Sample Procedurure
Legal Structures

 

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Problem

What Legal Entity should the County Assembly take?
 

Facts & Assumptions:
 

A) Realizing corporations have bad reputations, they are a requirement in our current world to
conduct business.

Other businesses will not do business with a busload of unknown gin drinkers. They need to
know who they are dealing with. This is especially true of banks. Our current world requires
Federal ID Numbers.

B)  What is the difference between an Assembly and a Non-Profit Corporation?

       See the answer here:    Source

In Florida it costs more to file for a fictitious name than file for a non-Profit Corporation and you get the name for free.

If you go by an Assembly, it may be impossible to open a bank account or enter a contract.

Therefore, I suggest you file with your state as a Non-Profit Corporation. In Florida that is less than $100 and locks up your county Name.
 

I suggest a name like “County Assembly For Cold Butt, AK”. You want it as short as possible. 

As a CPA and a Paralegal, I recommend Non-Profit for my County Assembly.A

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C) The Members will require the protection against them being financially responsible for the full
bar tabs from that missed bus trip.
 

D) There are a few possibilities to satisfy the above. The suggested one is a non-profit
Corporation. 

The cost for this in Florida is about $100 if you do it yourself.
 

Another route is an Association.  The cost is the same.
 

E) This can be done with the State Division of Corporations.
After you get your Charter apply for a federal ID Number, is that is still possible.

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F) If uncomfortable, consult an Attorney or CPA for advice.

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G) If unsure then consider Filing as both a Fictitious Name and as a Non-Profit corporation.

​     This controls both names until you decide which way to go.

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H))  To file as a corporation, see this work product of mine.     Link    

Your Plan Here

                ????

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