[cabfpub] Improvement to EV Definitions

Jeremy Rowley jeremy.rowley at digicert.com
Fri Jan 10 18:11:52 MST 2014


Hi everyone, 

 

The EV Working Group has another proposal that is ready for general
discussion and a ballot.  This proposal clarifies the definition of Business
Entities, Private Organizations, and Incorporating Agencies. The change to
Business Entity fixes the omission of non-commercial entities and clarifies
that the examples are not all-encompassing. The Private Organization change
helps promote EV in  countries where they don't generally use the term
"Incorporating Agency". The change in Incorporating Agency gives the
guidelines a more international focus by using the term formation over
incorporation and by acknowledging that businesses are generally registered,
not established, with a filing.

 

Here are the proposed definition changes:

 

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Business Entity: Any entity that is not neither a Private Organization,  nor
a Government Entity, or Non-Commercial Entity as defined herein.  Examples
include, but are not limited to, general partnerships, unincorporated
associations, and sole proprietorships, etc. 

Private Organization: A non-governmental legal entity (whether ownership
interests are privately held or publicly traded) whose existence was created
by a filing with (or an act of) the Incorporating Agency or equivalent in
its Jurisdiction of Incorporation. 

Incorporating Agency: In the context of a Private Organization, the
government agency in the Jurisdiction of Incorporation under whose authority
the legal existence of the entity is registered Private Organizations is
established (e.g., the government agency that issues Certificates of
Incorporation certificates of formation or incorporation). In the context of
a Government Entity, the entity that enacts law, regulations, or decrees
establishing the legal existence of Government Entities.

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We welcome your feedback.  

 

Jeremy

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