ojacobson: I believe this relates to your proto. ---- Publius Scribonius Scholasticus p.scribonius.scholasti...@gmail.com
> On Sep 12, 2017, at 3:53 PM, Publius Scribonius Scholasticus
> <p.scribonius.scholasti...@googlemail.com> wrote:
>
> Two versions of this proposal are offered. The first is the form to be
> submitted and the second is a git diff.
> {
> Replace in the rule “Assets”, the line:
> “restricted to Agora, persons, and organizations."
> with:
> "restricted to Agora, persons, organizations, and Agoran Institutions.”
>
> Create a rule, called “Banking”, with the following text:
> "A Bank is an Agoran Institution. A Bank shall have a charter, a length, and a
> banker. The Central Bank of Agora is the bank who is responsible for the
> conduct of business and issuance of bonds on behalf of Agora. If at any time,
> a Central Bank of Agora is not declared, then the Secretary CAN and SHALL
> declare a bank to be the Central Bank of Agora.
>
> A Bank shall be able to issue a currency and issue bonds. The charter of a
> bank shall establish the method by which a bond or currency can be issued.
>
> Any player CAN create a Bank without objection by specifying its charter, its
> length and recommending a banker. The Secretary CAN create a bank with Agoran
> Consent by specifying its charter, its length and appointing a banker. The
> charter of a bank SHALL state its purpose, and its governance structure. If at
> any time, a Bank lacks a Banker, the Secretary CAN and SHALL appoint a Banker
> in accordanence with the charter of the Bank."
>
> Amend “Economics” by replacing the full text with:
> "Shinies (sg. shiny) are an indestructible liquid currency, and the official
> currency of Agora. They may be owned by Agora, any player, any organization,
> or any Agoran Institution. The Secretary is the recordkeepor for Shinies.
>
> Bonds are a type of asset. Bonds CAN be converted according to their issuance
> document. Rules to the contrary notwithstanding, bonds may only be issued by
> a bank. The Banker of the issuing bank is the recordkeepor for Bonds.
>
> The Secretary CAN cause Agora to pay any player, organization, or Agoran
> Institution by announcement if doing so is specified by a rule."
>
> Add to the end of list of Executive Orders in “Executive Orders”:
>
> - Kickbacks (Secretary): The Prime Minister issues a bond from
> the Central Bank of a class or series previously issued for
> an amount less than or equal to 50 shinies and specifies a
> class of purchasers.
>
> Create a rule, “The First Bank of Agora”, with the below text:
>
> The First Bank of Agora shall be a Bank. The banker of The First Bank of Agora
> shall be the Secretary. This rule shall be the charter of The First Bank of
> Agora. The First Bank of Agora shall have a term of nine months, which shall
> be automatically renewed for succeeding intervals of nine months, if The
> Second Bank of Agora has not been founded.
>
> The First Bank of Agora shall have administration over the balance of Agora
> in excess of 50 shinies. The First Bank of Agora shall be led by the Board
> of Overseers. Their shall be two overseers elected once every two months in
> alternating months. The Banker of The First Bank of Agora shall also serve
> on the board ex officio. The Board of Overseers shall have authorization to
> when Agora has a balance of less than 50 shinies issue bonds, with a total
> value of up to 100 shinies. The terms of these bonds shall be determined by
> the Board of Overseers. The Board of Overseers SHALL NOT issue any bond with a
> with terms precluding their sale on the open market or with any provision
> allowing the conversion of the bond to currency before the passage of two
> weeks after sale. The Board of Overseers shall also be allowed to offer
> consumer banking services, such as money holdings, check clearance, the
> keeping of a ledger for fractional shiny banking, escrow, and any other
> banking service not costing The First Bank of Agora more than 25 shinies in
> capital to initiate or operate. The Board of Overseers shall, when Agora has
> in excess of 250 shinies, be allowed to issue loans with a total value not in
> excess of 100 shinies. The Board of Overseers MAY sell or purchase loans or
> bonds from other Banks without 2 objections. All holdings, bonds, or loans
> held or issued are backed and insured by the full sovereignty of Agora.
> }
>
> diff --git a/rules/Assets b/rules/Assets
> index 68163f6..c647447 100644
> --- a/rules/Assets
> +++ b/rules/Assets
> @@ -41,7 +41,7 @@ text: |
> modification by its backing document.
>
> Unless modified by an asset's backing document, ownership of an asset is
> - restricted to Agora, persons, and organizations.
> + restricted to Agora, persons, organizations, and Agoran Instiutions.
>
> An organization's charter CAN specify whether or not that organization is
> willing receive assets or a class of assets. Generally, an organization
> CANNOT
> diff --git a/rules/Banking b/rules/Banking
> new file mode 100644
> index 0000000..7cdd5ef
> --- /dev/null
> +++ b/rules/Banking
> @@ -0,0 +1,24 @@
> +---
> +name: Banking
> +history:
> +
> +text: |
> + A Bank is an Agoran Institution. A Bank shall have a charter, a length,
> and a
> + banker. The Central Bank of Agora is the bank who is responsible for the
> + conduct of business and issuance of bonds on behalf of Agora. If at any
> time,
> + a Central Bank of Agora is not declared, then the Secretary CAN and SHALL
> + declare a bank to be the Central Bank of Agora.
