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The Association of Corporate Counsel (ACC) is the world's largest organization serving the professional and business interests of attorneys who practice in the legal departments of corporations, associations, nonprofits and other private-sector organizations around the globe.

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Annual Meeting 2006: A nonprofit organization engaging in activities that are substantial but unrelated to its mission increases its exposure to risk and elevates opportunities for reward. Our program is designed to familiarize participants with the legal implications of creating a for-profit subsidiary, and will review the potential risks and benefits and provide useful tools to avoid common pitfalls. Discussion topics will include reasons for forming a for-profit subsidiary and how to establish one, choice of entity, effective management and control, and avoiding attribution to the nonprofit parent.

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