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Has there been a state without an office satisfying the definition of a head of state? This question is mostly about the modern times because I'm not sure if we can give a satisfactory definition for outdated political systems. Please feel free to comment on this, but still the main focus of this question is on the modern world.

ymar
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Switzerland lacks a single head of state, though the members of the 7-head government take it in turns to represent the country as such abroad during the 7-year government term. See also Wikipedia on Politics of Switzerland.

gerrit
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While the U.S. was under the Articles of Confederation, the President of The United States in Congress Assembled was not a head of state. Instead, the role was to ensure impartiality of the congress and enforcement of rules. Articles of Confederation, Presidents of the Congress

Alberto Bonsanto
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Kevin Peno
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In the USSR the head of state was collective: the Presidium of Supreme Council. The state was usually represented and laws signed by the Chairman of the Presidium, but he actually did not have any powers: if he would refuse to sign a law for instance, it would be signed by his deputy.

Anixx
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Since 1974, The Socialist Federal Republic of Yugoslavia (SFRY) had a collective head of state, the Presidency.

It was usually represented by a chairman, a rotating position between the republics and SAPs.

gerrit
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Radovan Garabík
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I think, Bosnia doesn't have a single head of state. There is a 3 member committee consisting of ethnic serb, ethnic croat, and ethnic Bosniac member each.

The committee has a chairman, and he becomes a chairman by rotation.

user366312
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