3 legal questions have been posted about corporate law by real users in Maryland. Ask your question and dive into the knowledge of attorneys who handle your issue regularly. Similar topics to explore also include corporate litigation, corporate taxation, and corporate governance. All topics and other states can be accessed in the dropdowns below.
No one particularly cares about this, and your conclusion that such activities are "illegal" is probably based on incomplete information. There is no particularly good system for making anonymous complaints, and such complaints are accorded little weight by authorities. If you are willing to be "out," you have some options....
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No one particularly cares about this, and your conclusion that such activities are "illegal" is probably based on incomplete information. There is no...
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My suggestion is that you seek legal advice prior to signing a termination of employment agreement if the employment is at all unique or well compensated. After all, there may be many provisions of which you do not understand the legal implications. Of course, much depends on how much the legal advice will cost you and you should determine that before you start retention of a lawyer.
This is not intended to be legal advice, and is general in nature. No attorney-client relationship exists or is formed by this information/ Furthermore, this does not represent the views or opinions of LexisNexis or its affiliated companies....
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My suggestion is that you seek legal advice prior to signing a termination of employment agreement if the employment is at all unique or well...
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As with all non-profit organizations, your first priority should be to be sure that you do not stray from your mission and, in so doing, threaten your tax-exempt status. Whatever criteria you use to select your new directors, be sure they are in keeping with your mission statement, are not political in nature, and otherwise in compliance with the IRS' rules on tax-exempt organizations.
Regarding the actual process of appointing board members, you should refer to your organic documents, such as your articles of incorporation and your by-laws. If those documents do not lay out a process, consult an attorney to verify that the process you have selected is in keeping with the law.
You should also consider consulting an attorney to oversee this entire process to be sure that you do not risk your tax-exempt status.
DISCLAIMER: This is not intended to be specific legal advice and should not be relied upon as such. No attorney-client relationship is formed by this posting....
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As with all non-profit organizations, your first priority should be to be sure that you do not stray from your mission and, in so doing, threaten...
Read More