[Aust-NZ] Time to move - Incorporation ofOSGeo-AustNZ [SEC=UNCLASSIFIED]

[Bruce Bannerman]

Brent,

*Public Liability Insurance as described by Antti.*Association & Officials
Liability Insurance where public officers may be held personally liable for
the debts of the entity.
I'll send you more details through off line as I don't want to inundate our
potential insurers with inquiries at this stage of negotiations.

Bruce




On Thu, Feb 5, 2009 at 2:55 PM, <pcreso at pcreso.com> wrote:

> Hi Bruce,
>
> I'm still unclear as to what the insurance will cover. The point of setting
> up as a distinct legal entity (incorporation) is so that members have no
> individual legal liabilities. Sure, if someone really wants to, they can sue
> the association, but if it doesn't have any assets there isn't much point.
>
> None of the groups I've been involved with have seen a need for any
> insurance, specifically because of the legal protections afforded by
> incorporation.
>
> Members can still be held liable for anything illegal they may undertake in
> the association's name, but you can't normally get cover for illegal acts,
> and any members who were not party to those acts are pretty safe anyway.
>
>
> Can you please explain what liabilities or risks the proposed insurance
> cover is for?
>
>
> Thanks,
>
>  Brent
>
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