CIVITAS
HSE / 02 / Institutional funding rules
PUBLIC CHARTER EDITION / 2956

How institutions request, receive and repay member funding.

1. 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.

2. 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.

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

Civitas public standard. Service availability is shown in your member account.