Marking for future reading, because I'm curious how non-profit money is held after the sale of a property.
Peace be with you and everyone, who you love,
Robert
Pardon my ignorance....but what's the scoop with kingdom hall ownership?
by outsmartthesystem 13 Replies latest watchtower scandals
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Devil_Fish
What a grand swindle.
Step 1. force local congregation to barow money from WT for building supplies, and land.
Step 2. tell local congregation during meetings that they need to donate additional money.
Step 3. force local congregation to donate labor to build new KH.
Step 4. Sell old KH and pocket the money.
Step 5. force local congregation to pay off barowed money.
Step 6. deem KH in-adaquate, go to step 1.
D_F
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Devil_Fish
quite a simple program really. could be written in BASIC.
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blondie
outtosmart the system, I can post here the definition of a non-profit corporation, no individual or congregation owns the property or building (US laws).