User Member
From FairShares Wiki 3.x
A member of an organisation created with FairShares Model Articles of Association who qualifies for membership by virtue of a qualifying user contribution. In a FairShares Company or Co-operative, User members are allocated User and Investor Shares. User Members in a FairShares Association or Partnership have the same rights as User Shareholders in terms of governance, but are not allocated User Shares.
User membership is a useful concept for associations that want to qualify as a Non-Governmental Organisation (NGO) / Non-Profit Organisation (NPO) in their country, but cannot implement the shareholding aspects of the FairShares Model
Back to FairShares Glossary.
