When considering entity types for a worker cooperative, there are multiple options available. One possibility is to incorporate as a cooperative corporation if one exists under state law. However, it’s important to keep in mind that there are other options to choose from. To help make an informed decision, it’s helpful to consider factors about various entity types. For instance, the chart below outlines the pros and cons of selecting either a cooperative corporation or LLC in California, as well as the most commonly chosen tax status options.
Sample Bylaws: Equal Exchange
Creating bylaws can be a difficult and lengthy process and will be different for each cooperative. Here is one example of Bylaws and Operating rules created by a worker cooperative. Related Articles
Cooperative Topic Index
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by Resource – SELC