Legal Question in Business Law in Utah
Ancestral Family Organizations
Family members as decendents of my paternal grandparents want to create a family organization for the purpose of family history research. We may receive money from family members as donations for use to publish a newsletter, do mailings, host a website, etc.
Question is: What type of organization would we need to permit the organization to have a name, a small bank account and the ability to have officers who serve on a volunteer basis for a pre-determined term?
Sorry. I do not know what area of law in involved.
1 Answer from Attorneys
Re: Ancestral Family Organizations
You can create an association, which is an information organization; or go more formal with a limited liability company. I recommend just reserving a name with the Dept of Corporations, and using an association, with its own bank account. (For that purpose you should have a federal tax ID number from the IRS.
Related Questions & Answers
-
Non-compete Does as non compete contract for an employee transfer to a new owner of... Asked 12/13/07, 4:33 pm in United States Utah Business Law
-
Franchises I own a franchise with a very weak franchise agreement. Some of the other... Asked 12/05/07, 7:37 pm in United States Utah Business Law
-
Convention business offering contracts for city work in exchange for convention... Asked 11/03/07, 1:51 pm in United States Utah Business Law
-
City website lists my competitor's site but not mine St. George, Utah has a city... Asked 10/25/07, 4:36 pm in United States Utah Business Law
-
Transfer of Assets from Sole Proprietorship to Partnetship Two business associates... Asked 10/22/07, 11:41 pm in United States Utah Business Law
Looking for something else?
10,200 active attorneys ready to answer your legal questions today.
Featured Attorneys
Earn additional revenue and grow your business.
