Building Blocks

  • Custodian Trusteeships for the protection of mutual assets through the appointment of directors with residual powers to preserve the purpose and assets of the network
  • Commons Shares – owned by the Commons Society – a special class of shareholder with limited but important powers of veto, rights to profit in mature enterprises and access to information
    • Provides transparency (1st tenet)
    • Provides the asset lock (2nd and 3rd tenets)
    • Provides the means of distributing profit (4th tenet)
    • Provides the purpose lock (5th tenet)
  • Entrepreneurs Shares – immature enterprises share profit differently (6th tenet)

Key legal devices are used to construct the Commons Societies’s network