[wlug_org] Online Voting & Wellylug monies etc....
Wood Brent
wlug_org@lists.naos.co.nz
Sun, 8 Aug 2004 19:05:49 -0700 (PDT)
> >
> -Formality avoidance strategy.....
>
> "..There is, however a risk once money starts floating around of
> wellylug being seen (legally) as effectively a partnership doing
> business (which means all members are equally liable). So if we're
> going to build up a war chest of money, etc then some more formality
> might be in order..."
>
> Ewen McNeill.(July 30)
>
We have money. We are already trying to work out how to spend it. As far as I
know, there is nothing stopping the situation happening again (and again).
Ewn's comment is quite appropriate if we are considering what to do IF we have
a war chest. However it is a bit late, so in effect his comment (using
programming parlance) actually becomes:
if [ wellylug has money ]
then
some more formality might be in order...
fi
Well, guess what!!
We actually need something to say Wellylug will never have any $$$ or other
assets, and a way of making true (I can put $10 in my pocket & say it is a
donation to the LUG" any time, no rules or guidelines to stop me), or,
the alternative, which is say how $$ will be got rid of if we have some.
In either case it requires a rule of some sort.....
Brent