[Regia-NA] Re: insurance,incorporation and common sense acti

[Patrick Anderson]

One quick word of advice:

Make sure that you maintain the corporate formalities. It is easy to set up a corporation, but you have to make sure you follow the state law for maintaining the corporation. (Most states require annual meetings of the board of directors. Some states require various other legal formailities.)

Also make sure that you maintain the non-profit status through following the IRS code.
 
Patrick
(who usually just lurks)

On Wednesday, June 01, 2005, at 10:19AM, Douglas Sunlin <dsunlin at hotmail.com> wrote:

>>>The initial legal expenses were donated by a member or members who 
>>>happened to be lawyers.  If a group does not have a qualified lawyer as a 
>>>member, then most Offices of Secretary of State provide very simple forms 
>>>for the lay person to use for such incorporation, and even simple and 
>>>uneducated lay persons can navigate the IRS regulations pertaining to 
>>>non-profit entities.
>
>E.g.: http://www.nolo.com/
>


--
Patrick Anderson
gabrielherald at mac.com
"I have horses in my stable. I have sons fit to fight.
I will bring this to your table, if you ride with me tonight."
     Runrig - From the North