Jonathan D. Cope, Esq. on Nostr: FORMATION AND OPERATION OF A CCE As mentioned previously, a CCE requires two ...
FORMATION AND OPERATION OF A CCE
As mentioned previously, a CCE requires two entities, a not-for-profit corporation and a subsidiary entity. The most important requirement in their formation is that neither can have any individuals as shareholders, members or other stakeholders. The primary reason for this is the corporation and its subsidiary cannot distribute net profits or be responsible to any shareholders, members, or other stakeholders.
1/
Published at
2024-05-27 07:08:01Event JSON
{
"id": "3b1daf1d116a39568decde3e31337d89c862b8ae254d5e46e65f0533a33ddda3",
"pubkey": "5edd63dffa3edf93a568f18cedee639bbab690e3530a676978e180b0ba370bb4",
"created_at": 1716786481,
"kind": 1,
"tags": [
[
"proxy",
"https://awscommunity.social/users/Cirdan/statuses/112511318875344828",
"activitypub"
]
],
"content": "FORMATION AND OPERATION OF A CCE\n\nAs mentioned previously, a CCE requires two entities, a not-for-profit corporation and a subsidiary entity. The most important requirement in their formation is that neither can have any individuals as shareholders, members or other stakeholders. The primary reason for this is the corporation and its subsidiary cannot distribute net profits or be responsible to any shareholders, members, or other stakeholders.\n\n1/",
"sig": "d5e264eccde632aa0bf77e26abe474f80ba3cec48bda1dbc10aaaf34169db77c60101f5c4df1ff8eddcde56b96a7eb40ff536d48ca38195741f1415c678cf2cc"
}
