When I submit this proposal, they will be removed.
----
Publius Scribonius Scholasticus
p.scribonius.scholasti...@gmail.com



> On Sep 21, 2017, at 2:50 PM, Aris Merchant 
> <thoughtsoflifeandligh...@gmail.com> wrote:
> 
> I have trouble with the plusses and minuses. It means that I'm not
> allowed to wrap lines in my promotor report, something I usually do on
> a fairly regular basis.
> 
> -Aris
> 
> On Thu, Sep 21, 2017 at 9:57 AM, Publius Scribonius Scholasticus
> <p.scribonius.scholasti...@googlemail.com> wrote:
>> In response to feedback, here is the new banking proposal, if I don't get 
>> negative feedback, I plan to pend it this week:
>> {
>> All "+" and "-" symbols in the body of this proposal should be ignored and 
>> shall have no effect on the ruleset or game state.
>> 
>> Replace the following line in "Assets":
>> -  restricted to Agora, persons, and organizations.
>> with:
>> +  restricted to Agora, persons, organizations, and Agoran Institutions.
>> 
>> Create a power-2 rule titled "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. The length 
>> of a
>> +  bank is the period during which the bank will operate. 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 is 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 person 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 or SHALL destroy the bank. 
>> If any
>> +  bank has existed for longer than allowed by its charter or its length, 
>> then
>> +  the Banker and the Secretary CAN destroy it and the Banker SHALL do so in 
>> a
>> +  timely manner. The Secretary CAN destroy a bank without object or with 
>> Agoran
>> +  Consent.
>> 
>> Create a new power-2 rule titled "Bonds", with the following text:
>> +  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 recordkeeper for Bonds. All
>> +  bonds SHALL have a term specified in their issuance document. Any person,
>> +  organization, or Agoran Institution who owns a bond CAN and MAY, 
>> according to
>> +  the bond's issuing document, convert the bond by destroying the bond and 
>> being
>> +  payed by the issuing bank an amount determined by its issuance document.
>> 
>> Rename "Economics" as "Shinies".
>> 
>> 
>> Add to the end of the list of executive orders in "Executive Orders", the 
>> following item:
>> +  - 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 new power-1 rule titled "The First Bank of Agora" with the 
>> following text:
>> 
>> +  The First Bank of Agora is a Bank. The banker of The First Bank of Agora
>> +  is the Secretary. This rule is the charter of The First Bank of
>> +  Agora. The First Bank of Agora has a term of nine months, which is
>> +  automatically renewed for succeeding intervals of nine months, as long as 
>> The
>> +  Second Bank of Agora has not been formed.
>> +
>> +  The First Bank of Agora has administration over the balance of Agora
>> +  in excess of 50 shinies. The First Bank of Agora is led by the Board
>> +  of Overseers. There are two overseers, who are elected according to the
>> +  later procedure. The Banker of The First Bank of Agora also serves
>> +  on the board ex officio. The Board of Overseers has 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 are 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 is also 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 are, when Agora has
>> +  in excess of 250 shinies, 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.
>> +
>> +  An election for the position of overseer of The First Bank of Agora CAN be
>> +  called by any person if a position is empty or if an individual has held 
>> their
>> +  position for 4 months without interruption or elections occuring. If the
>> +  position is not empty, any person CAN call an election without two 
>> objections,
>> +  excluding objections by the Banker or any Overseers of The First Bank of 
>> Agora.
>> +  For elections to the Board of Overseers, the options are all players, all
>> +  announced non-player persons and PRESENT, and the vote collector is the
>> +  Secretary.
>> }
>> 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..11f354c
>> --- /dev/null
>> +++ b/rules/Banking
>> @@ -0,0 +1,29 @@
>> +---
>> +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. The length 
>> of a
>> +  bank is the period during which the bank will operate. 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 is 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 person 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 or SHALL destroy the bank. 
>> If any
>> +  bank has existed for longer than allowed by its charter or its length, 
>> then
>> +  the Banker and the Secretary CAN destroy it and the Banker SHALL do so in 
>> a
>> +  timely manner. The Secretary CAN destroy a bank without object or with 
>> Agoran
>> +  Consent.
