[Foundation-l] Chapter-selected Board seats - brainstorming

[Anthony]

On Sat, May 3, 2008 at 9:37 AM, Gerard Meijssen
<gerard.meijssen at gmail.com> wrote:
> Hoi,
>  Countries in Europe have states too.
>  Thanks,
>       GerardM
>
I don't deny that, though I do wonder if we're using the same sense of
the term "state".  I don't mean to include mere administrative
divisions.

US states have their own laws, their own income and sales taxes, and
they each handle incorporation separately.  In fact, a corporation
which does business in more than one state has to keep separate
accounting for each state and file as a foreign corporation in each
state apart from the first.  There are, as Sebastian questioned,
significant legal, if not tax, advantages to having a separate
organization in each state.