Declares what the Entity is - a corporation, a limited liability company, a partnership, a marriage, a network - so every later clause reads against a stated form. The running text keeps saying Entity; this clause is where the form is pinned.
Entity Type
Declares what the Entity is - a corporation, a limited liability company, a partnership, a marriage, a network - so every later clause reads against a stated form. The running text keeps saying Entity; this clause is where the form is pinned.
- Clause id:
entity-type@1.0.0
- Activated by the
entity-type module
- Composes after:
## Article I - Identity (a document package may override this through its anchors map)
- Placeholders:
entityType, entityTypeDescription
Item numbers in this clause are canonical: they open at 1.1 under the
clause's own heading and never assume a host document's numbering. A
consumer composing the clause renumbers it to continue the target
document.
Source: Entity.ID drafting
Licence: Apache-2.0
Legal review: Entirely new drafting. The second sentence of 1.2 is the bridge between a named legal form and an entity that exists on the register whether or not a state recognises it; counsel review pending.
Do not hand-edit this directory. It is generated:
node scripts/import-entity-templates.mjs [path-to-model-factory]
Entity Type
1.1 The Entity is constituted as a corporation.
1.2 A corporation is an entity with transferable shares, managed by or under the direction of a board, whose constituents are not personally answerable for its obligations. Where this Constitution is read under the law of a jurisdiction that recognises that form, the Entity is that form; where no such form is recognised, the Entity remains constituted by this Constitution and its record.
Entity Type
----
**1.1** The Entity is constituted as a corporation.
**1.2** A corporation is an entity with transferable shares, managed by or under the direction of a board, whose constituents are not personally answerable for its obligations. Where this Constitution is read under the law of a jurisdiction that recognises that form, the Entity is that form; where no such form is recognised, the Entity remains constituted by this Constitution and its record.
## Entity Type
**1.1** The Entity is constituted as a {{entityType}}.
**1.2** {{entityTypeDescription}} Where this Constitution is read under the law of a jurisdiction that recognises that form, the Entity is that form; where no such form is recognised, the Entity remains constituted by this Constitution and its record.
{
"$class": "id.entity.render.clause.entityType@1.0.0.EntityTypeClauseRender",
"entityType": "corporation",
"entityTypeDescription": "A corporation is an entity with transferable shares, managed by or under the direction of a board, whose constituents are not personally answerable for its obligations."
}
/*
* Render model fragment for entity-type@1.0.0.
*
* NOT a canonical data model. It carries exactly the placeholders the
* TemplateMark body uses, so the clause renders independently of any
* document package.
*
* provenance:
* source: id.entity.core (projection)
* licence: Apache-2.0
*/
namespace id.entity.render.clause.entityType@1.0.0
import org.accordproject.runtime@0.2.0.{Request,Response} from https://models.accordproject.org/accordproject/runtime@0.2.0.cto
@template
concept EntityTypeClauseRender {
o String entityType
o String entityTypeDescription
}