- Category: Administration and Budget
- Topic: Insurance
- Board meeting date: 25 October 1998
- Resolution number: 98.9
- URL for Board minutes/resolution: http://www.icann.org/en/minutes/minutes-25oct98.html
- Status: Completed
Summary
Authorized purchase of insurance.
Text
RESOLVED, that each of the officers of the Corporation be, and they hereby are, authorized to investigate, purchase (unless the cost of the insurance exceeds $60,000 in which case such expenditure shall be approved by the Board or the Interim Executive Committee) and maintain insurance on behalf of any director, officer or agent of the Corporation against any liability asserted against or incurred by the agent in such capacity or arising out of the agent's status as such whether or not the Corporation would have the power to indemnify the agent against such liability under the provisions of the California Nonprofit Public Benefit Corporation Law.
Implementation Actions
- Investigate, purchase and maintain insurance
- Responsible entity: ICANN Staff
- Due date: None provided
- Completion date: 1998
Other Related Resolutions
-
- TBD
Additional Information
-
- No additional funding provided.
Explanatory text does not modify or override Resolutions. See Board Resolutions Page for more information.
