Legal Question in Administrative Law in Michigan

LLC for a non profit

Can a non profit(501c3) apply as a LLC

Asked on 10/10/08, 5:42 pm

1 Answer from Attorneys

Patrick Tracy Patrick J. Tracy, Esq, P.E.,
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Re: LLC for a non profit

In general, under IRS rules a 501(c) corporation must be a "C" corporation with special conditions as outlined in their regulations.

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Answered on 10/10/08, 6:16 pm

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