US2007106594A1PendingUtilityA1
Electronic ownership control system and method
Individually held — no corporate assignee on recordPriority: Feb 25, 2000Filed: Oct 27, 2006Published: May 10, 2007
Est. expiryFeb 25, 2020(expired)· nominal 20-yr term from priority
G06Q 30/06G06Q 40/00G06Q 40/04
44
PatentIndex Score
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Claims
Abstract
Electronic ownership control systems and methods. Fractional interests in commodities are controlled, transfers initiated or executed, and management of commodities is provided.
Claims
exact text as granted — not AI-modified1 - 80 . (canceled)
81 . A method for aggregating fractional ownership interests in commodities for use in an electronic ownership control system comprising:
combining co-ownership interests of at least one owner in a plurality of units of commodities into a single ownership interest of a particular commodity; and electronically initiating the transfer of the at least one owner's ownership interest of the particular commodity.
82 . The method defined in claim 81 wherein the at least one owner is a user of the system and has drag-along rights in the particular commodity, and the method further comprises:
providing the at least one user with an opportunity to sell the at least one user's ownership interest-in the particular commodity; and providing the at least one user with an opportunity to exercise the at least one user's drag-along rights when selling the particular commodity.
83 . The method defined in claim 81 wherein the plurality of units of commodities are stocks.
84 . The method defined in claim 81 wherein the plurality of units of commodities are time periods of user or ownership of real property.
85 - 272 . (canceled)
273 . A system for aggregating fractional ownership interests in commodities for use in an electronic ownership control system comprising:
means for combining co-ownership interests of at least one owner in a plurality of units of commodities into a single ownership interest of a particular commodity; and means for electronically initiating the transfer of the at least one owner's ownership interest of the particular commodity.
274 . The system defined in claim 177 wherein the at least one owner is a user of the system and has drag-along rights in the particular commodity, and the system further comprises:
means for providing the at least one user with an opportunity to sell the at least one user's ownership interest in the particular commodity; and means for providing the at least one user with an opportunity to exercise the at least one user's drag-along rights when selling the particular commodity.
275 . The system defined in claim 177 wherein the plurality of units of commodities are stocks.
276 . The system defined in claim 177 wherein the plurality of units of commodities are time periods of user or ownership of real property.
277 - 288 . (canceled)Join the waitlist — get patent alerts
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