Re: Incorporating

[qut@netcom.com (Dave Harman)]

! How do corporations work, in terms of liability?  If the cost of 
! incorporating isn't forbidding, I would think a remailer operator might 

An excellent idea for reducing civil liabilty.
It's easy and cheap to incorporate a delaware for-profit corporation.

Following certain practices,
vastly increases your legal status.
Such as the corporate boilerplate of:
Stock certificates;
Proper titles and roles that are duly recorded;
Proper minutes, meetings, accounting;
Good Articles of Incorporation.

In other words,
Sameer the $USER is very different from President/Chairman Sameer Parekh of C2, Inc.

A non-profit corporation is considably different,
and for certain reasons,
would not be as good as for-profit for potentially shielding civil liability.
(Unfortunately, case law suggests that.)

! consider incorporating a company, and making the remailer a function of 
! that company.  That way, any losses are restricted to the total value of 
! the corporation; that is, nothing.  Any flaws?  There must be something 
! wrong with it somewhere.

Less freedom than the sole-proprietor.
Following the corporate protocols.

! Thanks.

Thank you for your contribution,
Qut