IBNS or for the insufficiency or deficiency of any security in or upon which any of the monies of IBNS shall be invested, or for any loss or damage arising from the bankruptcy, insolvency or tortious acts of any person with whom any of the monies, securities or effects of IBNS shall be deposited, or for any loss occasioned by any error of judgement or oversight on his part, or for any other loss, damage or misfortune whatever which shall happen in the execution of the duties of his office or in relation thereto, unless the same are occasioned by his own wilful neglect or default; provided that nothing herein shall relieve any director or officer of any liability imposed upon him by the laws of the District of Columbia or the United States of America.

Section 3 – Indemnity

Subject to the limitations contained in the laws of the District of Columbia of the United States of America, every director and every officer of IBNS and every other person who has undertaken or is about to undertake any liability on behalf of IBNS or any body corporate controlled by it, and his heirs, executors, administrators and other legal personal representatives, shall from time to time be indemnified and saved harmless by IBNS from and against:

  1. any authorized liability and all authorized costs, charges and expenses that he sustains or incurs in respect of any action, suit or proceeding that is proposed or commenced against him for or in respect of anything done or permitted by him in respect of executionof the duties of his office or undertaking; and
  2. all other authorized costs, charges and expenses that he sustains or incurs in respect of the affairs of IBNS.

Section 4 – Official Publication

The official publication of the society is the IBNS Journal. Notices as required by the bylaws if published in the Journal will be deemed to have been received by the members.

Section 5 – Trademarks and Logos

The name the INTERNATIONAL BANK NOTE SOCIETY and the initial “IBNS,” and any seals, logos or trademarks adopted by the society cannot be used for commercial purposes without the specific approval of the executive board of the society. This proscription does not apply to use by recognized IBNS chapters in the advertisement of and publicity associated with bank note fairs or bourses sponsored by the chapters, provided that educational activities are held concurrent with the fair and all profits generated by the fair’s sponsorship shall revert to the chapter treasury. Individual IBNS members offering paper money for sale or trade may, solely for the purpose of identifying themselves as IBNS members or of advertising and promoting the society, use the letters “IBNS” and such society logos, seals and trademarks as the executive board may specifically authorize for this purpose.

Section 6 – Expenses

The Treasurer, as directed and authorized by these bylaws, may pay such amounts as are required in the ordinary operation of the society. Expenses that are of a capital nature, or which are not normally incurred in the day-to-day operation of the society, may be paid only upon executive board approval. The executive board may establish a limit within which such extraordinary payments can be paid upon the direction of the president.

Section 7 - Dissolution

Should the IBNS dissolve or be liquidated pursuant to the non-profit corporation laws of the District of Columbia of the United States of America, any and all assets shall be distributed as provided in the Articles of Incorporation.

Section 8 – Bylaw Amendments

The executive board, by a two-thirds affirmative vote of the members voting, may alter, amend, repeal or otherwise change these bylaws in any manner whatsoever not inconsistent with the Articles of Incorporation and the laws of the District of Columbia of the United States of America. If a proposal to amend these bylaws is to be made at a regularly constituted executive board meeting (as defined in article VII, section 1), the particulars of the proposed amendments must have been furnished each member of the board no later than thirty days prior to the meeting. At any other meeting of the executive board at which amendment to these bylaws is to be made, the notice calling such meeting must have contained the particulars of the proposed amendments. Details of any amendments made to these bylaws are to be furnished to all members as they occur.