akvik
commented
7 months ago yup, will work more on the language here, to make it clearer. Both scenarios are possible, either change of presidency or President's certificate in Bank Pool. You can have a "chain reaction" and we should perhaps have an example here. Will work on it.
The rules for EMR and bankruptcy are unclear on several point
1) Are a player according to 8.11 second bullet when player sells stocks allowed to dump the presidency onto another player, for example in a 3/2 or 2/2 stock ownership by selling the majority of the company needing EMR so the another player becomes president? And I think it would be good to clarify in the case of major company where the stack ownership is 3/2/1/1/1/1 (NSB) stock case if this becomes a possible dance where A sells 2 to loose presidency and pays their cash and the income from the two shares, then B becomes president in which turn sells their 2 shares in turn and pay the income and that is not sufficent, it would go the next in seating order after B.
What I understand would need to be added to the rules are both clarification on that selling presidency being allowed, and that only enough stocks to loose presidency is allowed to be sold.
2) In the case of bankruptcy of player A that was president there are several cases to my understanding: A) Another player owns at least two shares (40/20% minor/major), thus becomes president and continue the EMR process B) No other player owns more than one Share (20/10% minor/major). In this case I guess what is happening that no one becomes president and the second paragraph in 8.12 is what applies. What is confusing in this case is that if a bankruptcy has happened I don't see how the company could have any trains, am I missing some scenario?
I think what is needed is clarification is in which case another player becomes president after a bankruptcy and which case the company ends up in receivership.