LinuxSA Mailing list archives

  From: Andrew Gosling <gossie@pcpro.net.au>
  To  : David Newall <davidn@rebel.net.au>
  Date: Tue, 27 Feb 2001 15:22:40 +1030

Re: LinuxSA, Organisers and incorporation

Whilst there are serious responsibilities associated with being an office
holder within an Incorporated body, one thing you definately don't do is put
you house on the line.

In fact one of the reasons for incoporating is to limit the liability of the
office holders. In an in-incorporated body, everything you have can be taken
to statisfy debts etc.

Andrew Gosling



> I don't think that's quite right.  Incorporation make LinuxSA recognisable
> in law, and the office holders, which is the directors or board members,
> and the public officer, can be liable.  There are quite serious
obligations
> of office holders.  It's not just a kudos thing; you are putting your
house
> on the line.


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