For some historic and legal development information on the corporation
sole go to http://hushmoney.org/corporate-sole_facts.htm

Unfortunately, there's been a great deal of abuse of the corporation
sole as of late by various tax protest groups. Information to debunk
some of that is at http://hushmoney.org/corporation-sole_myths.htm


>Is anyone on the list familiar with the corporate form
>referred to as a "corporation sole"?  This entity is
>permitted in California and seems very odd.  To quote
>the California Corporations Code Section 10002
>
>"A corporation sole may be formed under this part by
>the bishop, chief priest, presiding elder, or other
>presiding officer of any religious denomination,
>society, or church, for the purpose of administering
>and managing the affairs, property, and temporalities
>thereof."
>
>Could anyone point me to more information about this
>business form?  In particular, I'm trying to find out
>(1) what states permit it; (2) what advantages it has;
>and (3) whether it has some special federal tax
>advantages. I've never before heard of a business form
>which was ONLY permitted for religious institutions.
>
>Any advice would be much appreciated.  Thanks.
>
>Will


                
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