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Username: spot2
Date/Time: Sun, January 6, 2002 at 11:52 PM GMT
Browser: Microsoft Internet Explorer V5.5 using Windows 98
Subject: A harder time?

Message:
 

 
Thanks for the input, LegalEagle. Just a quick clarification please, if you wouldn't mind.

LE>>it may pay to set up a not-for-profit incorporated society that monitors the site - this has limited liability so that if a registrar did successfully sue, the company would have a harder time getting money from the individuals beind the website.

I understood that a limited liability organisation means that a company **cannot** get money from the individuals behind it. I thought it means if someone sues you, they can take the organisation for every penny it has (which could for the sake of argument be 0), and not have any claim over any individuals running it.
 


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