On Tue, September 3, 2013 4:49 pm, Petros wrote:
I guess the reason for a legal entity is to simplify or enable:
1. Insurance 2. Sponsoring 3. Hiring of venues etc. 4. A public voice 5. A president to blame;-)
Okay, maybe 1 to 4 are valid. What else?
No, 5 is valid too, except it's the other way around. :) In an unincorporated association individual members are liable for debts of the organisation, and can be sued etc for actions of the association. Incorporation (whether independently or as a subcommittee of a larger organisation) means that the association can sue, be sued, hold and be liable for property, etc., in its own right. "Incorporation" makes an association a "legal person" in terms of contractual law. IANAL, but I have studied business and organisation law at the postgrad level. FWIW. -- Lev Lafayette, BA (Hons), GCertPM, MBA mobile: 0432 255 208 RFC 1855 Netiquette Guidelines http://www.ietf.org/rfc/rfc1855.txt