Which status--LLC or non-profit?
From: Stephen Farley (sfarleyigc.apc.org)
Date: Fri, 2 Jun 1995 13:18:06 -0700
Howdy, all--

We at TUcson Cohousing are finally getting together and getting legal.
The problem is, which legal status to choose. Our lawyer at first
suggested a Limited Liability Company (LLC), but then decided that we
would be too much of a target for lawyers ready to try going after
this relatively new entity. So she then suggested forming a non-profit
corporation.

Does anyone else have any insight on pros & cons of LLCs vs non-profits, 
or any other possible choice, as it pertains to developing cohousing?

Thanks,

Steve Farley
Tucson Cohousing (maybe soon to change our name...)
sfarley [at] igc.apc.org

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