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#101 - Legal Wrappers for DAOs: DAO Research Monthly

Law of Code

CHAPTER

The Risks and Benefits of a Standard LLC

Dow's are weighing the risks and benefits of different legal wrappers. The UNA structure is available in dozens of states as long as Dow's meet requirements that allow them to register as UNAs. A not-for-profit purpose is not equivalent to tax exempt status, and very few Dow's will qualify as tax exempt organizations.

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