Task #5: Legalizing the Institution
To operate in any country and to benefit from the privileges offered by its government, an institution must comply with that country’s laws. An important task for any institution builder, often aided by a qualified lawyer, is therefore to be sure that the institution meets the demands of the country’s legal system and that mechanisms are in place to preserve its continuing legal status in the future.
For institution builders, the task of legalizing an institution has various purposes. Two of the most important are, first, to gain the new institution legal recognition as an entity separate and apart from the persons who are organizing it and, second, to entitle it to take advantage of various rights ...
Get The Institution Builder’s Toolbox now with the O’Reilly learning platform.
O’Reilly members experience books, live events, courses curated by job role, and more from O’Reilly and nearly 200 top publishers.
