Private Unincorporated Associations
An unincorporated association (UA) is a private entity that can operate available to women and men who wish to keep their property and activities as simple, untangled, and in the private as possible.
In this post-1933 commercial realm, UA's provide a legal, lawful opportunity to create your own "game piece", a bit like your own "Top Hat" for Monopoly, which is recognized by the Secretary of State as a private entity, and may obtain an EIN number from the IRS that is exempt from any filing requirements.
Unincorporated means it's private...
Living, sentient men and women, with endowed rights, have the power to contract in the private...
"No State shall pass any Law impairing the Obligation of Contracts..."
Unlike corporations, LLCs, and various trusts which remain tied to a social security number, UAs are considered separate, private entities as per each UA's Articles / Bylaws;
- Tax Exempt EIN Number: EIN Number assigned with "575-E" (as in "Exempt") status;
- Control : As a directing member of the association, you have final say over all transactions and activities related to association assets;
- Privacy: The association is not publicly listed, ensuring complete privacy;
- Asset Management: Assign ownership of property (vehicle, house, bank account, etc.) to the association (via states that recognize UAs as separate legal entities) to limit / eliminate personal liability;
- Ease: Assets can be easily managed, controlled, transferred, and sold on behalf of the association, while not being subject to taxes and fees;
- Documentation: Articles and Bylaws of Association... banking resolution minutes to open up bank and financial accounts with ease;
- Minimal Ongoing Costs: Lifetime registration with no annual fees (Corporations and LLC’s are $800+ per year);
- Will & Testament: Keep it simple and easy, ensuring control of all association property and assets will be passed seamlessly to an assignee assuming your membership position(s) of control over the association(s).
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Below is a great overview presentation to get a better under(inner-)standing of what an unincorporated association is and how it can function in the realm, as well as a fabulous synopsis of the income tax scam so many of us have been bamboozled into. Further are some other videos worth checking out, too, when it comes to the truths about "income" taxation.
Unincorporated association. Voluntary group of persons, without a charter, formed by mutual consent for purpose of performing common enterprise.
— Black's Law Dictionary
Wikipedia : "Unincorporated Association"
The characteristics of an unincorporated association in common law jurisdictions arise almost exclusively from case law, rather than from legislation.
Their legal basis is the general law of contract (including contracts of agency), which governs the agreements the members make with each other. Unincorporated associations are therefore entirely private concerns.
[NOTE: While the laws governing unincorporated nonprofit associations vary from state to state, the following states regard unincorporated nonprofit associations as legal entities separate from their members: California, Alabama, Arkansas, Colorado, Washington DC, Hawaii, Idaho, Illinois, Iowa, Kentucky, Louisiana, Nevada, North Carolina, Pennsylvania, Texas, Wisconsin, and Wyoming.]
California Corporations Code § 18035
(a) “Unincorporated association” means an unincorporated group of two or more persons joined by mutual consent for a common lawful purpose, whether organized for profit or not.
California Corporations Code § 18605
A member, director, or agent of a nonprofit association is not liable for a debt, obligation, or liability of the association solely by reason of being a member, director, officer, or agent.
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To learn more, click on the logo below to visit the website dedicated to getting unincorporated associations setup and running (havin1g already registered more than 1,000 to date), where you can learn more, book a call, download their free eBook, get access to tons of additional resources, and or start the process to getting one today! And if you have any questions, just let us know.
