Margaret said:
Any balance in the IASA accounts, any IETF-specific intellectual
property rights, and any IETF-specific data and tools shall also
transition to the new entity. Other terms shall be negotiated
between the IETF and ISOC.
Just a nit, perhaps... It is my understanding that ISOC can only
transition funds to "the new entity" if the new entity is a
501(3)(c) corporation whose goals are in alignment with ISOCs
charitable, scientific or educational purposes, or something
like that. I don't know all of the details, but it might be good to
add "To the extent allowed by law," (or something similar) at the
beginning of the first sentence above.
This seems reasonable..... Lynn pointed out that ISOC can actually pay
money to many different things, but the consequences depend on the details.
So the new text becomes:
To the extent allowed by law, any balance in the IASA accounts, any
IETF-specific intellectual property rights, and any IETF-specific data and
tools shall also transition to the new entity. Other terms shall be
negotiated
between the IETF and ISOC.
OK?
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