The formation of the for-profit subsidiary is straightforward; it will be a wholly owned subsidiary of the corporation and can be formed as a corporation or limited liability company under the laws of all fifty states.
However, the corporation must be formed, minimally, as a not-for-profit so that it has no shareholders or members. Not-for-profit corporations can be formed in any of forty-four states without shareholders or members.
2/
Jonathan D. Cope, Esq. /
npub1tm…cqlpq
2024-05-27 05:08:30
in reply to nevent1q…9zp0
Author Public Key
npub1tmwk8hl68m0e8ftg7xxwmmnrnwatdy8r2v9xw6tcuxqtpw3hpw6qvcqlpqPublished at
2024-05-27 05:08:30Event JSON
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