Since the Internet is a technically cooperating system of conduits and wires, a Cooperative Corporation, under California law, might be a more representative choice for building a structure which is able to scale with no limits. Language should be used to guarantee that open communications between all levels of cooperating Internet participants, including individual users and IANA remain open. The principal office for the transaction of the business of the Corporation will be in the County of Los Angeles, State of California. The Board may adopt a corporate seal and use the same by causing it or a facsimile thereof to be impressed or affixed or reproduced or otherwise. No part of the net earnings of the Corporation shall inure to the benefit of or be distributable to its members, directors, trustees, officers, or other private persons, except that the Corporation shall be authorized and empowered to pay reasonable compensation for services rendered and to make payments and distributions in furtherance of the purposes set forth in the Articles of Incorporation.
All power resides in an autonomous, self-perpetuating board.
A shareholder corporation, like a Cooperative Corporation, would appear to have far more accountability mechanisms. If the officers or board get out of sync with the individual owners, they can be readily changed. Except as otherwise provided in the Articles of Incorporation or these Bylaws, the powers of the Corporation will be exercised, its property controlled and its business and affairs conducted by or under the direction of the Board. Unless otherwise provided herein or by law, the Board may act by a majority vote of Directors present at the meeting, subject to the quorum requirements in Section 13 of this Article. The identity of the Initial Board members who will fill the Temporary Board Member positions will be determined by the Board.