Re: ISPs as stakeholders

[Amadeu Abril i Abril <pab@fcr.es>]

Marcel Schneider wrote:
[...]
> 
> Got an answer for our lawyers and try to translate:

[...]

> The amount of liablity, however, in Dollars/Francs etc. may be
> significantly lower than those of an Ldt. The statutes of a
> 'Verein' define this amount. You may check for CORE.

Just to clarify things: liability is limited for members (as in most corporate
forms) NOT for the association (Verein) itself.
> 
> There are several benefits from organizing as a 'Verein':
> 
> 1. Membership is very flexible. Even expelling members is no
>    big deal (reasons should also be stated in the statutes).
>    There is no mix-up with shares which are owned and have to be
>    sold etc.
> 
> 2. The structure (the organizational form) of a 'Verein' is very
>    flexible.
> 
> 3. Other benefits may be regarding tax. A 'Verein' is per se not
>    profit oriented and therefore may not be required to pay taxes.
> 
> In my view founding CORE as a 'Verein' appears to have been a
> good idea. 

I agree. For a while I preferred the "cooperative" form, but after a more
carefull checking I realised that the Civil Code Assocaition (Verein, auf
Deutsch) was a good idea. But I'm not that neutral here.... ;-)

Amadeu, who always advocated Swiss law as the applicable law to CORE
association, and Geneva as the location of its Permanent Secretariat (even
against Bercelona!)