club_cafe: CLUB IN NEW YORK

iras1 on

I don't think you need an attorney for this. You will need to draw up a partnership agreement and file some paperwork with the state and pay a fee. NAIC can provide a model partnership agreement for an investment club.

Check here as a starting point for dealing with New York State:

http://www.labor.state.ny.us/business_ny/entrepre/legalfor.htm

You can check the NAIC web site www.better-investing.org for chapter contacts in New York who can also provide better information than I have.

Ira Smilovitz

In a message dated 06/17/03 3:39:30 PM Eastern Daylight Time, mlainez@bivio.com writes:

HI , I'm in the prcess of forming a club in NY. but the bank
wants me to get a Business Certificate and one attorney
wants to charge us $900. to get us one. Any idea from anyone
in NY.who has an investment Club what can we do to avoid
this $900. attorney fees.
Thanks

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