All memos tagged #coop-words

California AB 816, the California Worker Cooperative Act, is a 2015 California law (Chapter 192, Statutes of 2015) that renamed the state's consumer-cooperative statute the Cooperative Corporation...

Governance systems are the structures and processes by which an organization makes decisions, allocates authority, and holds itself and its people accountable for pursuing its objectives. A...

Community Sharecropping is a term coined by John Zdanowski for growing plants cloned from a single parent plant, each labeled with a friend's name, tended by the grower and handed to that friend at...

Community investor shares are a class of shares in a California Worker Cooperative held by people who are not worker-members, giving them an economic stake in the business while leaving control with...

The key changes to the law made by the California Worker Cooperative Act, California AB 816, turned California's consumer-cooperative statute into a general Cooperative Corporation Law that...

Community investor is a person who is not a worker-member of a worker cooperative but holds a share or other proprietary interest in it, usually by investing capital through Community Investor...

Worker-member is a member of a worker cooperative who is a natural person and whose patronage consists of the labor or other work contributed, giving that person ownership, a vote, and a share of the...

Patronage dividend is a distribution a cooperative makes to its members from net earnings in proportion to each member's business with or work for the cooperative, rather than in proportion to...

Until 2016, California's cooperative statute was written for consumer cooperatives, which left little room for a worker-owned business to raise outside capital. The California Worker Cooperative Act,...

Worker cooperative is a business owned and democratically controlled by the people who work in it, with each worker-member holding one vote and sharing in surplus according to the labor contributed....

Dynamic Anecdotal Information Network is a phrase coined by Mitch Kessler to describe MythOS: a trusted network in which people communicate through linked, first-hand accounts that keep changing as...