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Be careful!!!
OK this book makes you feel like incorporating is as easy as bying the book ...
But it is way too vague, and omits to tell you what you get yourself into !
After reading this book, I incorporated and for additional info I bought Nolo's How to Form a Nonprofit Corporation in California by Anthony Mancuso (or How to Form a Nonprofit Corporation if you don't live in california) and I got really scared.
This nonprofit kit is really for dummies, it doesn't even talk about applying for state tax exemption which is as important as federal tax exemption, or your responsibilities and duties as a director or officer.
I would really advise you to buy Nolo's book (nolo.com). The author is much more responsible, he clearly tells you that you should prepare your bylaws, your federal and state tax exemption application BEFORE submitting you articles of incorporation ...
Plus, this nonprofit kit for dummies is making some huge mistakes! It tells you that the Board of Directors is composed of the president, vice president, secretary and CFO ... which is totally untrue, they are officers
The board of directors is composed of guess what ... directors.
March 2004 · Books