If the Watchtower Corporations shut down...who gets their assets?

by LovesDubs 17 years ago 16 Replies latest 17 years ago watchtower scandals

• 

  New light for you 17 years ago

  the money goes to all the child molestation victims.

  Link
• 

  MissingLink 17 years ago

  I'm guessing the lawyers will figure out how to snatch it.

  Link
• 

  yknot 17 years ago

  Shareholders

  Link
• 

  blondie 17 years ago

  ynot, non-profit corporations don't have shareholders, the corporate officers are not allowed legally to have any ownership of the assets.

  Link
• 

  yknot 17 years ago

  Sorry let me explain better......Top WTS would have ordered the liquidation of assets (because of "spiritual citation") and siphoned off the cash to dummy non-profit corporations in other countries.....all belonging to top WTS members.....of course laws change and are different from country to country.

  Link
• 

  passwordprotected 17 years ago

  Is non-profit the same thing as not-for-profit?

  Link
• 

  passwordprotected 17 years ago

  It would appear it is! http://en.wikipedia.org/wiki/Non-profit_organization

  Link