Pennsylvania | Business Law
8/20/05, 10:29 pm
Legal Question
Selling a Non Profit
I'm the founder of a non profit organzation. The company is a theatre company, and as with most non profit organzations, there is little money. (at this time we only have a net worth of $16) Any expenses that come up, I've been paying myself.
I'm in the middle of forming an LLC, and was wondering if it's possible for the new company to purchase the non profit and obsorb it into the LLC?
Thank you
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Read More Answered By: Mark Johns |
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