Job Description
1. We are a small (less than 5) group of collaborators, under which the Director/Principal founded and runs the Non-Profit Organization (NPO). We are seeking a written High-Level Comfort Letter from a licensed attorney and/or an Enrolled Agent to provide federal and state law statutes and/or insight, to satisfy third-party partner (e.g. commercial broker/agent), financial, tax, or other business concerns regarding "business" that the NPO and/or collaborators are seeking to sell to commercial buyer(s).
2. Our goal is to address and ensure that a NPO/Collaborator can develop a business as an "asset", that can be sold at commercial market price/value, remaining as a commercial business asset.
3. A third-party posed a query/concern if the asset was a security, yet we indicated that a "business asset" (e.g. book of business, software, technology, etc.) is not considered a form of securities pursuant to 15 U.S. Code § 77b.
4. We are looking for a solid High-Level Comfort Letter (HLCL) to help us leverage further negotiations, reaffirm our current operations, and simply prevent risks.
5. The NPO does not sell tax-exempt assets.
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