Re: newIANA (was Fram behind closed doors via opaque channels)

[Dan Steinberg <dstein@travel-net.com>]

Carl Malamud wrote:
> 
> > Whoops! I am in California as I write this.  Just think of why 80% of US
> > corps are Delaware corps. Even Netscape is a Delaware corp. Sacramento
> > flies the "Jolly Roger", right under the bear. Even if you operate here,
> > you DON'T want to incorporate here. It costs almost four times as much.
> > (and I hope the California Department of Commerce reads this).
> 
> Not true.  The IANA would be a nonprofit corporation and there are
> no significant advantages to Delaware over California in the case of
> a tax-exempt corporation with no shareholders.  There are minor
> differences in incorporation fees and the like, but over the long haul
> it doesn't matter.
> 
> Carl

This is only true if the eventual structure is a standard
501(c) non-profit.  One of the reasons to bring in Professor
Frankel was to have expertise on-site in case other
structures were deemed preferable. At this point, nothing
precludes other structures, although the list of
possibilities is limited.  I believe Karl Auerbach was going
to lead a team researching the possibilities and report
back.


Dan Steinberg
MBA LLB BSc		

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