Originally Posted by nolu chan

Virginia Business Registration Guide [Excerpt]

Page 68



The asserted "not-for-profit corporation" is a legal impossibility. By definition, a Non-Profit Corporation in the state of Virginia must have obtained tax-exempt status. A Non-Profit Organization cannot be incorporated.

The specific term "not-for-profit corporation" does not exist in Virginia law.



In Virginia law there is no such entity as a not-for-profit corporation. There is a Non-Profit Organization, and there is a Non-Profit Corporation. Proud Patriots, Inc., did not qualify for either category.

Originally Posted by SarasotaRepub

Calm down...