| comex on Mon, 13 Oct 2008 12:46:57 -0700 (MST) |
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| Re: [s-d] [s-b] Proposal: A less drastic fix... or a kludge? |
On Mon, Oct 13, 2008 at 3:13 PM, Ed Murphy <emurphy42@xxxxxxxxxxxx> wrote:
>> {{{
>> Amend Rule 4E79 by replacing
>> {
>> Officer. Officers of a Corporation
>> }
>> with
>> {
>> Legal Entity bound to them as an Officer; they may optionally define
>> other Officers, who need not be so bound. The Officers of a
>> Corporation who are bound to its Articles of Incorporation
>> }
>> }}}
>
> This would still allow non-parties to be obligated to make the
> corporation fulfill its obligations. In particular, CPA could
> be trivially reworded so that it was not obligated to do anything
> with macks/socks already owned by Pirates.
More context:
These Articles must, at a minimum, give the Corporation a name and
define at least one Officer. Officers of a Corporation shall
collectively ensure...
The proposal would limit the obligation on Officers to Officers who
are bound to the AoI. Or am I missing something?
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