Quote:
Originally posted by AlphaChiGirl:
Isn't it true that not all NPHC groups are incorporated in every state? I've heard something to this effect.
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Perhaps we need a lawyer with corporate law experience to comment on this "Inc." issue.
I've read all the posts and I still don't quite understand why the "Inc." is there. There must some sort of tax advantage or financial implications to being incorporated. Still, the NPHC sororities are "Their Name Sorority Inc.", whereas the NPC sororities are usually just "Their Name Sorority or Fraternity". Why don't the NPC sororities have this? Is there some sort of different financial implications?
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