2 ms·
The reason it's not that simple is that the organization in New York has assets - trademarks, offices, etc. - that they'd like to keep when they reincorporate i
by SpicyLemonZest 6y ago
The reason it's not that simple is that the organization in New York has assets - trademarks, offices, etc. - that they'd like to keep when they reincorporate in Texas. They almost certainly can't erase New York's claim on the assets of a New York organization by just setting up shop in another state.