On Mon, Oct 13, 2008 at 10:17, Roger Hicks <[EMAIL PROTECTED]> wrote:
> Without three objections I intend to amend the RBOA agreement as follows:
> {
> Replace section 2 with:
> {{
> Any person who owns a non-zero number of Chits may become party to
> this agreement by announcement. Parties to this agreement are known as
> Bankers. The Bankers shall act collectively to fulfill the obligations
> required of this contract.
> }}
> Create a new section with the text:
> {{
> Any Banker may initiate a Bank Motion by announcement. A Bank Motion
> may specify one or more of the following actions:
> * A change to the exchange rate for a currency
> * Any action the RBOA can perform as a person
> Each Banker may either approve or disapprove of a Bank Motion by
> announcement. A minimum of two and a maximum of seven days after the
> initiation of a Bank Motion any Banker may resolve that Motion. At the
> time of resolution, if the total number of chits owned by Bankers who
> approved of the Motion exceeds the total number of chits of Bankers
> who disapproved of the Motion, then the Banker who resolves the motion
> shall carry out any actions specified by that motion. The Banker is
> authorized to act on behalf of the RBOA for the purposes of resolving
> said Motion.
> }}
> }
>
Without three objections I make the above changes.
BobTHJ
