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