>> +id: ???
>> +rev: 1
>> +power: 2
>> +annotations: []
>> diff --git a/rules/Bonds b/rules/Bonds
>> new file mode 100644
>> index 0000000..107d633
>> --- /dev/null
>> +++ b/rules/Bonds
>> @@ -0,0 +1,15 @@
>> +---
>> +name: Bonds
>> +history:
>> +text: |
>> +  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 recordkeeper for Bonds. All
>> +  bonds SHALL have a term specified in their issuance document. Any person,
>> +  organization, or Agoran Institution who owns a bond CAN and MAY, 
>> according to
>> +  the bond's issuing document, convert the bond by destroying the bond and 
>> being
>> +  payed by the issuing bank an amount determined by its issuance document.
>> +id:
>> +rev: 1
>> +power: 2
>> +annotations: []
>> diff --git a/rules/Economics b/rules/Economics
>> deleted file mode 100644
>> index d7712cd..0000000
>> --- a/rules/Economics
>> +++ /dev/null
>> @@ -1,18 +0,0 @@
>> ----
>> -name: Economics
>> -history:
>> -- Created by Proposal 7838 (o, nichdel, G., Oerjan), 5 December 2016
>> -- Amended(1) by Proposal 7841 (o, G.), 1 March 2017
>> -- Amended(2) by Proposal 7842 (nichdel, o), 1 March 2017
>> -- 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.
>> -
>> -  The Secretary CAN cause Agora to pay any player or organization by
>> -  announcement if doing so is specified by a rule.
>> -id: 2483
>> -rev: 3
>> -power: 2
>> -annotations: []
>> 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..2593a1c
>> --- /dev/null
>> +++ b/rules/First Bank of Agora
>> @@ -0,0 +1,42 @@
>> +name: First Bank of Agora
>> +history:
>> +
>> +text: |
>> +  The First Bank of Agora is a Bank. The banker of The First Bank of Agora
>> +  is the Secretary. This rule is the charter of The First Bank of
>> +  Agora. The First Bank of Agora has a term of nine months, which is
>> +  automatically renewed for succeeding intervals of nine months, as long as 
>> The
>> +  Second Bank of Agora has not been formed.
>> +
>> +  The First Bank of Agora has administration over the balance of Agora
>> +  in excess of 50 shinies. The First Bank of Agora is led by the Board
>> +  of Overseers. There are two overseers, who are elected according to the
>> +  later procedure. The Banker of The First Bank of Agora also serves
>> +  on the board ex officio. The Board of Overseers has 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 are 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 is also 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 are, when Agora has
>> +  in excess of 250 shinies, 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.
>> +
>> +  An election for the position of overseer of The First Bank of Agora CAN be
>> +  called by any person if a position is empty or if an individual has held 
>> their
>> +  position for 4 months without interruption or elections occuring. If the
>> +  position is not empty, any person CAN call an election without two 
>> objections,
>> +  excluding objections by the Banker or any Overseers of The First Bank of 
>> Agora.
>> +  For elections to the Board of Overseers, the options are all players, all
>> +  announced non-player persons and PRESENT, and the vote collector is the
>> +  Secretary.
>> +id: ???
>> +rev: 1
>> +power: 1
>> +annotations: []
>> diff --git a/rules/Shinies b/rules/Shinies
>> new file mode 100644
>> index 0000000..2f724d1
>> --- /dev/null
>> +++ b/rules/Shinies
>> @@ -0,0 +1,18 @@
>> +---
>> +name: Shinies
>> +history:
>> +- Created by Proposal 7838 (o, nichdel, G., Oerjan), 5 December 2016
>> +- Amended(1) by Proposal 7841 (o, G.), 1 March 2017
>> +- Amended(2) by Proposal 7842 (nichdel, o), 1 March 2017
>> +- 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, any 
>> organization,
>> +  or any Agoran Institution. The Secretary is the recordkeepor for Shinies.
>> +
>> +  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
>> +annotations: []
>> ----
>> Publius Scribonius Scholasticus
>> p.scribonius.scholasti...@gmail.com

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