9/11/09, 5:28 am

Legal Question

Want to purchase a California incorporated 501C3 company. Is it possible under the rules to sell the company in its entirety and convert it to a private corporation?

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Yes, provided the Articles of Incorporation are changed, the Board approves and the Members (if any) approve. Also, you ...

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Shahram Miri

I would also recommend reading the nonprofit's Articles of Incorporation to look for provisions that restrict its distri...

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Bryan Whipple

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