On Sat, Apr 12, 2008 at 6:37 PM, ihope <[EMAIL PROTECTED]> wrote:
> On 12/04/2008, Charles Reiss <[EMAIL PROTECTED]> wrote:
[snip]
>  >  ? Consider allowing acting on behalf for the purpose of fulfilling
>  >  marker-holder's obligations?
>
>  Good idea. Could this be automatic? It is triggered manually, after
>  all, and so far I seem to be getting away with it in the Bank of
>  Agora.

You're probably going to need explicit language to allow the other
person to announce the spending on behalf of the spender. As AFAIK
there are no formal rules governing granting limited power-of-attorney
(ignoring powers to cause partnerships to act), this is governed by
CFJ precedent, see, e.g., CFJs 1833-1835. Your current proto language
might be argued to implicitly grant this (though I'd probably judge
that it didn't), but it'd be wise to be explicit as the precedent on
acting-on-behalf isn't that expansive. And the rules only allow the
spending of notes by announcement, so there's going to have to be an
announcement of it that makes the spending effective.

-woggle

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