Artikel 14

1. The Organization has international legal personality and has the capacity to:
a) Contract and conclude agreements with governments, organizations and other bodies;
b) Acquire and dispose of immovable and movable property; and
c) Institute legal proceedings.
2. In the territory of each of its Member States, the Organization shall enjoy, to the extent provided for in an agreement with the Member State concerned, such privileges and immunities as may be necessary for the exercise of its functions and the fulfilment of its aim and objectives.
3. No Member State, Associate Member or Affiliate Member shall be liable, by reason of its status or participation in the Organization, for acts, omissions or obligations of the Organization.