Greg
I think this is incorrect. I find it hard to imagine a corporation (and,
particularly a non-profit corporation) which is required by law to
restrict membership to legal persons in this way, that is to *require*
members to be legal persons.
I cannot believe US law is so fundamentally different here -- members of
a corporation may normally be either natural persons or legal persons
unless there are explicit restrictions in the Articles, which is a
matter of choice, not compulsion.
(I can imagine a non-profit CHOOSING to restrict membership to one or
the other but I can't imagine any statutory requirement of this nature.)
A trade association MIGHT restrict membership to legal persons: e.g. the
Association of Incorporated Widget Makers (fictitious) may only allow
incorporated makes of widgets; however it would be less unexpected to
see non-profits expecting members to be natural persons only (e.g. the
American Radio Relay League see
http://www.arrl.org/arrl-by-laws).
Can you expand on this please?
On 17/07/15 09:47, Greg Shatan wrote:
> hands of the community, and to have these powers as a matter of right.
> Members must be legal persons.
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