Minutes adoption — the corporate record cannot be edited after the fact

minutes_adoption.cell

// ============================================================================
// MINUTES ADOPTION — the corporate record cannot be edited after the fact
// ============================================================================
//
// The stock-option backdating scandals of 2006 (over 130 companies under
// SEC investigation, CEOs of Brocade and Comverse criminally charged)
// ran on one quiet mechanic: board paperwork written or "fixed" AFTER
// the fact, dressed up as the record of an earlier date. Minutes are
// evidence — Delaware courts treat adopted minutes as the authoritative
// memory of what a board decided. Their value collapses the moment they
// can be revised after adoption.
//
// So adoption here is a one-way door. Amendments append to a numbered
// revision trail only while the draft circulates; `adopted` is a
// terminal state soma verify proves, and the adoption ledger holds at
// most one adoption per document — a second "corrected" adoption of the
// same minutes is a write the memory refuses.
// ============================================================================

cell MinuteBook {
    face {
        signal circulate(doc: String) -> Map
        signal amend(doc: String, change: String) -> Map
        signal adopt(doc: String) -> Map
        signal revision_count(doc: String) -> Int
        signal adopted_once(doc: String) -> Bool
    }

    memory {
        // doc -> adoptions. AT MOST ONE: "re-adopting corrected minutes"
        // over the originals is unrepresentable.
        adoptions: Map<String, Int> [persistent, consistent]
        invariant adoptions >= 0 && adoptions <= 1

        revisions: Map<String, Int> [persistent, consistent]
        invariant revisions >= 0

        edit_log: Map<String, String> [persistent, consistent]
    }

    // drafted -> circulated (amendable, may loop) -> adopted (TERMINAL).
    state minutes {
        initial: drafted
        drafted -> circulated
        circulated -> adopted
    }

    on circulate(doc: String) {
        let r = try { transition(doc, "circulated") }
        if r.error != () { return map("ok", false, "reason", "{r.error}") }
        return map("ok", true, "state", "circulated")
    }

    // amendments are welcome — while the board is still looking at a draft
    on amend(doc: String, change: String) {
        if get_status(doc) != "circulated" {
            let s = get_status(doc)
            return map("ok", false, "reason", "minutes are {s}; the record does not bend")
        }
        let n = (revisions.get(doc) ?? 0) + 1
        revisions.set(doc, n)
        edit_log.set("{doc}:r{n}", change)
        return map("ok", true, "doc", doc, "revision", n)
    }

    on adopt(doc: String) {
        if get_status(doc) != "circulated" {
            let s = get_status(doc)
            return map("ok", false, "reason", "cannot adopt from {s}")
        }
        // THE WALL: one adoption, ever
        let w = try { adoptions.set(doc, (adoptions.get(doc) ?? 0) + 1) }
        if w.error != () {
            return map("ok", false, "reason", "{doc} was already adopted; the record stands")
        }
        transition(doc, "adopted")
        return map("ok", true, "state", "adopted", "revisions", revisions.get(doc) ?? 0)
    }

    on revision_count(doc: String) {
        return revisions.get(doc) ?? 0
    }

    on adopted_once(doc: String) {
        return (adoptions.get(doc) ?? 0) == 1
    }
}

cell test MinuteBookTests {
    rules {
        // nothing is amendable before circulation, nothing adoptable from draft
        assert amend("jan-meeting", "fix attendee list").ok == false
        assert adopt("jan-meeting").ok == false
        assert_fails transition("jan-meeting", "adopted")

        // circulate; the board marks up the draft freely
        assert circulate("jan-meeting").ok == true
        assert amend("jan-meeting", "fix attendee list").revision == 1
        assert amend("jan-meeting", "correct vote tally on item 4").revision == 2
        assert revision_count("jan-meeting") == 2

        // adoption closes the book
        assert adopt("jan-meeting").ok == true
        assert adopted_once("jan-meeting") == true

        // THE BACKDATER'S MOVE: edit after adoption. No state to do it in,
        // no path back, and a second adoption is a write the memory refuses.
        assert amend("jan-meeting", "option grant was 'always' dated June 1").ok == false
        assert_fails transition("jan-meeting", "circulated")
        assert_fails transition("jan-meeting", "drafted")
        assert_fails adoptions.set("jan-meeting", 2)
        assert revision_count("jan-meeting") == 2          // the trail is intact
    }
}