Legal Question in Business Law in Texas
Can an association be for profit? A business that has members who pay for services like certifications and training.
Asked on 7/07/23, 3:30 pm
1 Answer from Attorneys
Frank Natoli
Natoli-Legal, LLC
Sure, why not? If there is a profit motive whereby owners share in profits earned then this is just a for profit business like any other.
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Kind regards,
Frank
www.LanternLegal.com
866-871-8655
DISCLAIMER: this is not intended to be specific legal advice and should not be relied upon as such. No attorney-client relationship is formed on the basis of this posting.
Answered on 7/10/23, 10:05 am
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