The Sustainable Economies Law Center has officially submitted a letter of support for AB-129, the California Alternative Currencies Act. This bill makes an important amendment to the California Corporations Code, clarifying that the use and circulation of alternative currencies is not prohibited. While SELC has advocated for removing Section 107 of the CA Corporations Code, this bill still takes a step toward a more resilient monetary system by legitimizing the use of alternative currencies in California.
The term "alternative currencies" can denote a wide range of currency designs and projects, and is not clearly defined in this bill. SELC specifically advocates for "community currencies" - forms of exchange designed to meet the particular needs of specific communities or regions, and that are democratically controlled and managed by the communities using them.
Read more about SELC's Community Currencies advocacy here. Continue reading below for how you can support this bill, too.Read more
Happy Spring, SELC supporters! We’ve been busy preparing the soil of a new legal landscape that supports community resilience. Will you help us sow seeds of resilience this spring?
Help us legalize sharing and grow the movement for more just and resilient economies - join our Community TODAY by becoming a SELC Community Member!
Like a community-supported farm, SELC thrives when our community invests in our work - whether that is an investment of time or money. That’s why we are excited to launch our new Community Membership Campaign! By becoming a SELC Founding Member, you can turn our advocacy campaigns into new laws, grow our community of passionate new economy advocates, and get special discounts and invitations to future SELC events and workshops!Read more
Sustainable Economies Law Center (SELC) believes that food industry laws should be scale-appropriate in order to allow casual barter arrangements, micro-enterprise, and small businesses to thrive. This winter, California State Assemblymember Mariko Yamada introduced a bill, AB 2505, to allow small-scale home dairy farms to sell and exchange small amounts of excess milk without needing to have a large and expensive processing facility and jump through other legal hoops.Read more
The Arroyo Seco Network of Time Banks (ASNTB) has just launched the first ever small business community revolving loan fund operated by a Time Bank. Two loans have already been granted to community members who qualify as "economically distressed, women, the environment, community sustainability, social enterprises, member of the ASNTB, cooperatives, or other sharing economy initiatives."
The Sustainable Economies Law Center is proud to have provided legal assistance in support of this model organization.Read more
If you happen to be looking for your morning coffee near Golden Gate Park and the bright red storefront of the Arizmendi Bakery attracts your attention, congratulations. You have found what the readers of The San Francisco Bay Guardian, a local alt-weekly, deem the city’s best bakery. But it has another, less obvious, distinction...
Read about how SELC is revolutionizing legal services and cultivating a new legal landscape this Spring!Read more
GritTV's Laura Flanders discusses with New York City Council's Community Development Committee Chair, Maria del Carmen Arroyo, on how local government can create an opportunities to support and encourage the development of worker coops and strengthen the ones that already exist.Read more
SELC IS AN OAKLAND NONPROFIT YOU SHOULD KNOW ABOUT
featured in the Bold Italic Magazine
I am constantly inspired by all the amazing organizations and community movements in Oakland. There are many wonderful nonprofits working hard to create opportunities, facilitate growth, and bring together different residents for a single cause.Read more
Assemblymembers Bonta and Levine Introduce Limited Liability Worker Cooperative Act to Facilitate Worker-Owned Business Development
AB 2525 would eliminate cumbersome requirements of existing law so that local worker-owned and managed businesses can thriveRead more
The Worker Cooperative Policy Coalition was successful in getting our bill, AB 2525, the Limited Liability Worker Cooperative Act, into the California State legislature. We need your feedback more than ever!
In The Year 2525, If Man Is Still Alive, If Woman Can Survive, They May Find Limited Liability Worker Cooperatives
The Berkeley Student Cooperative is proud to announce our 3rd annual $10,000 Cooperative Development Grant! Applications due March 14th!Read more