ICANN Resolutions » 1998-10-25 - DISBURSEMENTS
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Authorized financial disbursements.
RESOLVED, the Interim President and the Interim Vice President, or either of them, may authorize disbursements of the Corporation's funds in amounts of $10,000 or less for the expenses of the Corporation. In the event a disbursement greater than $10,000 is needed, the Board or the Interim Executive Committee must approve the disbursement, except regarding insurance which is subject to resolution set forth above.