Historical Resolution Tracking Feature » 2001-03-13 - Handling of DNSO Funds
Important note: The explanatory text provided through this database (including the summary, implementation actions, identification of related resolutions, and additional information) is an interpretation or an explanation that has no official authority and does not represent the purpose behind the Board actions, nor does any explanations or interpretations modify or override the Resolutions themselves. Resolutions can only be modified through further act of the ICANN Board.
2001-03-13 - Handling of DNSO Funds
Board authorizes President to maintain a separate bank account for DNSO funds.
- Create separate bank account for DNSO funds
- Responsible entity: President
- Due date: None provided
- Completion date: Records unavailable
Whereas, the Audit Committee has reviewed and reported to the Board on the practices by which ICANN receives, handles, and disburses funds contributed to the support of the Domain Name Supporting Organization;
It is therefore
Resolved [01.36] that the President is authorized, until further action by the Board, to maintain a separate bank account for holding funds contributed to the support of the Domain Name Supporting Organization, to place in that account funds contributed for that purpose, and to make disbursements from that account upon authorization of the Names Council or its designee.
- The resolution does not address funding for the items identified therein.