30.2. The petitioning colleges shall present, with the application, the by-laws which shall govern the Société.
These by-laws shall indicate, in particular, the composition and powers of the Société, the mode of apportionment of its expenditures among its member colleges, its rules of internal management, the mode of appointment of its directors and their term of office, and how other colleges may become members of the Société and take advantage of the services it provides.