The President or whoever replaces the President under these Bylaws shall have the following powers and responsibilities:
To represent LACNIC together with its Vice President, Secretary and/or Treasurer;
To summon Member Assemblies as well as to summon and chair Board meetings;
During Board meetings, the President or whoever replaces the President under these Bylaws shall have voting rights equivalent to those of the other Board members; in the event of a tie, he/she shall vote once again to break the tie;
To sign correspondence and the minutes of Board meetings and Member assemblies jointly with the Secretary;
To authorize expenditure accounts jointly with the Treasurer, signing receipts and other Treasury documents in accordance with the decisions of the Board. The President may delegate this function to LACNIC staff. He/she shall not allow social funds to be invested in anything other than what is specified in these bylaws;
To lead discussions as well as to suspend and terminate Board meetings and Assemblies when these get out of order and disrespect is shown;
To oversee the evolution and administration of LACNIC, complying with and enforcing the Bylaws, regulations and the resolutions of the Assemblies and the Board of Directors;
To penalize employees who do not fulfill their obligations and to adopt resolutions in unforeseen circumstances. In both cases, these will be "ad referendum" of the next Board meeting. The President may delegate this function to LACNIC staff.
*Article modified at the Member Assembly held on 3 May 2016.