[Actionchix] LinuxChix as a legal entity

lawgon at thenilgiris.com lawgon at thenilgiris.com
Fri Apr 7 15:18:02 EST 2006


> On Fri, Apr 07, 2006, lawgon at thenilgiris.com wrote:
>> i will give a model for a trust - which would be legal in India, and
>> with
>> a little tweaking, the rest of that part of the world that derives its
>> law
>> from the English Common Law. It would have to be registered in the
>> country
>> where the majority of the trustees reside
>
> This strikes me as another vulnerability: if we had, say 3 trustees in
> India and 2 in Australia, we're vulnerable to the entire trust being
> invalid as soon as one of the trustees in India decides they don't want
> to play anymore, if I understand what you're saying.

The only thing that cannot be guarded against is if *all* the trustees
abscond at the same time - 5 is an ideal number, I think there are at
least 5 available, and i am 99% sure that all 5 wont conspire to vanish at
the same time



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