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Action to finalize a document

Question asked by m4mf on Jul 9, 2007
Latest reply on Feb 24, 2014 by mrogers

is there a build-In functionality, to make a document "read only" for owner or to finalize this.

The need is to make content to a "stable target" for resusing or reference.

I can imagine that with a script and custom action it's possible to add this functionality. So the current owner will run "finalize" and just lose the rights or give them to the system user. 
Will this be a right way, is somewhere an example for this?