> +
> + A Bank shall be able to issue a currency and issue bonds. The charter of a
> + bank shall establish the method by which a bond or currency can be issued.
> +
> + Any player CAN create a Bank without objection by specifying its charter,
> its
> + length and recommending a banker. The Secretary CAN create a bank with
> Agoran
> + Consent by specifying its charter, its length and appointing a banker. The
> + charter of a bank SHALL state its purpose, and its governance structure.
> If at
> + any time, a Bank lacks a Banker, the Secretary CAN and SHALL appoint a
> Banker
> + in accordanence with the charter of the Bank.
> +id: ???
> +rev: 1
> +power: 2
> +annotations: []
> diff --git a/rules/Economics b/rules/Economics
> index d7712cd..d587ad8 100644
> --- a/rules/Economics
> +++ b/rules/Economics
> @@ -7,11 +7,15 @@ history:
> - Amended(3) by Proposal 7864 (Aris, G., o, nichdel, Publius Scribonius
> Scholasticus), 27 June 2017
> text: |
> Shinies (sg. shiny) are an indestructible liquid currency, and the official
> - currency of Agora. They may be owned by Agora, any player, or any
> - organization. The Secretary is the recordkeepor for Shinies.
> + currency of Agora. They may be owned by Agora, any player, any
> organization,
> + or any Agoran Institution. The Secretary is the recordkeepor for Shinies.
>
> - The Secretary CAN cause Agora to pay any player or organization by
> - announcement if doing so is specified by a rule.
> + Bonds are a type of asset. Bonds CAN be converted according to their
> issuance
> + document. Rules to the contrary notwithstanding, bonds may only be issued
> by
> + a bank. The Banker of the issuing bank is the recordkeepor for Bonds.
> +
> + The Secretary CAN cause Agora to pay any player, organization, or Agoran
> + Institution by announcement if doing so is specified by a rule.
> id: 2483
> rev: 3
> power: 2
> diff --git a/rules/Executive Orders b/rules/Executive Orders
> index 588649a..3fb0c03 100644
> --- a/rules/Executive Orders
> +++ b/rules/Executive Orders
> @@ -29,6 +29,11 @@ text: |
>
> - Manifesto (Promotor): The Prime Minister distributes a
> specified proposal in the Proposal Pool.
> +
> + - Kickbacks (Secretary): The Prime Minister issues a bond from
> + the Central Bank of a class or series previously issued for
> + an amount less than or equal to 50 shinies and specifies a
> + class of purchasers.
> id: 2451
> rev: 3
> power: 1.7
> diff --git a/rules/First Bank of Agora b/rules/First Bank of Agora
> new file mode 100644
> index 0000000..208e26b
> --- /dev/null
> +++ b/rules/First Bank of Agora
> @@ -0,0 +1,33 @@
> +name: First Bank of Agora
> +history:
> +
> +text: |
> + The First Bank of Agora shall be a Bank. The banker of The First Bank of
> Agora
> + shall be the Secretary. This rule shall be the charter of The First Bank of
> + Agora. The First Bank of Agora shall have a term of nine months, which
> shall
> + be automatically renewed for succeeding intervals of nine months, if The
> + Second Bank of Agora has not been founded.
> +
> + The First Bank of Agora shall have administration over the balance of Agora
> + in excess of 50 shinies. The First Bank of Agora shall be led by the Board
> + of Overseers. Their shall be two overseers elected once every two months in
> + alternating months. The Banker of The First Bank of Agora shall also serve
> + on the board ex officio. The Board of Overseers shall have authorization to
> + when Agora has a balance of less than 50 shinies issue bonds, with a total
> + value of up to 100 shinies. The terms of these bonds shall be determined by
> + the Board of Overseers. The Board of Overseers SHALL NOT issue any bond
> with a
> + with terms precluding their sale on the open market or with any provision
> + allowing the conversion of the bond to currency before the passage of two
> + weeks after sale. The Board of Overseers shall also be allowed to offer
> + consumer banking services, such as money holdings, check clearance, the
> + keeping of a ledger for fractional shiny banking, escrow, and any other
> + banking service not costing The First Bank of Agora more than 25 shinies in
> + capital to initiate or operate. The Board of Overseers shall, when Agora
> has
> + in excess of 250 shinies, be allowed to issue loans with a total value not
> in
> + excess of 100 shinies. The Board of Overseers MAY sell or purchase loans or
> + bonds from other Banks without 2 objections. All holdings, bonds, or loans
> + held or issued are backed and insured by the full sovereignty of Agora.
> +id: ???
> +rev: 1
> +power: 1
> +annotations: []
> ----
> Publius Scribonius Scholasticus
> p.scribonius.scholasti...@gmail.com
>
>
>
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