Asset lock
 | This article has multiple issues. Please help improve it or discuss these issues on the talk page. (Learn how and when to remove these messages)
|
An asset lock is a legal clause that prevents the assets of a company from being used for private gain rather than the stated purposes of the organisation.[1]
Asset locks may be incorporated into the formal structure of a "bencom" (a benefit corporation, which is a type of industrial and provident society),[1]community interest company, or charitable organisation.
References
[edit]- 1 2 The International Handbook of Social Enterprise Law: Benefit Corporations and Other Purpose-Driven Companies. Springer International Publishing. 2022. pp. 63–65. ISBN 9783031142161. Retrieved 1 December 2025.
 | This business-related article is a stub. You can help Wikipedia by adding missing information. |