delete the article 5

This is not necessary anymore because all the transactions need to be approved
by SPI. The treasurer's role would become "the person who is regularly in
contact with SPI's treasurer". This person has no authority and cannot be
in legal trouble so everything is fine.

2 files changed, 0 insertions, 36 deletions

diff --git a/bylaws.pdf b/bylaws.pdf
index 4651686..b10e9d4 100644
--- a/bylaws.pdf
+++ b/bylaws.pdf
diff --git a/bylaws.tex b/bylaws.tex
index 34afd9c..b7b2069 100644
--- a/bylaws.tex
+++ b/bylaws.tex
@@ -644,42 +644,6 @@ The duties of the Treasurer shall include, but not limited to:
 	Board may assign.
 \end{enumerate}
 
-\article{PROTECTION OF DIRECTORS AND OFFICERS}
-
-To the fullest extent permitted by the General Corporation Law of the State of
-Delaware, as the same exists or may hereafter be amended, a director of the
-corporation shall not be personally liable to the corporation or its members for
-monetary damages for breach of fiduciary duty as a director.
-
-\section{Right to Indemnification}
-Each person who was or is a party or is threatened to be made a party to any
-threatened, pending or completed action, suit, or proceeding, whether civil,
-criminal, administrative, or investigative (other than an action by or in the
-right of the corporation) by reason of the fact that he or she is or was a
-Director or Officer of the corporation or is or was serving at the request of
-the corporation as a director, officer, employee, or agent of another
-corporation, partnership, joint venture, trust, or other enterprise, shall be
-entitled to indemnification against expenses (including attorneys' fees),
-judgments, fines, and amounts paid in settlement to the fullest extent now or
-hereafter permitted by applicable law as long as such person acted in good faith
-and in a manner that such person reasonably believed to be in or not be opposed
-to the best interests of the corporation provided, however, that the corporation
-shall indemnify any such person seeking indemnity in connection with an action,
-suit or proceeding (or part thereof) initiated by such person only if such
-action, suit or proceeding (or part thereof) was authorized by the Board of
-Directors.
-
-\section{Advance Payment of Expenses}
-Expenses (including reasonable attorneys' fees) incurred by any person who is or
-was an Officer, Director of the corporation or who is or was serving at the
-request of the corporation as an officer or director of another corporation,
-partnership, joint venture, trust or other enterprise, in defending any civil,
-criminal, administrative or investigative action, suit or proceeding, shall be
-paid by X.Org in advance of the final disposition of such action, suit
-or proceeding upon receipt of an undertaking by or on behalf of such person to
-repay such amount if it is ultimately determined that he or she is not entitled
-under applicable law to be indemnified by the corporation.
-
 \article{TRANSACTION OF THE AFFAIRS OF X.ORG}
 
 \section{Financial Year}