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NXTBank corporate structure
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Author Topic: NXTBank corporate structure  (Read 4604 times)

spaw

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NXTBank corporate structure
« on: May 20, 2014, 12:20:59 pm »

Until bluemeanie is finished with his VCorp project, most of the corporate functions will be done manually, but now is the time to start thinking about what we'd like the structure to be in the future.

A few discussion points:

- rotating officer election

-shareholder voting system for electing officers and also choosing who/where loans are distributed.

Feel free to add your own thoughts. At this point, all suggestions are welcome!

spaw

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bluemeanie1

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Re: NXTBank corporate structure
« Reply #1 on: May 22, 2014, 03:45:49 am »

yes the VCorp 1.0 spec supports both those features.

at this point it's a question as to whether VCorps can own shares in other VCorps. 

here's a fun site about how corporations all sit on the boards of other corporations: http://www.theyrule.net/

it's much more complex to support nested ownership because remember the officers must be allowed to vote in board meetings for other corps.  Could get quite complex.  Eventually we can support this, I think the biggest challenge is designing a GUI for this task.
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2Kool4Skewl

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Re: NXTBank corporate structure
« Reply #2 on: May 22, 2014, 04:39:19 am »

yes the VCorp 1.0 spec supports both those features.

at this point it's a question as to whether VCorps can own shares in other VCorps.

I think DACs should be able to hold shares in other DACs.
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bluemeanie1

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Re: NXTBank corporate structure
« Reply #3 on: May 22, 2014, 02:43:58 pm »

yes the VCorp 1.0 spec supports both those features.

at this point it's a question as to whether VCorps can own shares in other VCorps.

I think DACs should be able to hold shares in other DACs.

it would be ideal certainly.  Need to look into feasibility concerns.
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