fredag den 18. juni 2010

Who owns The Innovationshøjskole?

There has been a question about the ownership of Innovationshøjskolen. Innovationshøjskolen is an independent institution. This means that it is characterized by
a) it assets is irrevocably separated from the founders or depositors assests,
b) it has one or more purposes described in its statute,
c) it has an autonomous and independent leadership, and
d) it is intended to operate over a longer period under the general fund legal regulation or an indefinite period established in the statute.

Innovationshøjskolen is therefore own by it's self.

If Innovationshøjskolen one day decide to stop operations and liquidate Innovationshøjskolen, then the assets go to public and charitable purposes.

It is only the representatives that can decide to stop operations and liquidate Innovationshøjskolen.

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