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Re: Incorporation
John Conley (ITI@FRONTIERNET.NET)
Thu, 20 Aug 1998 11:42:35 -0700
Zacharias Petrou wrote:
>
> A CC of a Troop in our area has indicated his desire to incorporate his
> Troop Committee so as to limit the liability exposure of the committee
> members. He claims that he is familiar with other units in the region
> that have already done so. In this context, he has engaged an attorney
> who is to undertake the necessary formalities.
The only incorporated committees I have ever heard of are a few units
that don't have a "real" chartered organization, so are chartered to
"Friends of Troop XX."
However, from experience with another organization, I've heard that
in some cases incorporating can actually increase, not decrease, your
liability. (Especially if you are an officer of the corporation, if my
memory serves me correctly.) Any input from Jim Moss or some of our
other legal eagles?
YiS,
John Conley
Arrowhead District Commissioner
Finger Lakes Council (NY)
*Better to build boys than mend men*
Terry Howerton Sakima Group, Inc. SCOUTER Magazine Kansas City |
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