Legal Question in Business Law in North Carolina
Forming a non profit 501c4. To whom do we issue the stock?
Asked on 1/07/11, 2:38 pm
1 Answer from Attorneys
Bob Bollinger
Bollinger Law Firm PC
Non-Profit corporations under NC law (NOT 501c4; that is a reference to the IRC federal tax code) do not issue stock.
You need to get some professional assistance to help you do this correctly. Doing it wrong can be very expensive.
Answered on 1/24/11, 10:37 am
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