RE: [apnic-talk] Re: [JPNIC intl-wg 243] Re: comments on legal documents
Thought you may like to know that since the Singapore law firm handled APNIC structure, they
improved on it for APIA. Instead of the DG holding the one share, APIA Ltd has a special
committee called APIA which holds the one share on behalf of APIA Ltd. APIA Special
Committee is then a membership based organisation, which means the members hold the one
share on behalf of APIA. It helps clean up the dangers of a bearer share.
Laina RG
--- On Mon, 18 May 1998 12:59:16 +0800 "David R. Conrad" <davidc at apnic dot net> wrote:
Obata-san,
I'm not sure I see how the second "endorsement" (presumably the DG being
"endorsed" to hold the APNIC Pty Ltd. share) actually impacts much of
anything. The DG has the share simply because _somebody_ had to have it --
given the Trust Statement, the ownership of the share does not confer any
significant rights. Would it make things simpler if the chair of the EC
has the share?
If you're indicating the second endorsement is from the membership, it is
unclear to me how the alternative you offer below differs very much from
the existing situation.
-------------------------------------
Name: Laina Raveendran Greene
E-mail: laina at singnet dot com dot sg
Date: 19/05/98
Time: 11:12:57
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