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11/27/95 - Writer confirmed that the six non-profits forming the 501(c)(3) non-profit will remain in business. I confirmed that 802.40 does not apply since no voting stock is being taken by the...
11/22/95 - Advised writer that distribution of his stock by B to Bs present shareholder is exempt under our present reading of 802.10. (Distributing to controlling shareholder also exempt under 802.30...
11/21/95 - Advised writer that formation of LLC is non-reportable. The outside persons appointed to the Advisory Board will not be functioning as members of a corporate board function. Although...
11/16/95. Writer confirmed that Corporation B and C are under common control so that a 70% membership interest in the proposed LLC will be held by one person. Based on facts presented here, I advised...