ICANN Resolutions » 2003-03-27 - Check-Signing Authority

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2003-03-27 - Check-Signing Authority


Resolution of the ICANN Board
Topic: 
Check-signing Authority
Summary: 

Board authorizes key officers to authorize disbursements of the Corporation's funds and sign checks within specified parameters.

Category: 
Administration and Budget
Meeting Date: 
周四, 27 三月 2003
Resolution Number: 
03.50, 03.51, 03.52, 03.53
Status: 
Complete
Implementation Actions: 
  • None
    • Responsible entity: None
    • Due date: None provided
    • Completion date: None
Resolution Text: 

Resolved [03.50] that the Vice President and General Counsel, Louis Touton, may authorize disbursements of the Corporation's funds, and sign checks of the Corporation, in amounts of US$ 10,000 or less;

Further resolved [03.51] that, upon his taking office as President of the Corporation, Paul Twomey may authorize disbursements of the Corporation's funds, and sign checks of the Corporation, in amounts of US$ 50,000 or less;

Further resolved [03.52] that, upon his taking office as President of the Corporation, Paul Twomey may authorize disbursements of the Corporation's funds, and sign checks of the Corporation, in amounts exceeding US$ 50,000, when so authorized by action of either the Board, the Finance Committee, or the Executive Committee. Such authorizations shall be given upon a showing that they are within the President's authority; and

Further resolved [03.53] that the authorizations to disburse funds and to sign checks as set forth in Board resolutions 01.30 through 01.33 shall cease to be effective as of the adoption of this resolution.

Additional Information: 
  • The resolution does not address funding for the items identified therein.