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In lugnet.trains, Eric Kingsley writes:
> As I said we had to have a tax ID number in order to do business with one
> client that was ready to pay us a pretty decent amount of money. We looked
> into the 3 options you suggested (partnership, non-profit group, or
> Incorporation).
Did you look into forming an LLC or an LLP? In a regular partnership I'd be
worried that someone would slip on a brick or something at a NELUG event and
try to sue the pants off of the partners.
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Message has 1 Reply: ![](/news/x.gif) | | Re: Definitions: LUG or LTC
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| (...) Yeah sorry I guess I wasn't spacific enough. We are a Limited Partnership which limits our liability to the value of NELUG's assets, which while substantial from the groups perspective they are minimal in terms of real value. <humor> Of course (...) (22 years ago, 7-Sep-02, to lugnet.trains, lugnet.org.us.nelug)
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Message is in Reply To:
![](/news/x.gif) | | Re: Definitions: LUG or LTC
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| (...) Well I will give it a try, it was about 2 years ago that we set it up so some details may be a little off. I will also say that I have some very good family resources in that my Mother is a Lawyer and my father is an Accountant and they gave (...) (22 years ago, 6-Sep-02, to lugnet.trains, lugnet.org.us.nelug)
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21 Messages in This Thread: ![Definitions: LUG or LTC -Steve Barile (3-Sep-02 to lugnet.trains)](/news/x.gif) ![](/news/246.gif) ![Re: Definitions: LUG or LTC -James Trobaugh (4-Sep-02 to lugnet.trains)](/news/x.gif) ![](/news/46.gif) ![Re: Definitions: LUG or LTC -Reinhard "Ben" Beneke (4-Sep-02 to lugnet.trains)](/news/x.gif)
![](/news/x.gif) ![](/news/268.gif) ![Re: Definitions: LUG or LTC -Scott E. Sanburn (4-Sep-02 to lugnet.trains)](/news/x.gif)
![](/news/x.gif) ![](/news/268.gif) ![Re: Definitions: LUG or LTC -Greg Kramer (4-Sep-02 to lugnet.trains)](/news/x.gif) ![](/news/46.gif) ![Re: Definitions: LUG or LTC -Constantine Hannaher (5-Sep-02 to lugnet.trains, lugnet.org.us.wamalug)](/news/x.gif)
![](/news/x.gif) ![](/news/268.gif) ![Re: Definitions: LUG or LTC -John Neal (4-Sep-02 to lugnet.trains)](/news/x.gif)
![](/news/x.gif) ![](/news/268.gif) ![Re: Definitions: LUG or LTC -Steve Barile (4-Sep-02 to lugnet.trains)](/news/x.gif) ![](/news/46.gif) ![Re: Definitions: LUG or LTC -Steve Barile (4-Sep-02 to lugnet.trains)](/news/x.gif)
![](/news/x.gif) ![](/news/268.gif) ![Re: Definitions: LUG or LTC -James Brown (4-Sep-02 to lugnet.trains)](/news/x.gif)
![](/news/x.gif) ![](/news/268.gif) ![Re: Definitions: LUG or LTC -Eric Kingsley (4-Sep-02 to lugnet.trains, lugnet.org.us.nelug)](/news/x.gif) ![](/news/246.gif) ![Re: Definitions: LUG or LTC -John P. Henderson (5-Sep-02 to lugnet.trains, lugnet.org.us.nelug)](/news/x.gif) ![](/news/46.gif) ![Re: Definitions: LUG or LTC -Bruce Hietbrink (5-Sep-02 to lugnet.trains, lugnet.org)](/news/x.gif)
![](/news/x.gif) ![](/news/28.gif) ![](/news/x.gif) ![](/news/68.gif) ![Re: Definitions: LUG or LTC -James Trobaugh (5-Sep-02 to lugnet.trains, lugnet.org.us.nelug)](/news/x.gif) ![](/news/46.gif) ![Re: Definitions: LUG or LTC -Eric Kingsley (6-Sep-02 to lugnet.trains, lugnet.org.us.nelug)](/news/x.gif) ![](/news/46.gif) ![You are here](/news/here.gif) ![](/news/46.gif) ![Re: Definitions: LUG or LTC -Eric Kingsley (7-Sep-02 to lugnet.trains, lugnet.org.us.nelug)](/news/x.gif)
![](/news/x.gif) ![](/news/268.gif) ![Re: Definitions: LUG or LTC -Bert Waters (5-Sep-02 to lugnet.trains)](/news/x.gif)
![](/news/x.gif) ![](/news/268.gif) ![Re: Definitions: LUG or LTC -Adrian Egli (5-Sep-02 to lugnet.trains)](/news/x.gif)
![](/news/x.gif) ![](/news/268.gif) ![Re: Definitions: LUG or LTC -Bruce Hietbrink (5-Sep-02 to lugnet.trains, lugnet.org)](/news/x.gif)
![](/news/x.gif) ![](/news/68.gif) ![Re: Definitions: LUG or LTC -Russell Clark (5-Sep-02 to lugnet.trains, lugnet.org.us.baylug, lugnet.loc.us.ca.sf)](/news/x.gif)
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