Legal Question in Business Law in Georgia
Busness
I have a non profit organization and has not been in business for quite some time. I finally got some donation and wanted to know how much money be transfered to my account because i don't have a bank for the corporation ?
2 Answers from Attorneys
Re: Busness
You should immediately open up a separate bank account for your organization. Further, you should have the pertinent documents reviewed by an attorney to see under what conditions you can transfer money to yourself.
Re: Busness
You should have a bank account for the company before moving any money in or out. Otherwise, I don�t understand your question.
If you would like to discuss any issues further, please feel free to contact my office. My contact information is below. Thank you.
The foregoing is general information only, not specific legal advice. No attorney/client relation has been created or should be implied.
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