On 20 January 1699, Louis XIV gave the Company its first rules. The Academy received the name of Royal Academy of Sciences and was installed in the Louvre in Paris. Following this reform, the Academy began publishing a volume each year with information on all the work done by its members and obituaries for members who had died. This reform also codified the method by which members of the Academy could receive pensions for their work. The academy was originally organized by the royal reform hierarchically into the following groups: Pensionaires, Pupils, Honoraires, and Associés. The reform also added new groups not previously recognized, such as Vétéran. Some of these role's member limits were expanded and some roles even removed or combined throughout the course of academy's history. The Honoraires group establish by this reform in 1699 whose members were directly appointed by the King was recognized until its abolishment in 1793. Membership in the academy only exceeded 100 officially recognized full members in 1976, 310 years after the academy's inception in 1666. The membership increase came with a large-scale reorganization in 1976. Under this reorganization, 130 resident members, 160 correspondents, and 80 foreign associates could be elected. A vacancy only opens upon the death of a member, as they serve for life. During elections, half of the vacancies are reserved for people less than 55 years old. This was created as an attempt to encourage younger members to join the academy. The reorganization also divided the academy into 2 divisions. One division covers the applications of mathematics and physical sciences, and the other covers the applications of chemical, natural, biological, and medical sciences.