PATRIMONY AND SOCIAL RESOURCES
is capable to acquire goods and contract obligations. Consequently it can
operate with public and private banking and financial institutions.
patrimony consists of the goods it currently possesses, and those it may
acquire henceforth under any title, and of the resources it obtains from:
ordinary and extraordinary quotas paid by the members;
rents its goods produce;
donations, inheritances, bequeaths and subventions;
income it may obtain as a result of activities within the framework of its
other income it may legally obtain in concordance with the non-profit character
of the institution.
structure of the LACNIC includes the following elements:
- The Members: who hold the power in the institution;
- the Assembly, which is the sovereign organ of the institution;
- The Board of Directors, which manage and administer the institution;
- The Fiscal Commission; which controls the functioning of the institution and
the actions of the Board;
- The Electoral Committee; which is in charge of the organization of
- The Committees; which execute the diverse actions of the institution.
* Article modified at the Member Assembly held on May 29, 2008.