Hello,<br><br>An incorporated association means the law recognizes that there is "something", but there is no legal personality and no difference between the association and the members. So the members are fully responsible and act in their own name. Also the bank account is registered to a private person and not to PPI as PPI doesn't have legal personality (thus can't conclude any contracts).<br>
<br>It's confusing they call it association while it isn't one ;) But it's our advantage now because we can change everything in the statutes at the conference. Therefore a change of name, organisation, structure etc. is no problem as there are no legal requirements as to how to change a de facto organisation (contrary to a real association).<br>
<br>It's law and it's confusing, but the Statutes Taskforce will surely find it's head around this ;)<br><br>Greetings,<br><br>Jerry<br><br>PP-Luxembourg<br><br>P.S. One source for what I say: <a href="http://www.belgium.be/fr/economie/entreprise/creation/types_de_societe/associations/index.jsp" target="_blank">http://www.belgium.be/fr/economie/entreprise/creation/types_de_societe/associations/index.jsp</a> (available in english too).<br>
<br><div class="gmail_quote">On Sun, Feb 21, 2010 at 9:08 AM, Info <span dir="ltr"><<a href="mailto:info@pp-international.net" target="_blank">info@pp-international.net</a>></span> wrote:<br><blockquote class="gmail_quote" style="margin: 0pt 0pt 0pt 0.8ex; border-left: 1px solid rgb(204, 204, 204); padding-left: 1ex;">
Hi Jerry,<br>
<br>
You are correct in most of what you write so thanks for the effort of<br>
explaining on the list, but please note that we are a legal entity<br>
since 9th of October, 2009. We are declared as a 'Feitelijke<br>
vereniging' (or unincorporated association) under Belgian law and have<br>
registered bank account 523-0803583-13 at Triodos bank:<br></blockquote></div>