[Theforum] [survey] donations

Luther, Ron Ron.Luther at compaq.com
Tue Dec 18 13:42:19 CST 2001

... some discussion I deleted about liability in US corporations and
NFPs ...

It's been quite a while since I looked at these things, but I seem to
remember a position called "statutory agent" ... it was usually a paid
position {that I always   *strenuously* declined}.  My (potentially
mistaken impression) was that if a judge sentenced the 'company' [MS for
example] to 'five years hard labor' ... it was the statutory agent that
actually did the time.

It looks like some companies serve as 'statutory agents' for a fixed
annual fee in the $55 to $120 a year range. (from google search)

[Arizona, for example, seems to require these buggers for every business
and even every landlord.]

(... enduring flash backs to dealings with less than reputable folks
wending their way through incorporation proceedings ...)

-----Original Message-----
From: Martin [mailto:martin at members.evolt.org]

On Tuesday, December 18, 2001, at 06:54  pm, A. Erickson wrote:

>> We have absolutely no way of demonstrating that we do
>> spend donations the way we say we do.
>> If we tried to register as 501c3 we'd get laughed out.
> Isn't it not too difficult to get a business account in the U.S.?

Don't know. If it parallels the UK, the business bank manager
will tend to want evidence of a business in existence or
plan (plan is more work) with proper financial controls.

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