These are the bylaws, adopted by each legal body constituted in Open Constitution global co-operatives network and registered in accordance with a region's local Business laws.
Few notes before we start:
Bylaws of the Open Constitution ensure that the global citizens stay compliant with different local jurisdictions on planet earth.
Who adopts them?
These bylaws are written to be adopted by each legally organised voluntary association or a Co-operative, "Fiscal Host" in each identifiable jurisdiction where the Open Bank program operates.
Each Fiscal Host adopts these bylaws either as a whole or an Addendum to their existing Articles of Association for the following purposes:
Purpose: The primary objective for adoption of these bylaws are for:
- 1.Constitution of Fiscal Hosts:
Empanelment of the legal body - Fiscal Host takes place by the Independent Board of the Foundation, based on the counsel of Advisory Committee. The appointment of a Fiscal Host can be subsequently ratified by any of the pre constituted Independent Boards of any of the existing "Fiscal Hosts" of Muellners Foundation.
2. Appointment of Fiscal Host's Independent Board:
Independent Board represents the Foundation through Legal bodies in the local jurisdiction, and attempts to ensure Foundation's compliance with these local business and constitutional laws, including maintenance of functions of a Fiscal Host.
3. Association of Citizens as laid down by the doctrines of Open Constitution.
4. Appointment of Officers of the Open Constitution in compliance with Local law.
5. Appointment of Data Protection Officers of the Open Constitution.
How to read Articles?
Wherever possible, Articles have hints mentioned (just like this box), where additional descriptions are provided.
Terms and headings used have meanings derived from the Glossary.
Public Notice: Public Efforts are underway for Foundation's citizens to be registered on the Open Constitution Public Registry.
Please read the LIVE public facing record of the Global Statutes in the next page. If you like, you may download a pdf export using the export options provided.
Notes to Public:(Adopted on first BoD convention on 19th Dec 2019)(Amended on Special BoD, Denmark conventions, 2022, Electronic Notice issued in Open Convention and amendments shall become effective on March 2nd, 2022, in accordance to the Article X.)
- Global Statutes were under Public Review(Request for Comments) from Feb 16, 2022 to March 16, 2022.
- Global Statutes were under Public Review(Request for Comments) from Dec 9, 2022 to Dec, 23, 2022 for an effective date of Dec 23, 2022.(extended to Dec 31st, 2022)
Check this relevant link for any General public discussions. https://muellners.discourse.group/t/public-discussion-and-suggestions-on-global-statutes/30
Custodian: Independent Board, Muellners Foundation, Denmark Credits: Articles are inspired by best practices in open source organisations.