This article provides a comprehensive checklist for starting a nonprofit organization, covering essential steps such as defining a unique mission, assembling a board of directors, drafting bylaws, and filing articles of incorporation. Following this guide will help ensure your nonprofit is legally compliant and positioned for success.
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State registration is a requirement for charities in up to 40 states, depending on the charity’s fundraising activities.
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The challenges businesses face when registering, dissolving, or terminating their authority to operate in a state, particularly due to tax clearance requirements and the need for approvals from various agencies, can be daunting. Here are some tips and strategies to help you navigate that minefield.
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This piece explores Special Purpose Entities (SPEs) in commercial real estate, emphasizing their role in limiting financial risk and improving creditworthiness. It covers key characteristics like limited purposes and independent directors, along with their benefits in securing better financing.
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Should you form a Professional Corporation (PC) or Professional Service Corporation (PSC) for your business? Read on to find out.
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This article explores the pros and cons of combining multiple amendment actions in a single UCC3 filing. While it can save costs and simplify records, risks like state acceptance issues and incomplete indexing must be considered for compliance.
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Here are some helpful tips for using a Limited POA, granting authority to a filer to sign documents on behalf of your company.
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When planning to use a series LLC structure in the domestic state, it’s important to consider where else the company and the individual series cells may wish to operate as not all states have statutes allowing for series LLCs to qualify to do business.
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We clarify common misconceptions about UCC3 Assignment filings, explaining that they authorize a new secured party to amend a financing statement but do not transfer the underlying security interest. Understanding this distinction is crucial for accurate UCC documentation and maintaining the integrity of secured transactions.
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Learn what a process agent is in our helpful white paper, “What is a Process Agent and Why Do You Need One?”
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