What is a fiscal host?
Fiscal hosting is where a legally registered organisation (the fiscal host, also known as Foundation's regional official representation) holds money, trust and fiduciary duties on behalf of Foundation's global community and open source intelligence network.
The first Fiscal Host was incorporated as Muellners "frivillig forening" Foundation, a voluntary association, in accordance with the Danish Business Authority in 2019.
Networked legal bodies have thereafter, self constituted across the planet, in the form of Fiscal Hosts.
Who nominates and appoints subsequent registered agent or Fiscal host of the Open Constitution network?
Muellners Foundation nominates and appoints Fiscal Hosts in each member state of UNO as fiduciary bodies.
Local Independent Boards are constituted from these Fiduciary bodies.
What are some duties of a constituent registered agent or fiscal host of the Open Constitution network?
Fiscal Hosts maintain local membership and beneficiary citizen registry. Fiscal Hosts also maintain Foundation's compliance with local business laws, besides holding trust and fund repositories on behalf of Open Constitution network.
Fiscal Host Legal Bodies and registered local members continue to independently work on the local advocacy of Foundation's guiding principles.
Each Fiscal Host appoints an Independent Board of Directors, which also represents the local community of Foundation.
The local Independent Board members also appoint a third party Data Protection Officer, an auditor and a chartered accountant in accordance to the articles of the Open Constitution, and based on local requirements of compliance with business laws.