Legal Question in Business Law in Indiana
Nonprofit Corporation Startup
We are getting ready to start a
nonprofit charity. We are consideing
using findlegalforms for the articles
of incorporation and by-laws. Is there
special by-laws forms forms for non
profit?
2 Answers from Attorneys
Re: Nonprofit Corporation Startup
Forming a non-profit corporation is not something one should do without an attorney. The rules to qualify as a not-for-profit are quite complex and unless Doing so can jeopardize your ability to gain not-for-profit status.
Re: Nonprofit Corporation Startup
The Corporation Laws are governed by the State. You should check the corporate laws in the State where you are incorporating to see what information needs to be contained in the incorporation documents. Also, the State and Federal Tax Laws have special requirements that govern what we refer to as "501(c)(3) organizations".
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