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Vermont OKs the Creation of Virtual Corporations

53 pointsby KBalmost 17 years ago

4 comments

admoinalmost 17 years ago
Less significant than it sounds (and certainly the title of the blog post is sort of linkbaity), but an encouraging sign nonetheless.
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pierrefaralmost 17 years ago
Why "start filing virtual incorporation papers" instead of, oh I don't know, email filing or online filing? Seems odd to stick to paper.<p>Unless it's a figure of speech...
olefooalmost 17 years ago
I wonder what new forms of white collar crime this might make possible...<p>If you write software that creates virtual corporations that cause harm that profits some other business entity you control can you be held liable?
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thomasswiftalmost 17 years ago
So some of the lawyers I talked to said were leery of LLC's because they weren't proven in court as corporations are. So what are they going to think of virtual corps? This is really interesting stuff though.