1. Nature of the Latin American Research Review. LARR is a scholarly journal dedicated to the publication of reviews of research on Latin America, original research of general or interdisciplinary interest, research notes, and review essays on books, papers, and articles. Research papers and research notes are subjected to anonymous peer review. As with other scholarly journals, its editors have full editorial autonomy as to content, subject only to the maintenance of scholarly quality, fiscal health, and professional conduct of the affairs of the journal.

2. Selection of the Editors and the Editorial Board. The editor and associate or assistant editors of LARR are named by the Executive Council of LASA, following a process of open bids from interested institutions and individuals. The normal length of tenure of the editor is five years, although the amount of time may be adjusted by the council as necessary at the start of a new bid period. The Editorial Board is nominated by the editor to the Executive Council, which may approve or reject the composition of the board as a whole. If the nominated board is rejected, the editor must submit a revised slate of nominations acceptable to the council. The number of Editorial Board members and their term of office will be set by the council on recommendation of the editor. The primary function of the board is to review manuscripts and provide advice to the editors.

3. Removal or Replacement of the Editors and Editorial Board. The editors may be removed from office by the Executive Council only for cause, to be specified below, and following due process according to common law, including right to counsel, to hear and rebut charges, to call witnesses, and to present a defense, on a two-thirds majority vote of the full membership of the Executive Council. Cause is defined as dereliction of duty, misconduct of the financial affairs of the journal, or failure to maintain the nature of the journal as previously defined. Members of the Editorial Board will not be removed from office, given their limited functions and term of office. Should vacancies appear on the Editorial Board through death, resignation, or refusal to serve, the editor is empowered to fill such vacancies for a term not to exceed that remaining for the vacant position.

4. Content. As previously specified, the editor and associate editors have full responsibility and autonomy for journal content. The council may convey to the editors expressions of interest in content, but such statements are to be advisory and not binding on the editors. By accepting a bid and its accompanying statements, the LASA Executive Council authorizes the implementation of the policies articulated in those documents. It is inappropriate for the LASA Executive Council to intervene in editorial matters unless there is a marked discrepancy between actual policies and the guidelines established in the statement of intent.

5. Staffing. Employment of a managing editor, secretarial and work-study assistance, and other needed staffing is the responsibility of the editor, subject to arrangements with host institutions and the state of LARR finances.

6. Financial Management. The editor shall be responsible for the sound fiscal management of LARR and shall prepare annual reports for the Executive Council. Sources of income for the journal shall include but are not limited to: 1) contributions from the host institution; 2) reduced LASA member subscriptions; 3) direct subscriptions from non-LASA members; 4) advertising; 5) sales of mailing lists; 6) grants and contracts; and 7) interest from revenues. The editor will arrange for the production, printing, and distribution of issues, as well as staff salaries and other expenses. The editor is instructed to maintain a reserve fund equal to one year's printing costs in order to ensure survival of the journal in the event of the insolvency of LASA and to cover short-term funding contingencies.

7. Contributions from LASA. LASA will pay to LARR a fixed subscription for all LASA members, on a pro rata basis per subscription. The cost of the subscriptions per member should be reviewed annually by the Executive Council, taking into consideration LARR's reserve fund and projected revenues and expenses for the coming year. In setting the amount of the reduced subscription rate for LASA members on the recommendation of the editor, the Executive Council shall consider all sources of LARR revenue and the implications of actions that may affect those sources.

8. LARR-LASA Liaison. The Ways and Means Committee of the council has the responsibility to evaluate and study the data and recommendations provided by the editor relative to LARR affairs. The LARR editors will submit a budget proposal to the LASA Ways and Means Committee in September. This budget will serve as the basis for the review of the subscription rate. The LASA executive director and the editor of LARR, under the supervision of the LASA treasurer, will recommend a subscription rate to the LASA Ways and Means Committee and to the LASA Executive Council.

9. Payments. The payments to LARR by the Secretariat of the funds for LASA member subscriptions shall be made in equal quarterly amounts.

10. In the Event of the Dissolution or Insolvency of LASA. Should the Latin American Studies Association be dissolved or become insolvent, it is understood that the association will make no claims on LARR assets. At such time, the journal will revert to the independent status it held before the founding of LASA, and the editors may seek alternative organizational status and explore other sources of revenue to replace LASA member subscriptions.

11. Executive Council Meetings. The editor of LARR shall be entitled to attend, without vote but with voice, the meetings of the LASA Executive Council.