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Summary  

Board approved the transfer of $11 million from working capital to the Board restricted Reserve Fund.

Text

Whereas, the ICANN Board adopted the Investment Policy in November 2007;

...

Resolved (2009.08.27.03), that the Board approves the recommendation of the BFC that the CFO be directed to transfer $11 million from working capital to the Board restricted Reserve Fund

Implementation Actions

  • Transfer funds
    • Responsible entity: ICANN CFO
    • Due date: None specified
    • Completion date: September 2009

Other Related Resolutions

  • TBD

Additional Information

  • No additional funding provided.

Explanatory text does not modify or override Resolutions.  See Board Resolutions Page for more information.

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