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HSE / 02 // PUBLIC STANDARD · CHARTER EDITION

Institutional funding rules

How institutions request, receive and repay member funding.

01

Publishing a request

The request must name the institution, purpose, currency, funding target, maturity date and proposed source of repayment. An appointed reviewer must approve the published terms before members contribute.

02

Member contributions

Contributions are reserved in the request’s account, up to its funding target. They are not available to the beneficiary until treasury approves a disbursement. Undisbursed contributions can be returned through the member’s account.

03

Repayment

Funding carries a risk of delay or loss. Any return must be stated in the agreed terms and supported by available funds.

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Civitas public standard · Charter edition / 2956.

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