Starting or Reorganizing a Business? Understanding the Legal Language of Business Structures Can Help.
By Angela M. Ward, Attorney Founding an association, business, or private club is a labyrinth of legal challenges. Whatever the organization, there are thorny questions about how to structure it, the form and function of charters, articles, and by-laws, and forging business, member, or employee contracts. To make matters worse, dense “legalese” language can make it challenging to understand the laws and regulations that…