ICANN Resolutions » 1998-10-25 - BANK RESOLUTIONS
Important note: The Board Resolutions are as reported in the Board Meeting Transcripts, Minutes & Resolutions portion of ICANN's website. Only the words contained in the Resolutions themselves represent the official acts of the Board. 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.
Authorized opening of bank accounts and accepting of funds.
FURTHER RESOLVED, that the officers of the Corporation are authorized to accept donations and other funds on behalf of the Corporation.
FURTHER RESOLVED, that any such depository to which a copy certified by the Secretary or any Assistant Secretary of the Corporation of these resolutions shall have been delivered shall be entitled to rely thereon for all purposes until it shall have received written notice of the revocation or amendment of these resolutions by the Board.
FURTHER RESOLVED, that any form of specific resolution required by any such bank, trust company or other similar institution to establish an account, as appropriately completed and executed by any officer of the Corporation, is hereby adopted, and that the Secretary (or, if there is no Secretary, by an Assistant Secretary) is authorized to certify such resolutions as so completed as having been adopted by this written consent, a copy thereof to be filed with the minutes of the Corporation.