A council of PESO PAST PRESIDENTS (CPPP) formed, organized and functional as of September 2001 shall handle, manage, monitor, and protect all resources and assets or permanent funds generated or established from previous administration as early as the founding of the organization.  Whereas, currently-generated resources are managed by every incumbent administration, only accumulated resources (earned from previous administrations) are to be managed by CPPP.  These funds are not under the control of the Executive Board.  When not specifically spelled out in the constitution and by-laws, disbursements from these funds, will be as per as resolution by the Executive Board with the concurrence of CPPP.  (Section 1. Article X)

© 2011 Philippine Engineers and Scientists Organization

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