|financial liability of members||<– Date –> <– Thread –>|
|From: School of Mathematics, U of MN (depts5.math.umn.edu)|
|Date: Fri, 26 Aug 94 10:51 CDT|
Monterey CoHousing started as a non-profit corporation under the laws of Minnesota whose purpose it is to provide housing to its members. This is a limited liability arrangement where our personal wealth (of whatever size) is not exposed in unlimited way. Judy Baxter has been with previous and now defunct core groups in this Minneapolis area and can speak to financial risk in a personal way. I don't trust myself to have the details. Monika Stumpf, Monterey CoHousing-Mpls, dept [at] math.umn.edu
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