KERALA RISING · FROM EXPORTING PEOPLE TO EXPORTING IDEAS a for-profit structure are not legally available to the operating company without state consent. 13. Three permanent vehicles. A Society, the Section 8 operating company, and a civic Trust. None can be sold or transferred to private holders. 14. No private extraction. No external equity and no equity-equivalent compensation. Compensation is salary-only at non-profit benchmarks, with clawback on violation. 15. Surplus reinvested. Commercial surplus is reinvested under a published allocation policy rather than distributed to any private party. 16. Continuous public audit. Audited annual financials, unaudited quarterly financials, an annual independent governance review, and the audit corpus published quarterly as open data. 17. State owns the IP. Kerala holds a perpetual, royalty-free licence to everything the institution builds. 18. CAG jurisdiction by design. The operating company accepts Comptroller and Auditor General empanelment as a state-funded entity and treats performance audit as a welcomed mechanism, not a contingent risk. 242