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the revoLution with a bank



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Revised Bylaws for Democratic Membership

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11:37 pm
May 12, 2011


wspademan

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posts 218

Post edited 11:41 pm – May 12, 2011 by wspademan


Our decisions to adopt circle organizing and to own the bank together (rather than as individuals) require some substantial revision of our bylaws. See John G. Root's proposed revisions (this may be restricted to core staff at present).

Here is an outline of the changes to our existing bylaws that I think we need at this time:

  1. Mission (no change)
  2. Limitations (no change)
  3. Membership: how do people get to be members (or cease to be), what are their rights and responsibilities
  4. Common Good Communities: what is a CGC, how does a CGC get started, what's their mission, how do they relate to other CGCs
  5. Leadership and Governance: board of directors, organizing circles, primary circles and their missions, Community Trustees, direct democracy (without the nitty gritties), how members bubble up, relationship of Common Good Finance board to the boards of companies it owns (including the bank), feedback / recall / reconsideration
  6. Community Trustees (John calls these "Trusted Persons". I am suggesting a different term, that identifies where they are trusted.): responsibilities, how they are chosen
  7. Directors (similar to the current Board of Directors article): new method for choosing directors, include procedures for handling conflict of interest
  8. Officers (no change)
  9. Committees (no change)
  10. Amendments (no change)
Revised Bylaws for Democratic Membership
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