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No. We're saying that if an entity starts out as a non-profit saying that it's operating for the good of the world, and in the process gains goodwill and variou
by JoshTriplett 2y ago
No. We're saying that if an entity starts out as a non-profit saying that it's operating for the good of the world, and in the process gains goodwill and various benefits, it can't subsequently turn into a for-profit company.
- xlbuttplug2 2y agoinb4 loophole to create a new company and transfer over all the non-profit's assets.. and keep the same name somehow.