鲜花( 168) 鸡蛋( 0)
|
Types of non-profits
9 A/ _9 W; J" ?, fThere are 2 types of non-profit organizations: private and public.
. f& P" U- X: O" g
! ?, p+ B4 ? `' XYou should get legal advice if you need help deciding which type of company is best for the needs of your group or if a society is a better legal structure.
& x- R# G, i# u2 ]9 ` V7 r( d
7 Y& f9 \' l, Y. j& T/ d% ePrivate( g' L$ \$ r* z, l) h) n7 d
At least 2 people are needed to form a private non-profit organization. A private non-profit organization has the following restrictions:
$ c2 ?' b [4 ]# p( O0 P5 d2 M
1 A6 A4 A8 G$ k/ b; e) _) G+ ucannot have more than 50 shareholders or members8 Y( n/ c% X, H e) k6 R) Z8 h: X$ o( u
cannot sell shares or memberships to the public" Z3 x0 j9 J" X% y4 S+ i- w
restricts or forbids share or membership transfers
7 w7 V8 a. G6 w5 m* ]) rPublic
" I8 n% |. Q/ A9 F& S- M% `/ }At least 3 people are needed to form a public company. A public non-profit organization does not have the restrictions of a private organization. |
|