ICANN Resolutions » 2001-03-13 - Handling of DNSO Funds
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Board authorizes President to maintain a separate bank account for DNSO funds.
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.